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20 July 2024 | 6 replies
Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC
19 July 2024 | 4 replies
From the lenders point of view, they want to see that you have "skin in the game" that way if you do run into any complications, you'd be more motivated to address them as you are invested financially in the project yourself.Regarding the tenants, I'm a bit less experienced in that regard.
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22 July 2024 | 82 replies
It actually sounds like they were trying to address how a recent wave of inexperienced investors are trying to do novations.
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22 July 2024 | 34 replies
A short sale doesn't address his problems.
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19 July 2024 | 19 replies
The stench of his drug addiction bleeding into other units should be addressed immediately.
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19 July 2024 | 6 replies
If it's a simple email list software to collect email addresses and send emails and automated campaigns to that list, and to manage that list of emails, something like convertkit.com or aweber are great for that.
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19 July 2024 | 17 replies
You should first contact the title insurance company to file a claim, as they should address any issues missed during the closing process.
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18 July 2024 | 2 replies
Need to check on the status now.Small claim court should be a good place to address the issue too. check the max amount small claim court is working with.
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19 July 2024 | 8 replies
Tenant Contact Information: current phone number and email address are needed to be able to communicate with tenants.4.
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15 July 2024 | 5 replies
The site asked for a physical address to do business within Michigan.