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Brown Cafe UPS Forum
Life After Brown
We're buying a house.
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<blockquote data-quote="fxdwg" data-source="post: 772251" data-attributes="member: 5135"><p>Steve.</p><p> </p><p>1. Get a new Lawyer</p><p>2. Failure to pay rent is a default on your Agreement</p><p>3. You do not have "Dibs" on this property</p><p>4. I read something about "shorting"...it may exist locally, but is not a recognized activity in RE except for stocks</p><p>5. See #1..pay your rent to a new Lawyer through an Escrow-type account...But pay your rent</p><p> </p><p>I don't know your circumstances, but Lenders are looking for good people that have a history of paying on time without defaults</p></blockquote><p></p>
[QUOTE="fxdwg, post: 772251, member: 5135"] Steve. 1. Get a new Lawyer 2. Failure to pay rent is a default on your Agreement 3. You do not have "Dibs" on this property 4. I read something about "shorting"...it may exist locally, but is not a recognized activity in RE except for stocks 5. See #1..pay your rent to a new Lawyer through an Escrow-type account...But pay your rent I don't know your circumstances, but Lenders are looking for good people that have a history of paying on time without defaults [/QUOTE]
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