All Forum Posts by: Joseph Blum

Sometimes you may need "original" irs ein letter.  This can occur if a company's "identity" is stolen, ie someone other than appointed managers or owners - use company ein to open a bank account fraudulently.  If for some reason you "loose" original letter IRS will only postal mail a copy of the letter to the "original" address ein was issued to.

Under 2k/month rental.  How significant would a $100 price difference be to potential renters.  We marketed an apartment and got a couple of showings and no applications.  2-3 weeks later we dropped price $200 and had 6 applications in a week, every showing resulted in an application.  Was it the $200 or better timing (area influenced by seasonal rent spikes and we just missed the cut off...) or what are other factors to take into consideration before lowering price.

If you find one in phila please pm me.... been thru three, 2 were all talk and big bills. Steer clear of Rabinovich pllc firm and keep in front of mind attorneys referred by bar association PAY for slot to be referred, so referral is NOT based on attorney experience, client experience, nor complaints; we have been extremely lucky with a NJ bar referral but unlucky with Phila bar referral so it may be a crap shoot. From my experience RE is a vast legal landscape, I have had best luck farming out specifics to specialists.  ie contracts, litigation, and even more granular to specific issues (it is surprising how niche some really good lawyers can be, but only for a specific niche of real estate law)  Good luck

STR in phila ?!??

How are RE professionals comparing comparable taxes in neighborhoods now that phila.gov/revenue/ no longer displays this data ?  

So i understand different regions handle escrow somewhat differently, different customs and regulations.  I am interested in all input regardless of region.  Looking for experiences of what not to do in any circumstance, and what seemed to have worked well even under fire.

Buyers often prefer to have escrow w/title agent (especially in regions where title agents can only work for the buyer)

Sellers generally prefer to have their lawyer hold escrow if feasible.

With these general guidelines, what are the options/solutions if a buyer wants to use and keep escrow with a particular title agency but seller wishes to choose escrow agent and allow buyer to choose title company.  What factors would you consider?  What concessions would your request in kind but in lieu of escrow/title agent choice?  Interested in both opinions - buyer and seller.  Just trying to take into account ideas not previously tired, thought of, considered. 

Thanks @carl fischer & @ Ian Walsh.  Actually in a contract with a buyer who is not using a lawyer, only a title agent, and the property is in Bergen County, nj.  Of course an attorney is recommended and advisable, but the wrong attorney could sink the deal in so many ways.  I guess that is why some people decide to go it without one.  More experience i suppose makes that easier - definitely not recommended for first or second real estate transactions !  PA seems to have a fair amount of no-attorney real estate purchases going on......curious what makes the difference from region to region.

Is there any state that does not allow the person with legal power to sell a property from selling the property without an attorney? Not a quit-claim, a regular closing with a title agent and escrow. Seller has help to get get all the paperwork in order then closes without an attorney of record.