The inspection contingency is used to legally back out of a contract due to the property being in an unacceptable condition upon inspecting the property. Yet, it seems common practice for wholesalers to use this conti...

I need some help understanding the "unfulfilled loan contingency" in the standard Arizona Purchase Contract (section 2c).  If I'm not satisfied with the terms (interest rates, etc.) that I'm receiving from lenders, is...

Hello everyone,It's been a while since I have been on here. I enrolled in a masters program and didn't have time to be on the forums. I really missed you guys but I am back.So, my wife and I made an offer on a quad in...

We have accepted an offer on a 4 family house and in our Offer to Purchase Contingency Addendum we had the inspection contingency set the limit of defects at $1,000. The seller responded that we should increase this t...

So of course newbies will want to have an inspection contingency, but what is the best 2nd one to have? Will sellers balk at an "upon partner's approval" one? Better to have financing one instead?

Hi.. My wife and I would like to purchase a home.   And I would like to rent out my condo to help pay the mortgage.  Actually, with my low income, the lenders are asking for a signed lease to include with our document...

Hello,So I am dialing up offers to send out to some properties and I want to know as a newbie to the investor world. For instance, I am estimating the rehab costs myself (without contractor experience, except book kno...

Howdy, My background is in architectural engineering, commercial construction, and I can evaluate a building condition.     I think inspections are important and I am comfortable paying someone $500 to spend 8 hours i...

My primary residence in northern VA is under contract now and the buyer's financing and appraisal contingency will expire by 9pm of 6/30/15. Our listing price was $499,900. On the existing contract, the selling price ...

Hi,About to submit an offer on a property with a conventional loan.  Given the current COVID situation, is a 30 day loan contingency and closing still possible?  My agent wants to write a shorter timeframe, but my mom...