Bob Baker - Contract Class (4/25/2016)
In this class, we will address several key challenges we are facing in the market today. Here are some of the topics we will discuss.
- The fallout from the storms that have come through and will evidently continue to happen. We will discuss paragraph 14, the roof company dilemmas, the insurance company and the choices the Seller and Buyer have in the transaction. This will include some clauses we may need to consider a Buyer inserting to protect their interests in obtaining insurance adjuster reports.
- Our TREC’s rule on contingency clauses in the offer.
- We will discuss and emphasize some key elements of a multiple offer scenario that we are still having trouble with in our transactions.
- Possible financing limitations clauses to be considered to protect the Seller from financing surprises from a Buyer.