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Updated almost 7 years ago on . Most recent reply

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Tyler Keit
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10
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FSBO Accepted an offer on my first flip NOW WHAT

Tyler Keit
Posted
I finished my first flip, listed it and the next day got an offer that I accepted. We are meeting today to go over the sale but I’m not sure my next steps? He’s using a FHA loan so I know there’s a couple more hoops to jump through but do I just start with a purchase agreement? (Where should I get one if so) Title company, escrow, inspections I’m not totally sure of the steps here.

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Tyler Keit
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Tyler Keit
Replied
@Brandon Sturgill Yes I agree they should be compensated. Further I get in the process the more I’m appreciating a middle man It definitely kept the negotiations moving forward and also the buyer agreed to pay for him and we just wrote up all the expenses in the mortgage so nothing out of the buyers pocket. The one thing the realtor is doing now is listing with his remax office on the MLS at a higher price to help the appraisal go through. The inspection is in an hour and the appraisal is scheduled for Monday morning. 🤞

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