Jarrod Pettit
What does it take to attract private investors now?
29 March 2020 | 29 replies
You never know who cashed out at the right time, had some type of cash settlement just come in, or is willing to take a loss in the market to not have to potentially ride out further loses.The issue I am seeing is not necessarily the capital not being available, but the uncertainty in real estate right now.
Tyler Smith
BRRRR question (Fannie Mae guideline?)
16 April 2020 | 8 replies
You can't get both, the quick refi AND the full amount after you have already purchased.there are ways to get the quick refi and the full amount, but you have to pay for the rehab on the settlement statement at the time of closing.
Le Trinh
Go after seller for wrong disclosure?
13 April 2020 | 13 replies
Did you receive a disclosure document as part of your offer/settlement?
Justin Kanipe
Anyone currently buying rentals in this market?
27 December 2020 | 37 replies
@Justin Kanipe settlement on the first rental today.
John McLaughlin
Preliminary Title Search for REO Purchase
12 April 2020 | 11 replies
Originally posted by @John McLaughlin:Peter, thanks for the distinction between title commitment vs. title search.Do you have any idea on the average cost of a title commitment (which I imagine include a title search).Thanks.Generally the cost of the commitment is part of the settlement costs but if you ask for a commitment to be issued before you have the property under contract there may be an upfront charge.
Greg Todrank
Variable Closing Costs
19 April 2020 | 3 replies
Yes closing costs are very much dependent on the price of a property aldo the time line for taxes .... that is where in the tax cycle are you buying....ie.... school taxes just out....your settlement will be higher.... school taxes at the last of the cycle your settlement will be lower.
Alexis Terry
How to find phone numbers of rental owners
15 April 2020 | 4 replies
@Alexis Terry. white pages.com. tax records. public settlement filings. linked in. online pay services. google name search (name+state) about 60% of the time you get employers name, then you call office main number and ask for the person you want)
Diane G.
Does IRS really go back 25 years
27 March 2020 | 9 replies
So settlement sheets, rehab, and any improvements for cost basis.
Michael Delmont
Lawyer Gave Away Money at Closing
24 March 2020 | 3 replies
I don't make any changes to the settlement statement without reviewing and getting authorization from the client.
Lydia DeAngelo
Lender Verbiage Legitimate?
27 March 2020 | 2 replies
We will send you a statement within 7 working days after we receive your request.6.2 Full Early SettlementIf you want to pay off the entire loan early, you must request a settlement quotation from us.