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Updated over 1 year ago on . Most recent reply

User Stats

36
Posts
19
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Kim Durst
19
Votes |
36
Posts

Have you ever seen this? Is it shady?

Kim Durst
Posted

Florida question…we are investors, this would be our fifth short term rental purchase, and I have never seen this. Wondering if anybody knows the legality involved with both of these being checked. 

we don’t have 100% trust in this real estate agent as we have only worked with them a couple of times. 

We like to have the ability to walk away from a deal if something goes south and typically will use the finance contingency. I haven’t gotten a straight answer from the agent as to why both boxes are checked.

Let me know your thoughts!

Most Popular Reply

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1,107
Posts
750
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Ray Hage
  • Investor
  • Fort Lauderdale, FL
750
Votes |
1,107
Posts
Ray Hage
  • Investor
  • Fort Lauderdale, FL
Replied

Hi @Kim Durst I am a realtor and investor in Fort Lauderdale. You absolutely need to have a financing contingency in there. In fact, I STRONGLY recommend you also have an appraisal and homeowners'/flood insurance contingency in there as well. An honest realtor will give you many avenues out of a bad deal! 

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