All Forum Posts by: Sonia Roberts
Sonia Roberts has started 1 posts and replied 14 times.
Post: Good First Buy and Hold Deal?

- Involved In Real Estate
- Round Rock, TX
- Posts 14
- Votes 10
True about negotiating the price, especially if that price was with a new roof and the property is not getting one. Worth a try anyway
Post: Drop by to say hello!

- Involved In Real Estate
- Round Rock, TX
- Posts 14
- Votes 10
Hey Jason,
Looks like we are practically neighbors-but I understand the market is better there right now for investors.
I am new too, so nice to meet you.
Post: I'm about to sign a purchase agreement any advise or tips???

- Involved In Real Estate
- Round Rock, TX
- Posts 14
- Votes 10
Not knowing Arizona rules but in Texas we have an option period that for a nominal amount-given to the owner-gives the Buyer the right to terminate in x amount of days for any reason what so ever. This time gives us a chance to have inspections and work out any additional agreement should the inspection bring up some unknowns, or walk away. I am curious how other states handle that inspection or an option period.
Also, the appraisal is usually addressed in the financing pages. however if you do put down a substantial down payment the lender may not be effected so they will not question it-so stating that the property must appraise for at least sales price does make sense
So good luck to you since buying a home is a big investment and you need to make sure you are comfortable with the process.
Post: Is REO inventory overpriced everywhere?

- Involved In Real Estate
- Round Rock, TX
- Posts 14
- Votes 10
Austin TX is in the same boat with inventory down there have been a lot of bidding wars.