If attorney review is not completed you can accept any other offer you wish without legal ramifications as long as your attorney voids the first deal out. - Tue Oct 2 2007, 19:17
Certificate of Occupancy, is required in most towns in order to sell.
It is an inspection usually done by the local official to look for any code violations ie: illegal residences, bannisters on stairs etc.
It is NOT as detailed as a home inspection, each towns look for different things. The Smoke Detector certification may be part of the CO in some towns. - Thu Sep 20 2007, 14:02
In NJ....as stated in the earlier answer it is "procuring cause" which basically means, the person who brings in the contract get the deal unless you signed some sort of Buyers Agency Agreement. Ethically and personally, if the agent took the time to show you the home that is the person you should present your offer thru. Going to another agency to present an offer from a home that another agent showed you is frowned upon by any ethical agent and they should direct you back to the agent that showed you the home or at least to the Broker of that office to work with or assign and agent from that original office.
You can then use whatever agent you want to SELL your home. (Unless you signed a listing agreement already.) - Mon Aug 6 2007, 08:12
Can't speak for the Police Department, but as far as investing? It's all relative, you will pay less for a property in that area and when you go to sell it you will get less.(relatively speaking) As far as the actual investment goes, there a lot of programs out there (Section 8, County Assistance) etc. that guarantee rent so it may not be a bad idea for investment. Like anyting else..just go over the numbers, if it makes sense, then do it. - Sat Aug 4 2007, 07:26
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