Posted by Brent_IL on August 14, 2003 at 23:13:00:
IMO, $2,000 isn’t really too many repairs. I always estimate $3.00 a square foot for patching, painting, floor coverings, some new fixtures, and landscaping. Most of the time it’s high, but then sometimes it’s not.
As Rick says, ?Don’t f*rt around.? If you snooze, you’ll lose. Sign it up. If it is as good as you say, someone local might pay you $5K or $6K for the contract and you won?t need $5,000 or repair money. Your contract buyer will double their money in a month and be back for more.