All Forum Posts by: Alan Sue

Hey everybody, my sister is currently looking for a place in Torrence, to live and invest in.

I don't know the area, but have had family there for awhile, but most of the places she sends me details on wouldn't seem to be a profitable place to own cashflow wise(how I am mainly looking at it). 

Is this area more of an appreciation area right now, or are the properties she is finding just not the right ones?

Thanks!

Alan 

@Adam L. welcome to the forums! I just recently joined the forums too, and getting my feet wet. I'm also living in Japan and primarily looking to invest in the US. If you are ever around the Yokohama area let me know!

@David Gotsill Thanks for the welcome! I will definitely try to make it out to a meeting as soon as I can!

Chris Dawson thanks for your reply! I can definitely understand how having a clean and easily track able title is incredibly important, especially in this day and age. Is that important in both the buying and selling time? I can see how it would in the selling, but I am a little confused why it would be needed in the buying, unless they want to make sure that it is only my name on the property? It will only be my name on the loan, so perhaps that might be the reason?

Great to meet all you guys!

@Bill Baldwin I'll definitely hit you up!

Thanks for your replies!

My mortgage company isn't requiring it, but for some reason the title company(Waco Title) wants to require it for the closing as well. They are discussing a little bit, and will hopefully work it out, but I figured asking here would help me understand it too.

@Sylvia B. Yes I am taking out the loan title in my name only, I'm hoping in the future to be able to have my wife have loans in her name in the future, so I didn't want to have her on them. It seems like it is complicated, but I can see why they would have it for the title company.

@Gena Kirkwood Waco Title. I am planning on putting it into an LLC at some point, but I think this is my first property the mortgage company didn't want to put it directly into that from the beginning, but do a quitclaim anytime after closing was done in my name.

Hello everybody!

My name is Alan, and I'm a missionary in Yokohama, Japan, moved here from Hawaii. Looking forward to getting to know everybody, and learn as much as I can about real estate. Buying my first property in Missouri right now, and will likely be buying in places I haven't seen before since I am a world away. 

My wife currently works, but hoping to eventually replace her income with real estate. Looking forward to it all!

Hello everybody! Let me preface my fun complicated times, I currently live in Japan(ex-pat), and trying to purchase an investment property in Springfield, Missouri.

Getting things notarized for America isn't the simplest or cheapest(If I notarized closing documents here it costs $500+).

Currently the title company that my mortgage officer is going with is requiring my wife(Japanese) to sign a Marital Interest Waiver, if my understanding is correct giving up her right to the property.

Herein lies my question, is this actually required by law, and if it is, does Missouri recognize e-notaries?

Thank you for your replies and help!