Is it true that in Illinois buyer can back back out of a contract in 5 business days of signing for any reasons? Are there any exclusions?
I know HUD houses are sold through daily auction, so I assume listing agent can not affect HUD's decision on whether to accept an offer or which one to accept. My question is is there any known or unknown benefits of ...
Hi, I'm looking at a a new realtor and he asked me to sign an exclusivity agreement and in it compensation to the brokerage is $350 and 3% with a minimum of $3500. He states it's because of that new lawsuit with the s...
Hey guys, in a little bit of a predicament. I have been working with a realtor (realtor A) for about 3 months or so trying to find a property... We've put an offer in on a property, and we are just waiting on that pro...
About 2 weeks ago, I submitted an Offer to Purchase a Property for a Client/Buyer.The Seller's Agent got back to me and said that there is currently an offer with "No Finance Contingency" and because my Client will be...
Hello All,My name is David Shea and I'm fairly new to Bigger Pockets. I work for an acquisitions firm here in Los Angeles, CA that connects investors with exclusive and mostly off-market deals. Before this, however, I...
1. Why would a seller list his/her home as "an exclusive right to sell agreement" restricting him/her, when he/she can list as "agency agreement" and have some extra flexibility to surface his/her own buyer?2. are the...
I am selling my house in a few weeks for less than i bought it for (which is fine due to the market).I have found a commercial property I want to use the money for. How can I use the money from my residential home to...
Hello,I am about to put in an offer on a duplex. Usually I thought there was an inspection period of 10 days but the realtor told me there is no inspection period for this property. That means the home inspection wo...
I am looking for investment properties in the columbus ohio area. the agent that I am working with is not available today and I want to put some offers on a few hud properties. The bidding period ends today so i need ...