All Forum Posts by: Brenda Kinney

I would like advice or tips on bidding at the online San Diego County Property Tax Sale scheduled for May 2018. If anyone has experience with this, I would greatly appreciate hearing from you. Thanks

Does the SELLER have to pay a abstract of judgement filed with the california superior court 9yo for a credit card debt BEFORE escrow can close? This is a rental property inherited 2yo, 50% ownership.

If you are in escrow, which closes in 5 days, and have accepted a down payment, is it too late to arrange a 1031 exchange in California?

This is an inherited property between siblings with 50% ownership each. Does what one sibling do with the proceeds affect the others options regarding a 1031 exchange? 

There is appx. $50k appreciation in the SFR rental property since inheriting 1 1/2 years ago. Does that mean each sibling would be responsible to pay tax on 1/2 of the $50k?

If you are in escrow, and have accepted a down payment, is it too late to arrange a 1031 exchange in California?

Can anyone suggest the best way to handle the sale and paperwork a FSBO SFR in San Diego, Ca? Can I use a quit claim deed and a notary? What if an investor buys? I will be selling it as is, due to the age, 1955, and condition. What about seller disclosure when selling "as is"?

Can anyone suggest the best way to handle the sale and paperwork a FSBO SFR in San Diego, Ca? Can I use a quit claim deed and a notary? What if an investor buys? I will be selling it as is, due to the age, 1955, and condition. What about seller disclosure when selling "as is"?

If there is a 50/50% ownership in a mortgage free SFR in Ca, can one owner hire a realtor without both owners signature and or knowledge?

My sister and I inherited a mortgage free house appx. 1yr. ago in San Diego, 1955, 8900 sq. ft lot. 3bd/1bth 980 sq.ft, which has now become vacant. I am trying to decide if It is worth trying to rehab, or sell as is. current value appx.450- 500,000. ARV range 600-800,000. Looks like 50,000 would get it to the 6-650 range. 75-100,000 up to 800,000+ range. I am concerned that after selling fees, tax's, it may eat up too much profit. My credit is not great, so wondering what loan fees will be as well. This is a up and coming area, with flips happening all over. I do have extensive experience in construction, landscaping, and design. Any advice?