21 March 2015 | 1 reply
Comps in the area are going for about $245-$280/sqft depending on condition.Now heres the problem, we just did a home inspection and found out there is only 60AMP service w/ knob and tube wiring..siding has dry rotted and the windows need replacing.A minor foundation settlement crack. 5 Year old roof.
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23 March 2015 | 7 replies
The taxes will be paid at closing from his proceeds, if he is providing a General Warranty Deed, he has no choice, the settlement agent will pay them and give him what is left over. :)
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25 March 2015 | 14 replies
Inform your lender that the title company will take care of everything and that they may call her.They can generate the note and deed of trust common for your area, they have an attorney in house or on retainer and they will tell you what the charge will be, probably $100 or so for the note.Your lender needs to provide certified funds to the closing company ahead of settlement, they can tell you when they need good funds.Sit back, wait, go to closing, the title company will take care of documents, disclosures required and filings.I also suggest a loan servicing company, search the benefits here on BP for my posts concerning "Loan Servicing".
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23 March 2015 | 1 reply
This alone saved me thousands.I have a home inspection set up for the end of the week and settlement is scheduled for April 17th.
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25 March 2015 | 29 replies
Make sure that the person isn't actually knee deep in an open house or on the way to a settlement when you call.
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31 August 2015 | 46 replies
In NJ the Title company researches the title and an Attorney or Title Company can be the settlement agent.
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1 April 2015 | 2 replies
Even though it is not real estate related, it IS SDIRA related.I am almost done with figuring out my divorce settlement and wrap things up soon.
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7 April 2015 | 5 replies
Instead of waiting for the derogatory account to drop off you record (7years) you pay a settlement to have the record deleted. http://www.biggerpockets.com/forums/311/topics/183...Hope that helpsAdam
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10 April 2015 | 11 replies
I would have to think the simplest way of doing is saying I will pay x amount cash upon settlement of a house referred as a referral fee.
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9 April 2015 | 7 replies
You could sell it traditionally and pay the back taxes and liens at settlement.