Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Wrap Around after disaster
Hello BP, i need some advice in this. Let said i do a wrap around mortgage and a year later the buyer decided to stop making payment and the property return back to me because the house is damaged by flood and the buyer decided to move out of the state. Since the property is now damaged, what can i do or is there a better contract construction i can do when the property is damaged?