omarsh


All About omarsh

Name: 
Onardo
Location: 
North Lauderdale Florida
About Me: 

Im 23 years old and have been interested in real estate for quite some time now,
Im in the process of starting my first deal and want to make sure that i'm doing it right.

Interests: 
Real Estate, Learning, Music production

Topics I've Participated In

TitlePosterRepliesUpdated
Doing a Flex Option From Start To Finish? omarsh28 years 22 weeks ago

Basic Info

Children: 
Have Child(ren)
Education: 
Some College
Status: 
Single

Sites I Visit

Mainly Just This One

Guestbook

HOW TO FINISH THE DEAL?

Lets say i have the property under a flex option, and i find an interested buyer ready to purchase, how do i go about going through the final process so i can get paid? im stuck, anyone able to assist me on this one?

Hi

tenorsaxman's picture

Hi do u know of a form or contingency that will keep the bank from coming back later and trying to sue a seller for the difference of the loan they owed. Example: if the seller owes 70,000 to the bank and the bank accepts a offer of 30,000. They would still technically owe 40,000. How would I make sure that debt is forgiven with a contract the bank agrees to.

Thanks for your time