All Forum Posts by: Justin Aguilar
Justin Aguilar has started 16 posts and replied 40 times.
Post: Any way I can assign a contract without the seller seeing?
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Hello,
So I have a couple of properties under contract. Usually what I do to not disclose my fee is a simultaneous close, but the ultimate buyer I am working with does not want to do a double escrow. I am fine with him seeing my fee as long as the seller doesn't see my fee. Is there any way I can work this out?
Post: Seller has signed deed but not under title, what can I do
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Originally posted by @Christopher Phillips:
It comes down to timing. He can try and make a claim for it right now because the deed hasn't been recorded. The soon she has the deeded recorded the easier the situation.
Okay thanks, this helps a lot.
Post: Seller has signed deed but not under title, what can I do
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Originally posted by @Christopher Phillips:
Assuming no will, or what is called intestate, the son might be next in line considering the husband and wife were divorced at the time.
If she still has the deed, she should be able to record it. There technically isn't a a statue of limitations on recording a deed.
Okay great. Thanks for the information. If I were to go through with this transaction and everything goes in the wife's favor, will the son have any say or leverage on his end in regards to the paperwork?
Post: SOCAL FIX N FLIPPERS MANUFACTURED HOME ON OWN LOT
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
I HAVE A FIXER UPPER MANUFACTURED HOME ON OWN LAND!!!! LOCATED IN RIVERSIDE COUNTY IN THE CITY OF HEMET! ITS IN A COMMUNITY AND THE LOT SIZE IS 6,970SQFT.
SERIOUS CASH BUYERS ONLY!!!! IF YOU THINK THIS PROPERTY IS FOR YOU, CONTACT ME AT:
(951)344-0054
CONTACT ME IF YOU WANT TO BE ON MY BUYERS LIST. I GET A LOT OF SFR AND MOBILE HOME ON PRIVATE LAND UNDER CONTRACT, EMAIL ME YOUR CRITERIA AND BUDGET SO I CAN SEND YOU PROPERTIES ACCORDINGLY!
LIKE I SAID SERIOUS CASH BUYERS ONLY! CONTACT ME IF YOU WANT TO SEE PHOTOS AND A BIT MORE INFORMATION THANK YOU!!
Post: Seller has signed deed but not under title, what can I do
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Originally posted by @Christopher Phillips:
This can be simple or complicated. The seller needs to speak with a lawyer.
California is a community property state. So, all property acquired during the marriage is owned equally by both spouses. Even if it was on an LLC - as long as the LLC was created during the marriage, it's community property.
On the other topic, most states don't recognize ownership if the deed is never recorded. It might not be needed if this is community property.
However...
If the property was acquired before the marriage then it's separate property.
If the property was acquired before the marriage, what happens now depends on if there is a will or not or if someone else can try to lay claim to it like an ex-wife or another potential heir.
It gets more complicated if there was a partner involved in the property since it's an investment rental. So the partner would maintain their share and the widow would only be able to lay claim to her portion, assuming other heirs aren't involved.
Thanks for the response, so the first statement will be invalid in this situation, he bought it when they were divorced, got back together and signed the deed over to her, but she did mention other heirs in the family, and I believe the property would be passed down to the son. If so the son would be willing to work it out, according to her. If her ex husband has brothers or sisters that are alive, it could be passed down to them, correct? Also I have a title company helping me out with this, if there are any other suggestions you got, please post it, thank you!
Post: Seller has signed deed but not under title, what can I do
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Hello I have a seller that has a signed deed to a property, but never made it official because it is in a bad neighborhood, and she was afraid that if anything happened to the tenant, that she can possibly get sued and lose her house in LA, where she was currently residing. She said DiTech has not been helpful at all, she is currently still making payments to the house, but she wants to get rid of it. Does she have any type of leverage in her situation? I mean, she has the deed signed off to her from her husband that has passed away, that should mean something..
Post: OFF MARKET - SOCAL RIVERSIDE COUNTY FIXER UPPER MFH ON OWN LAND!!
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Post: OFF MARKET - SOCAL RIVERSIDE COUNTY FIXER UPPER MFH ON OWN LAND!!
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Hello BP members,
I got a property under contract in the City of Winchester located in Riverside County. It is sitting on its own private land(8,700 soft). ARV $245k-$260k. The mobile home itself is has some new sub flooring, new copper piping, and etc, so if you were to keep the mobile home on it, it will cost anywhere from $15k-$20k repairs. It is a 1972, but if not the mobile home, the land holds the value!!!!
I have pictures, if interested email me/call/text me.
Let me know if you guys are interested.
[email protected]
(951)344-0054
Post: ***OFF MARKET*** SOCAL RIVERSIDE COUNTY CANYON LAKE FIXER UPPER
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
Yeah email me
Post: ***OFF MARKET*** SOCAL RIVERSIDE COUNTY CANYON LAKE FIXER UPPER
- Wholesaler
- Menifee, CA
- Posts 42
- Votes 3
HELLO I GOT A HIGH END FIXER UPPER PROPERTY UNDER CONTRACT ARV: $950K-1.1M DEPENDING ON REHAB. SERIOUS CASH BUYERS ONLY! NEEDS MAJOR REPAIRS.
TEXT OR EMAIL ME FOR DETAILS