All Forum Posts by: Edgar Ruelas

Either a title company or an attorney can help you put the deal together. But…ask the seller to see the agreement they signed with the listing agent when it was on MLS. The chances are it says the seller will still owe commission even if sold after it goes off MLS for a period of time (6 months to a year is common)

Thanks!

0 Votes

San Diego, California

Quote from @Mark Pedroza:

@Shannon Wright can assist. She might be busy..no she's not an attorney but she is a reliable title rep...

Good luck!!

Great! thank you Mark...

1 Vote

San Diego, California

Quote from @Eliott Elias:

Get with a attorney owned title company whos'e seen these kind of transactions. You don't want to tread this alone

I agree with your comment - Thanks.

0 Votes

San Diego, California

Quote from @William Spekhardt:

Hi Edgar, I did some research on real-estate lawyers in San Diego and found one that I use often. I can't speak to 'Subject to' deals however, I know that if his team doesn't know that answer they will find out for you. For title companies, I like First American and Corinthian. Good luck.

James Astuno

https://astunosabel.com/

Thank you very much! this helps...

0 Votes

San Diego, California

Hello everyone...! Does anyone know if any title company or attorney in San Diego, that is experienced with Subject to deals? preference southcounty)

I would greatly appreciate any suggestions!

0 Votes

San Diego, California

So, I found a house that was placed for sell on MLS, then it was taken down by the seller a few weeks after. The house didn't sell. I knocked on seller's door and asked if he was interested in selling and he says yes. The seller is just not interested in selling through a real estate agent and wants to do something more on a person-to-person deal.

After talking to him he’s open in either “option to buy” or “subject to financing” – I’m exited as this would be a great deal since the seller is willing to give me a 3% interest basically to take over the mortgage payments and 5 years to pay out the equity $400K.

Now, I have never done anything besides the regular real-estate agent / Bank / Tittle company and close the transaction.

Is there a path I have to take?

Any recommendation on going through an attorney or Tittle company instead? Any recommendations are welcome

Any specific contract I should be using (I’m in California)? (I need to seal the deal…)

Does the deed need to be changed to my name? worried about the deed being called by the bank...

Thanks…

0 Votes

San Diego, California

Hey Sharise and Garrett... I'm in Tijuana as well. My family and I moved to TJ (work related) about 6 years ago. Very rocky in RE investing and trying to learn. We're in the process of buying a triplex in San Diego - just got into escrow today. We are also investing in just south of TJ close to Rosarito.

It is nice to know there's someone else at TJ.

1 Vote

All Forum Posts by: Edgar Ruelas

Edgar Ruelas has started 2 posts and replied 7 times.

Post: Subject to Financing _ Tittle Company or Attorney?

Post: Subject to Financing _ Tittle Company or Attorney?

Post: Subject to Financing _ Tittle Company or Attorney?

Post: San Diego Attorney or Title Company - Experienced with Subject to

Post: San Diego Attorney or Title Company - Experienced with Subject to

Post: Subject to Financing _ Tittle Company or Attorney?

Post: Multi Family Investing