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39
Posts
5
Votes
Carol Donaldson
  • Wholesaler
  • Zephyrhills, FL
5
Votes |
39
Posts

"Networth Realty" any thoughts?

Carol Donaldson
  • Wholesaler
  • Zephyrhills, FL
Posted

All,

I was looking at a potential property posted by Networth Realty in Tampa.   I was just curious if anyone has worked with them?  I found a few things, and my attorney did too, that seemed risky about the deal, and I was wondering if this is the norm

The deal seemed awesome with a fix and flip potential of over $60K net to be made.   However when I ran the contract past my attorney, he was concerned about the high $ for a non-refundable earnest and no allowable contingency for inspection.  Plus there was a $500 fee that had to be paid to them for their fee and I was to cover all closing costs (their's and mine).

Do you know if this is the norm for this company?  Is it still good to consider them?  It seems like a lot of risk and I was wondering what other's experience has been.

-Carol   

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