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Can the seller terminate contract due to environmental defects in ILLINOIS?Following a mold inspection, we (buyers) found out that there is mold in the house. After we gave our Inspection Response, the seller;- first,...
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So my partner and I finally get our offer accepted and move to the due diligence phase. We meet the inspector at the property. Get access to first unit, its a 4-plex. We are surprised to find out that the tenant had b...
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Hi all,I ran across this blog post by a texas lawyer: http://drewshirley.com/a-lawyers-guide-to-the-trec...Anyone disagree with the points this lawyer makes? In particular the following: Section 15: If you are the Buy...
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Hi all. I'm about to do a rehab on a 1,000 sqft 2 bed 1 bath single-family home in Spartanburg, SC. We'll be taking it down to the studs and not moving any walls. I am trying to get an idea of what I'll spend to he...
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I am curious whether BiggerPockets has any forum concerning neighborhood rights in respect to absentee landlords. I have been a landlord several times in my younger days and now live in a small town neighborhood that ...
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Potentially morbid albeit serious question(s), How does death of any kind (ie: illness, homicide, etc.) on a property affect it’s value? I understand that some states have or don’t have laws that require disclosure of...
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Cigarette smoke can be a big problem in a lot of homes. While I'm sure it is not nearly as bad as it used to be, getting rid of the scent can be a massive pain. Recently a client of mine expressed interest in a small ...
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Hello real estate community. I came across a good deal in Garfield NJ, built in 1910, the price is very promising, short sale, cash buyers only. Listing disclosed mold and water damage in the basement and soil contami...
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Hi Everybody,This was the first Fix & Flip property I've put an offer in on, so it was pretty exciting for me... I posted a while back about a property in a South Shore town here in Massachusetts and the water da...
My brother and I own a single family home. The tenants have been there since 2022. Recently, we had a leak from the A/C in the attic. The Condensation drain line was plugged up and managed to leak through the ceiling ...