All Forum Posts by: Marshae H.

Oh wow you guys, thanks for the feedback, @Karin Crompton I am doing wholesaling, I thought I mentioned it, but did not, my apologies. I'm going to be working in Bridgeport for starters, once I understand the closing and develop my marketing plan. I'll reach out to investors in the area today to get more information concerning the lawyer.

@D'Mark Poole I plan on attending a few, so thanks for reconfirming that I need to do that. Yall are beyond awesome!

Ok, after I sign with the seller and go to the agency to check the property, Ill ask then. thanks a million @J Scott 

@Rod Haugabrooks thanks, def taking your advice and asking on this website. @J Scott you just opened the door for more questions, I hope you don't mind, on the contract that I have between myself and the buyer, there is a place where the date goes for the day of settlement, how would I know what to put there? This is the example on my contract:

Closing will take place on or before _______________. Time being of the essence, at a time and place designated by Buyer. Buyer shall choose the escrow, title and/or closing agent.

Do I estimate this? 

@Rod Haugabrooks how do you find an investor friendly title company by the way? Do I use google or do I call the court house, tax accessor, or is there another method?

Thanks

Thanks, @J Scott  so how many days do I allow for so that the buyer can wire the money? What's general practice once the buyer has given me a deposit and signed the contract?

Newbie here, trying to get this closing process down. Where do you meet to do a closing, is it at the title agency, a courthouse that all 3 parties meet? What exactly do the title person do at the closing? What exactly take place from time of arrival until the money has been collect? How do I, as well as the seller of the house get paid, is it like, the owner hands me the cash, I take my cut and then give the seller their cut?

Can someone please paint this picture.

Thanks

Thank you all so much, I'm definitely enjoying the support and love that is being poured out on my first day here, you all are awesome! 

Going to read the article now @J Scott . I'm thinking about getting licensed but if I do, I'm thinking I will get my feet wet with a few deals with wholesaling before I do it. 

Major thanks to @John Moore he just taught me everything I needed to know regarding determining AVR, im super excited. Now back to my studies!

@Christopher Hunter  how much do the agents usually charge for comps? 

@Paul Sorgi what's the difference, because those are the exact same items I look at to determine the value at the house? I'm a bit confused. 

When determine house value should I look at houses that have not been sold recently and for AVR's should I look at houses that have been sold recently? Please advise.