All Forum Posts by: Jared Hebb

Hello BiggerPockets! I'm looking for a little help navigating a cloudy title issue.

My wife and I are under contract on a house in Chattanooga, TN.  We received an email from the title company involved saying that there is a cloud on the title, and there would be an additional 1% tax hazard premium due at closing because of that.  Assuming that we can come to an agreement with the sellers on how the 1% tax hazard premium is handled, the issue of quieting that title would still be remain.  

I'd really like to understand the process of quieting the title, how to ensure that it happens.  This listing agent has not been very cooperative in terms of communication and urgency.  My fear is that if we end up closing, she will pop smoke and I'll be left with this title issue. I assume that the 1% tax hazard premium is what is supposed to protect me from that?

Does anyone have experience with something similar?  Thanks in advance!

I appreciate the suggestion and contacts, thank you Charles!

 Thanks Tommy!  That's a good find!  I've dug through their website and I already know I'm going to have to keep this a secret from my wife...

 Thank you for the recommendation Adrienne!

I think liquidity plays a part into that.  I can keep cash in a high yield account until I find a higher return opportunity than a 10 year treasury bond. Without paying a fee. I think that you have to wait 5 years to cash that out penalty free. I could be wrong on that cash out penalty though.

Hello all!  My wife and I are moving to Chattanooga at the end of March and are in search of a local bank or credit union to bank with and borrow from.  Any recommendations or advice is very much appreciated.

Thanks Team!

Hey all, I've been keeping money with LendingClub. 4% APY there.  They've been really easy to work with and their customer service is great. Account comes with an ATM card to pull from it if you need it need it.

Hey BiggerPockets community!  My wife and I are looking at creative ways of furnishing a home with new furniture.  We thought about reaching out directly to furniture suppliers thinking that we could purchase stuff at a discount.  

Does anyone have any experience in that area or have any recommendations on different ways to approach this?

Thank you!

Jared