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28 March 2024 | 6 replies
Let's also say that the property is occupied by a tenant who will be vacating in 30 days and I'm willing to leave it vacant for up to 120 days as needed to complete the assumption process.
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30 March 2024 | 6 replies
My assumption is if 2nd floor patio door has overhang coverage, that’s a hard/steep angle of direct rain intrusion above the sliding door.
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30 March 2024 | 25 replies
They often make worst-case assumptions, which can lead to always seeing the worst-case scenario and missing out on good opportunities.
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29 March 2024 | 4 replies
@Hans Baum Seller can potentially lose that portion entirely if new buyer goes into foreclosure or short sale, so most who will even consider an assumption usually require a buyer who can go through proper VA assumption process and substitute their entitlement.
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29 March 2024 | 6 replies
I personally don't like this transaction, but everyone has a different risk tolerance. if you can aggressively raise rents and the market appreciates you are fine.For your assumptions the red flags that I'm seeing:0% vacancy should be higher unless your a PM and are experienced, even still.0% for management fees, are you a property manager?
30 March 2024 | 17 replies
Landlords may be looking at totally different market rates as the market will bear, administrators here are looking at thousands of inspected and qualified units which may give a different inventory assumption.
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29 March 2024 | 12 replies
For illustration purposes if there's a block of identical homes of the same vintage and one was just renovated and you intend on renovating the same vintage home to the same specs (and was of same pre-renovation condition), you can make reasonable assumptions.
28 March 2024 | 5 replies
Some agents include the assumption option in public or private remarks.I also use property radar to search loan info on local properties.Do you have a VA loan entitlement available and gap funds ?
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1 April 2024 | 67 replies
I am currently researching and putting together some assumptions and trying to keep it on the conservative side and not base it on some of the inflated numbers that are published.
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28 March 2024 | 2 replies
I will need to read up on Montana law for this, but my assumption is I don't need to give 30-days notice if the tenant breeched the contract making it void due to their breaking the agreement by interfering with the quiet enjoyment of neighboring tenants/ property owners.