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30 April 2024 | 4 replies
They are transferring all my documents over to the new lender, but I have to submit an application all over again.
29 April 2024 | 3 replies
BC has a transfer tax and is very tenant friendly with caps on rent increases (during rent renewals, not when new tenants move in).
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29 April 2024 | 5 replies
@Yadira ValeraIf you transfer property but mortgage stays in your name it still shows on creditIf loan is in the LLC, you may have to personally guarantee it so you would be required to list it as a debt on any new applicationsJust a fyi
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29 April 2024 | 6 replies
Would the previous owner’s Lead safe test will transfer or if I’d have to get a new one?
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29 April 2024 | 168 replies
Are GA tax deeds transferable to third parties during the one-year redeemable period?
28 April 2024 | 4 replies
The seller may be offering to sell the property on a contract for deed, rather than a transfer of deed.
29 April 2024 | 7 replies
.: Subject To and Wraps are very similar and yet, very different.Subject To & Wraps share these characteristics You are taking over payment of the mortgage and transferring the property into your name You become the owner The loan does not get paid off The lender can and sometimes will call the Due on Sale You have to have money or credit to solve a Due on Sale call They are used when someone doesn’t have much equity and doesn’t want to pay a real estate agent They are used when the seller wants to sell fast They are used when the property isn’t really a good candidate for the MLS because of the condition of the property They are used when It’s a unique property and it’s hard to find comps They are used when it’s a distressed situation that needs to be resolved They are used when the monthly payment is below market rate (that means it cash flows) They are used when the seller wants to avoid the hassles of listingSubject To & Wraps Differences In a Subject To, NO new mortgage is created.
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29 April 2024 | 4 replies
I believe that it has to be OO for 12 months, barring extraordinary circumstances, like getting transferred out of the area for work.FHA has a whole department dedicated to "occupancy fraud" and given that it's a felony, I'd steer very clear from it.
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29 April 2024 | 4 replies
If you just got this card it probably has a teaser rate now, but you need to be able to do a balance transfer once it runs out if you haven't paid it all off.
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29 April 2024 | 32 replies
Unless otherwise stated herein, the earnest money shall be retained in the broker’s trust account until after title transfer at which time it shall be applied against any compensation due the broker.