
6 June 2024 | 2 replies
This can result in a home thatās only superficially ready for market, with long-term durability concerns.To mitigate these risks, potential buyers should:Hire a Professional Inspector: Get a thorough home inspection from a reputable inspector who can identify potential issues.- Check Permits and Codes:Verify that all renovations were done with proper permits and comply with local building codes.- Research the Flipper:Look into the history of the flipper or the company that did the renovations to assess their reputation and track record.Be Skeptical of the Cosmetic: Look beyond the surface-level improvements to understand the true condition of the home.Taking these steps can help ensure that you are making a well-informed decision and investing in a quality home.

7 June 2024 | 15 replies
A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, itās a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.

7 June 2024 | 21 replies
Think about going to see there officeĀ most lenders do the appraisal and when its done they charge you .. they dont have you send the money up front.. but maybe some do.but worse case scenario if they don't fund your only out 950.00 but many do this and also have non refundable EM thinking the deal is going to close and they lose that as well. that's why reputable lenders are very important to keep you from losing 1 to 5k on a fake lender or moreĀ and again I have no clue about this company.. just say inĀ how the fake lenders operate and what your risks areĀ
5 June 2024 | 20 replies
They will probably not cover redoing the poor workmanship but there may be some coverage for the ensuing damage (garage light repair).Ā Ā
7 June 2024 | 4 replies
The contractors work damages the rest of the structure.Ā

6 June 2024 | 4 replies
Tenant is claiming that Washington State law says I cannot keep it unless it is for damages.

7 June 2024 | 2 replies
The issue I have and seen being thru several hurricanes in Florida is that once a hurricane passed and there is damage, most contractor's raise their fees as well as materials.

6 June 2024 | 7 replies
Sometime after the inspection a water leak coming from the neighbors home caused damages to the property.

6 June 2024 | 4 replies
Recently had roof damage on LTR.

7 June 2024 | 10 replies
What happens when they damage something?