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6 June 2019 | 12 replies
Here is a checklist of items you should consider leading up to Closing Day:Contact settlement agent and lender to ensure closing is still on schedule (1 to 2 weeks out)Review preliminary closing settlement statements (1 to 2 days out)Arrange money transfer (1 to 2 days out)Sign closing documentsChange locks & make copiesPlace keys & lockbox at property for ContractorsProject StartupAt this point, hopefully you spent the Closing Period getting ready for your project, and you have your Contractors selected, lined-out and scheduled to start work on Day-1.
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6 June 2019 | 3 replies
@Ryan Wamsat, To defer all tax you must purchase at least as much as your net sale (the contract price minus closing costs/commissions/things on the settlement statement).
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17 June 2019 | 3 replies
Seller fully renovated entire property from top to bottom and we just went to settlement on it this past week.
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13 June 2019 | 4 replies
The title company is planning to collect an escrow from the seller but recommended pausing the settlement until the computer systems are back up.
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14 June 2019 | 24 replies
I am also waiting on a settlement that will recover my investment plus more but no definite date it is coming.
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13 June 2019 | 4 replies
--------------------------------------------------------NOTICE TO PURCHASER OF RIGHT TO OBTAINOWNER'S TITLE INSURANCE POLICYIn connection with the settlement of a real estate transaction involving a Purchase Money Mortgage or Deed of Trust on property located in MD, NOTICE is hereby given in compliance with Md.
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16 June 2019 | 10 replies
Some if you go for garnishment they just go work for cash under the table somewhere or keep switching jobs to work a little at a time and when garnishment hits goes somewhere else.Typically the flow once you have a judgement is a legal letter from an attorney that might get them to take action to do a settlement.
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15 June 2019 | 4 replies
Hey BP,I'm going to be submitting my first offer very soon and was wondering what type of conditions, settlement period, financing, inspections etc. is recommended for this situation.The home is a fixer upper in need of quite a bit of work but it looks to be structurally sound.
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16 June 2019 | 5 replies
@Kirk FrickeyI’ve done some estate settlement in a previous career.
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17 October 2019 | 5 replies
Creative financing should up you grown your base of cash flow and equity.Try delayed settlement, with right of possession, subject to mortgagelease optionmanagement with optionwrapssubject toco-sign with owners for equity position - split proceeds and control the deedControl and Roll using auctionsyou know you don't need to buy real estate to profit from it. try to do your investing without going to a lender (to be intimidated and rejected), most lenders are not investor friendly - do your deals with out them!