Negotiate a Cleaning Credit to Help Defray Your Property Cleanup Costs

Always try to negotiate a $500 cleaning credit to help defray your property cleanup costs. And have the $500 credit applied toward the option fee at the time the option agreement is signed and notarized. You will find that most owners of vacant, run-down properties will welcome your offer to clean up their property, especially if the property has been cited for violations by the local code enforcement department. Over the years, I have had only one property owner balk at giving me a $500 cleaning credit toward the option fee. And when it happened, I turned around and refused to sign the option agreement until the property was cleaned up.

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