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10 January 2025 | 8 replies
It sounds like the Title Co. was not aware that the tenant prepaid rent and just prorated the current rent for the month of closing, so agree if they had no knowledge of it, would not have ever gone on the settlement statement as a credit to the buyer and they likely will not do anything post closing to help obtain those funds.
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2 January 2025 | 1 reply
I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vacant property, or have a tenant)The buyer would then take over the mortgage payments, and have the seller sign the deed over to the buyer.
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17 January 2025 | 37 replies
A Real Estate agent made an offer for his client and BlueGate was who wrote the approval letter for the Buyer.
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8 January 2025 | 5 replies
I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!
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7 January 2025 | 7 replies
That makes sense from a buyer and renters perspective.
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10 January 2025 | 12 replies
most realtors deal with primary / retail buyers and sellers and they too aren't going to just walk properties for you.
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7 January 2025 | 6 replies
It is slowly rotting and needs significant repairs to get it prepared to sell to a typical home buyer for a primary residence.
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6 January 2025 | 5 replies
I know this seems low, but the way I see it, this is how much the buyer would potentially walk away with if they posted it on the market and minus all the fees and concessions so I am getting them to that number with none of the hassle and removing the issue of a looming foreclosure.
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5 January 2025 | 1 reply
I think it would give it a little bump in value but it all depends on the buyer.
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6 January 2025 | 5 replies
The problem I ran into was that most buyers that wanted to do it, couldn't bridge the equity gap and the sellers needed the equity to go buy the next one.