All Forum Posts by: Julia Vang Hart

@Stephen Akindona - I'll be sure to check them out and get a bid from them for me client.

@Kenny Dahill - Thank you for the heads up. Yes, I'll be sure to get multiple bids 

Congratulations! That's an amazing success story! The numbers look great! 

@Caleb Heimsoth....Thanks! I appreciate the information. 

@Brian Pulaski - Great tip on an accent wall in the master. I'm going to do that in the current reno I'm working on. Thanks!

Looking for a property management company in Memphis area. Any suggestions greatly appreciated. 

Thanks!

@Steve Haight If I decide to go ahead with it I'll talk to my attorney. I can't say it's a bad deal because it's a legit deal. The land bank is run by the county so I know it's not a scam but at the same time I have to protect my interest and that means doing due diligence. I have the option to pay for an abstract of title now and get quiet title done later.  

@John Whittle - Thank you for the tip on easytitlesearch.com. I will definitely use it on this deal and others. Have a great day! 

Thank you so much @Wayne Brooks for your response. You're right I don't like that "dance" you presented at all. That's a lot more than I bargin for. Yikes! I think I'll sit this one out. 

I am considering buying a property from a landbank for a song and a dance. However, I would only be given a Quit Claim Deed at closing. I plan to fix it up and sale it. I know the differences between Quit claim and Warranty deeds. I know there's some risk with a Quit Claim Deed and that some buyers may not want to buy the property due to only being given a Quit claim deed. I may get an abstract of title done before I put in an offer but I hate to put out the expense but I also hate to be stuck with a property I can't sell later.    

Worst case I can hold the property as rental but I hate to tie up my money like that. Has anyone here had a problem with selling property on quit claim deeds? Is it worth the risk?

@Charlie Fitzgerald: Thank you for your input. I was leaning toward it and feel better now after I read your response. You are absolutely correct $1440 a year in exterior maintenance is very acceptable compared to what I'd paid otherwise.