7 October 2020 | 3 replies
Typically, a title company is used to:Search title history to uncover any claims or liens on the property, or a potential cloud on the title.Hold onto earnest money or other monies involved if a broker is not doing so.Provide title insurance to protect the new owner (you).Closing, final signatures and ensuring paperwork is in order.If you do not use a title company then you will need to take care of these items yourself, unless you are using a quitclaim deed or warranty deed, I would highly recommend it.
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12 October 2020 | 6 replies
Once you start fixing things, you have a greater chance of uncovering more hidden repairs that have to get done.
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2 December 2020 | 23 replies
Our economic diversity, attraction of new residents (Hello, Californians) and favored-status with expanding companies are all contributing to a strong economy and an even stronger housing market.This is no fun for real estate investors trying to uncover bargains, but investors are buying properties here every day to build their buy and hold portfolios.
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30 November 2020 | 4 replies
I had a similar deal I uncovered last year where the owner had a first mortgage of 55K on a 70K house with a lot of back taxes and extensive repairs.
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14 January 2021 | 19 replies
I wanted to make people aware of an issue I recently uncovered with the Facebook Group : Real Estate Investors | YellowBird Connect.
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7 December 2020 | 7 replies
You should be doing your own underwriting and verifying your own estimates: call utilities for any owner paid utilities, full review of structural items, recalculating your own taxes and financing expenses.The only thing I can see a review of financials being useful for is to potentially uncover Capex items you need to budget for.
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11 December 2020 | 15 replies
You will uncover the right area and property with first hands experience walking the properties and neighborhoods.In my short experience, the great thing about house hacking is yes - the money you are saving and getting into a great property.
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18 May 2020 | 12 replies
This policy will provide coverage for uncovered contractors IF they don't have their own work comp policy.
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27 May 2020 | 1 reply
Even title will likely not uncover any zoning related issues.
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3 June 2020 | 39 replies
You submit low offers to uncover if there's motivation to sell fast at a discount.