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Arlene McCoy

12 people online

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Arlene McCoy

Congratulations, guys - lets celebrate Dan and Stephanie Mentorship Program’s big win!

02:40 PM
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Alex

Wow that’s a lot of profit!

02:40 PM
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Victor Trenton

120k net, approximately. And the hard money lenders will take almost all of it. With the time it took to complete you could've drove for uber and make the same

02:40 PM
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Glenn Smith

Congrats hard work pays off! What happens in this case the apprecier came below the offer??

02:40 PM
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Tomasa L

There would be a renegotiation between the buyer and seller. Buyer would have to bring an extra down payment or the seller would have to reduce the transaction price to make it work.

02:42 PM
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Arlene McCoy

In this case my buyer has agreed (on offer contract) to pay the full outstanding amount of appraisal if the property gets apprised below their offer.

02:43 PM
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Alex

Forgot to mention that sometimes, buyers agreed to pay over appraised value as part of the verbiage in the contract. Those are great terms brother!

02:44 PM
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Victor Trenton

Congratulations!

02:46 PM
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Glenn Smith

That sounds pretty amazing!

02:48 PM