At this point, we were literally scared and feared that if ABC Baltimore refused to buy back the house and then we would have to go through a long and expensive legal process.

Overall, the setup and funding process was extremely straight-forward and the customer service was great.  

He doesn't really seem to know the process for investment properties.

While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.

Is there any way I can speed up the process of selling the land?

Purchase price: $255,000 Cash invested: $75,000 Sale price: $415,000 Getting a little more comfortable with our processes

Clients deserve to know the truth upfront, even if it’s not what they want to hear, because that honesty saves them time and builds confidence in the process.

You take a short class 30 minutes over the phone and once you finish this process you typically can save around 1% off your rate!

I'm in the process of having the Field Investigation done to determine my discount.

You may end up needing to go through the whole foreclosure process which can take a lot of time and cost a lot of money, and you may end up getting the property back in much worse condition than when you sold it, potentially with a squatter in it and months of lost rent, and in a worst case scenario you will be in a much worse position than if you had just sold it outright.