GOLDEN NUGGET ALERT! Due to certain high risk insurance claims being reported, make sure you know the history of the asset you are going to purchase. BE CAREFUL of water damaged homes.
Most Insurance companies are starting to broker out assets that had previous water damage on the properties history (5 year statute of limitations). Most will counter the NEW BUYER with up to a $5000 deductible for future water remediation claims, so this can affect the sale of your renovation in numerous ways.
Broker, Linda Devenney, SoCal Superior Properties, Inc charges 1% of the purchase price deemed a transaction coordinator fee, to help with all your California asset purchases, thus making it possible to use any and all real estate agents or wholesalers bringing you assets but with an advisor on the side, to help prevent these types of high risk management oversights, that most don't pay attention to.
Buyer or Seller can pay this fee, but generally the listing agent will simply agree to reduce their commissions to offset. Call Linda, and she'll start investigating the property and contracts, to begin helping You negotiate the terms of the purchase.
Linda will create a team atmosphere with any agents involved, to help all parties negotiate, research, execute and close the deal, so the investor can be out looking for new assets. Buyer recourse is one of the highest risk investors have today.
Expert Advice is only a click away~ Linda's direct line is: 877-622-5736 Ext. 5
When receiving real estate advice, individuals should always seek their own legal and tax advice pertaining to each persons financial portfolio.