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31 January 2025 | 7 replies
If you have a loan, you may wish to look into due-on-transfer clauses.
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21 January 2025 | 3 replies
Invest in as long as it takes you to write a check, do a wire transfer, or even an online bill pay4.
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24 January 2025 | 3 replies
They collect EMD from multiple potential buyers - then transferred the EMD into an interpleader accounts in hopes of absconding with all the EMD.
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20 February 2025 | 51 replies
Transfer of the Property or a Beneficial Interest in Borrower.
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27 January 2025 | 1 reply
Sellers should want a sentence in which the tenant confirms their security deposit will be transferred to the buyer, and the tenant will release the seller from liability for any deposit refund after the sale.
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22 January 2025 | 5 replies
.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
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24 January 2025 | 0 replies
.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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23 January 2025 | 31 replies
This appears to be a 'transfer tax' instead of an income tax.
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28 January 2025 | 11 replies
It still seems confusing.Where do I get an purchase agreement, how do I transfer into the investors name, do I put down earnest money???
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22 January 2025 | 13 replies
I’ve talked to a number of investors and they can’t get 10% down on owner finance transactions were the deed transfers at closing.I operate in 4 or 5 markets.