
23 October 2022 | 10 replies
The next best person to ask questions is your loan officer to explain what's going on.Generally you should complete your final walk through with the builder, make sure all your punch list items (often small defects, paint damages etc) have been completed.
27 October 2022 | 7 replies
STRUCTURE DEFECTS, BIG TICKET ITEMS LIKE BOLIER, ROOF, WINDOWS ETC...For those numbers on the DNC list in PropStream, what happens if I call them?

15 February 2022 | 12 replies
I think if you do some good due diligence on the condition (no major defects and/or deferred maintenance items) and look into the market including what the property can pull as far as rents go, you should be fine.

2 March 2022 | 9 replies
Could be the other has a tenant who has lived there a very long time, an older or lazier owner, the property has deferred maintenance or defects that prevent the potential cash flow and other factors.

1 March 2022 | 11 replies
The home is in the State of NJ, and since this was a known material defect, as a realtor, I believe she was required to disclose this.

8 May 2022 | 0 replies
Panyrok Group, Inc. released yesterday by the Appellate Division re-stating that landlord’s have a duty to conduct reasonable inspections to discover defective conditions (including to business invitees on the premises), however noting that liability would require constructive or actual knowledge of the defect.

18 May 2022 | 6 replies
This is another perfect example of why investors who flip should stay away from properties with major defects like flood plains, major streets, next to commercial, railroad tracks, air port flight paths, etc.

20 May 2022 | 11 replies
First, I exhausted conventional lending first (no W2 income; great tax returns from asset sales in 2020, but nothing of note in 2021)Second, the property is nested in held by an LLC owned by an IDGT (intentionally defective grantor trust)Update: Received another offer for 6% 30 YR 75% LTV (5,4,3,2,1 prepay penality) with 3.75pts to close (buying down the rate)

9 June 2022 | 4 replies
You could read the contract and see if there's anything in there about a title defect.

10 June 2022 | 0 replies
I had all the defects repaired in a year and brought the landscape and lawn back a little more each year I was there.