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All Forum Posts by: Vijay G.

Vijay G. has started 19 posts and replied 64 times.

Post: Offer Strategy options

Vijay G.Posted
  • Rental Property Investor
  • Portsmouth, NH
  • Posts 64
  • Votes 16

Thanks Josh for your advise. Appreciate it.

Post: Offer Strategy options

Vijay G.Posted
  • Rental Property Investor
  • Portsmouth, NH
  • Posts 64
  • Votes 16

Thanks Charlie for your advise. I’ll look for a local realtor. 

Post: Offer Strategy options

Vijay G.Posted
  • Rental Property Investor
  • Portsmouth, NH
  • Posts 64
  • Votes 16

I m newbie and planning to put an offer for a 3bed2bath 1870 sqft near Disney world which is zoned for STR. This property was built in 2005 with little outdated kitchen and cabinets. I heard from realtor, 3 offers on the table already. 2 nearly full price. 1 full price with appraisal. I m an out of state buyer thinking of my 1st Airbnb STR. How can I be competitive with these. One option is to waive appraisal. Zestimate shows 90k less than the listing price. I already checked airdna, good revenue for STR. Any suggestions on how to proceed with offer would be appreciated.

Post: Condo contact with no inspection contingency

Vijay G.Posted
  • Rental Property Investor
  • Portsmouth, NH
  • Posts 64
  • Votes 16

We signed a condo contract with no inspection contingency. We deposited 4k on earnest money deposit. Seller allowed us to perform inspection(for information purpose only) and we discovered few issues(window not shutting down, paint peeled off in bathrooms, exhaust fans in both bathrooms not functioning). There issues were not disclosed in the property disclosure when we signed the contract. We are requesting our realtor to have the seller fix these issues, but our realtor don't want to communicate these issues because seller realtor already said that inspection is for information only and not for negotiation. We are planning to close by June 30th. Who should be responsible to fix these issues ? We want to move in to this condo but we wanted seller to fix these issues. I am thinking about sending the inspection report to the seller in a certified mail so that he can take care of the issues. If they don't fix these issues, can we back out of the offer and get our earnest deposit $4k back ? Please advise on how to proceed.

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