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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] (No Nerves) Posted by SeanW on May 01, 2003 at 9:43 PM In Reply to: No risks that I see. posted by Ward-CA- on May 01, 2003 at 8:18 PM BTW, I understood you were giving a fixed value to the seller which would make a valid trust deed. My point was that you, as an experienced specialist, can be confident of your estimate of the repairs. The newbie is going to be less accurate, and more likely to end up eating unexpected repairs out of the remaining equity from resale. I was trying to see if there was any other way to structure a deal which is fair, but leaves the final profit floating. After all, that's what a retail seller faces. The escrow company gives a "good faith" estimate, but I didn't know what the final check would be until the close. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : BTW, I understood you were giving a fixed value to the seller which would make a valid trust deed. My point was that you, as an experienced specialist, can be confident of your estimate of the repairs. The newbie is going to be less accurate, and more likely to end up eating unexpected repairs out of the remaining equity from resale. I was trying to see if there was any other way to structure a deal which is fair, but leaves the final profit floating. : After all, that's what a retail seller faces. The escrow company gives a "good faith" estimate, but I didn't know what the final check would be until the close. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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