First post but I've been lurking for a while. Quick run down, we bought our first home, a foreclosure and have it under contract for a nice profit. It closes 10/13. Found a second home to rehab which is also a foreclo...
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New investor here and excited to be on bigger pockets!So I made an offer on a property (los angeles area) and the seller basically came back asking that the inspection contingency be waived as he is worried about me c...
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I’m facing a situation with the property. Have you encountered instances where it looks like occupants are unwilling to vacate a property for sale, but attorney-in-fact who is selling property is assuring that the pro...
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What types of contingencies do you guys put in your purchase agreement? Do you need them? Anyone have a purchase agreement they could share? Thanks!
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I went to make an offer last night, and since I'm wanting to use a 203k loan, I knew it would be a pain in the ass. I asked for a financing contingency as part of my offer, but the real estate agent said they don't d...
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What are some necessary contingencies that I should have in a contract? What are some exit clauses? I am trying to compose a contract based off a few that I found on the internet. At what point should I seek legal cou...
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We recently submitted an offer on a house. The sellers agent recommended we remove the appraisal contingency due to competing offers. She told our agent that there had already been an appraisal and that although she...
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What are some solid contingencies to input to my contracts that will limit my risk when only wholesaling?
my home buyer, removed the financing contingency 3 weeks before closing date and before his loan was approved. he claims since he removed the contingency, he could close past beyond closing date! is that true?thanks.
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Does anybody have a good contingency clause? We need to sign a lease, but it can only be valid after HOA approval.Thanks,Stephan