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45805 : Real Estate Advice

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  • Home Buying4
  • Home Selling0
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Activity 4
Wed Dec 31, 2014
Rollin Gosney answered:
you can consider trying a land contract option to a well qualified buyer. Do not accept less then 10 % down or ten thousand dollars . Most will end up purchasing home once there capable normally in two years. You can put a balloon at two years to if they cannot purchase you get the $10k and put towards your mortgage etc. Any questions call me anytime !

Rollin Gosney
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Sun May 2, 2010
James Gordon ABR SFR SRS answered:
Jillsy you need to talk to your agent about how to proceed on this one. On a normal transaction I know what I would recommend to my client, on a short I know what I would recommend to my clien and the 2 actions would not be the same. ... more
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Sun May 2, 2010
Daryl & Briget Urban answered:
Hi Jill,

What sort of contingency are you talking about?? Contingent upon private home inspection? Then you decided not to have it inspected.. no not a breach. Contingent upon selling your home, and your home has not sold.. then that is not a breach. That is the reason you have a contingency in a contract, in case you cannot preform. It does not breach the contract it deems it null and void. Something else??? be more specific and maybe we can help. ... more
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Sun May 2, 2010
Daryl & Briget Urban answered:
Yes, if the seller agrees to clean up debris but does not, then that is a breach of contract. You can refuse to close on the deal until the task is performed. If they simply refuse to perform.. then you have two options. 1. close on the deal anyway and clean it up yourself. ( you may be able to sue latter for your efforts... but really? would it be worth it?? consult an Attorney on that.) 2. You can void the contract for non performance and walk away. ... more
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