All Forum Posts by: Sharon Porter

I have a question regarding a property that the state took over and is selling. Does any have any experience with that. The family still live in the property and is not responding. What are the pro and con in investing in such property. What is to be expected once I purchase the property? This property is in Western Mass. It is a one two family and a single in back. The man dies and left no will and the state took charge of it because of Masshealth bill.

Thanks for the information. The comps the appraiser use was the lowest comp to come up with the value.

I am trying to refi my property so I could purchase another one so I was wondering if any is having the same problem with low value. The appraiser in the area is taking the lowest property to do comparison. Let me know if anyone is having that problem. I have search for the appraiser but could not find in the Ma Register for Appraisers. Please let me know. Zillow and Redfin estimate the price a lot higher plus homes in the area is selling for a lot more.

I am thinking of working with Aloha Capital. Has anyone worked with them?

Thanks

Sharon

Need advice on this issue. I have a tenant that I use to keep the yard clean and take out the trash. I take some money off the rent. Do you think that this is a good idea. The reason for my concern. This is a 2 family and the tenant on the second floor is having problems using the yard because my first floor tenant thinks the property belong to him. What advise would be best. They don't get along. Different age group people and different background.

God works in mysterious ways. The Lord just worked everything out for that lady. It worked in your favor. That's great.

ok Thanks for your explanation.

I have done the same thing but I spoke with my credit card company to lower the payment and they gave me a 2.5% rate and put it up for 60 months. So when I have the money. I can always paid it off. So it free up some of my money on the 2 family that I have. My credit card payment was cut in half. So you can try to do the same to see if that will work for you.