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All Forum Posts by: Autavea Dabney

Autavea Dabney has started 7 posts and replied 35 times.

Post: assigning a contract

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0
Originally posted by "Mini Mouse":
The SELLER can pay out their proceeds to anyone they choose. It has nothing to do with the BUYER or their lender. In fact, it isn't a document required by lending, because it is the seller issuing instructions for their money's disbursal at closing. If the seller wants $20k to go to his grandmother he can have an escrow demand payable through escrow to her.

This depends on the lender. I have had lenders turn a deal down because of the SELLER paying a third party. They want to know why the 3rd party is being paid. They also have an issue with how much the 3rd party is being paid. Again, it depends on the lender.

Post: Option Contracts and title seasoning issues

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

Are any of you professionals having issues with lenders requiring the seller to be on title for a minimum amount of time as a requirement for them to fund for the Buyer?

Post: We Have a 100% Refihase Loan Stated with 620 Credit Score

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

What states and how quickly can you get it done? Do you have no seasoning refis?

Post: Assignments

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

I have heard a lot on the board about putting properties under contracts and then assigning them. I have run into issues with assignments because lenders not wanting to do them as well as lawyers for closings. Is anyone else having the same issue with their assignments?

Post: Where can I get software to generate TREC contracts?

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

Acrobat 8 Professional will allow you to write in any PDF file. It is awesome! They offer a 30 day free trial; check it out! http://www.adobe.com/downloads

Post: Any lenders out there to help this nice person?

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

The Nehemiah Program will give down payment assistance of 6%. The only qualification is the lender will allow down payment assistance. There is no max amount for your loan. www.nehemiahcorp.org, check it out!

Post: PDF file to internet?

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

Have you tried calling Adobe customer service?

Post: Need an Investor friendly title co in Scottsdale, AZ

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

Can anyone recommend a company?

Post: Cash Closing

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

...you still sign a thousand documents. :lol:

Post: Another state?

Autavea DabneyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 118
  • Votes 0

I have properties in a different state than I live. I use a property manager. Actually, I have never physically seen my properties. I look at pictures and decide from that. Once its bought, the property manager handles all of my rehab, getting tenant, collecting rent, etc. It works great for me! The key is I trust the propery manager.