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25 October 2024 | 0 replies
With the median time to contract stretching from 21 to 32 days, it’s about playing the long game.
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25 October 2024 | 0 replies
Sure, the median time to contract jumped from 21 to 35 days, but with 95% of the original list price still being met, realistic pricing and a great presentation can seal the deal.Townhomes & Condos: Options Galore and Room to NegotiateTownhome and condo sales saw a 17.8% dip, and cash purchases dropped by 8.1%, showing a bit of a shift in the buyer pool.
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25 October 2024 | 66 replies
Mine were: 216 Earl Street, Daytona Beach, FL, purchase price $325,000 and $289,0001189 Jimmy Ann Drive, Daytona Beach, FL purchase price $89,000 and $135,000There were 4 contracts, two for each address with the different prices, had the seller's name and his name as the buyer.
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25 October 2024 | 4 replies
In my experience, wholesalers ask what type of properties folks are looking for, then they go out and find and get them under contract.
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24 October 2024 | 13 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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18 October 2024 | 13 replies
DISCLAIMER: I am not an attorney and this is not legal advice!
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24 October 2024 | 7 replies
., I definitely agree with the accounting piece, what are you thought on the legalities side of this.
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25 October 2024 | 13 replies
I will also PM you, Allen, regarding the legal recourse question.
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23 October 2024 | 8 replies
Sometimes a direct conversation can clarify things.Consider Legal Action: Since the note is in default and you’re well into the second year, you may want to consult with a real estate attorney.
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25 October 2024 | 3 replies
But, a non-favorable catch is the requirement that Hometap becomes your financial power of attorney over the asset, in the event of default or a breach of contract where they can transfer the deed of your home, and or sell your property without your approval(cost, fees, time)Below is a situation I'm trying to evaluate.