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15 October 2019 | 0 replies
The business development manager (BDM) I am working with is the intermediary between me (the business I am a member and manager of) and the underwriter/underwriting team.A few of the communications from my BDM have seemed a bit fuzzy (not clear).
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7 October 2019 | 7 replies
Unless you are doing a direct exchange (pretty rare these days) you will need to be working with a qualified intermediary PRIOR to closing on the sale of your property.
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19 October 2019 | 10 replies
@Tammy Skeath you should not but check with your 1031 intermediary
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24 March 2021 | 18 replies
In fact, many 1031 providers are set up as national intermediaries.
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11 November 2019 | 9 replies
You don’t need an attorney for the 1031 part, necessarily, but you do need a Qualified Intermediary to conduct the exchange.
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6 November 2019 | 4 replies
Get the team in place for the refinance before closing the bridge, though, to make sure you color within the lines to qualify for the best refinance.I can recommend some good SBA lenders and intermediaries.
15 November 2019 | 11 replies
In the first two the seller retains title but either completes the improvements themselves or allows you to do it while under lease.In the case of the reverse exchange the Qualified intermediary takes title to the new property while it is improved.
11 November 2019 | 3 replies
Additionally, if you get under contract, just make sure you use a qualified intermediary to handle the money after closing; loan payments & pay the bills (property taxes, etc.) and make certain your closing agent, or real estate attorney files the transaction properly with the county of record (all protection for you and your deal).
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14 November 2019 | 2 replies
Does anyone have a recommendation for a qualified intermediary for a 1031 exchange in the Nashville area?
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14 November 2019 | 48 replies
To act as a middleman, or intermediary, that is to not take title to a property but earn a fee on turnover, is actually BROKERING.Further, the term real estate BROKER is technically incorrect.