All Forum Posts by: Tiara Murray

And after 3 days the contract becomes void?

Is there a certain form I need to submit a verbal offer?

Hey Eric, how can you go into the closing with no money? I thought that once you sign the papers in the closing with Seller A, that you had to give them a check to? So you're basically saying that the title company collects the check from your B-C closing to give to Seller A at a later date? And where does earnest money factor into these deals?

Can I submit a verbal offer on REO's?

How soon after your offer is accepted do you submit the earnest money deposit

Thanks Steve. I thought no one would reply to this. I'll be sure to use the 5-7 day escape clause. I havent quite figured out a way to quickly assess repair costs. Is there a way that I can do that within the 5-7 so that I can market to my buyer's list?

Tiara

I was told by my realtor that I shouldnt have an inspection contingency in my contract. How can I effectively market to my buyers if the bank wants me to close within a week?

Thanks J. I'll be sure to do that.

I read that having a realtor on your team can be a great help. I even found an investor friendly one in my area that I am about to start working with soon. I was wondering though, how can I find more investor friendly ones? Other than going to REI meetings and cold calling every for sale in my area. What would you suggest?

Thanks in advance!

Tiara

This is the absolute best and most informative thread that I have ever read on BP thus far!!!! I am about to put these strategies to the test ASAP!