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25 April 2024 | 3 replies
Open escrow with homeowner, end-buyer, and self; self transfers contract to purchase to end-buyer in Title/Escrow, and provides T/E with end-buyer's contract with self: agreement to purchase, and fee instructions for self ($10k + difference if any) to be paid out of closing escrow5.
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25 April 2024 | 4 replies
His half is owned in a trust and he will be taking title of the condo in the same trust.
25 April 2024 | 3 replies
You would be on the new mortgage and title, your dad would no longer have ownership.
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25 April 2024 | 2 replies
Once the title is clear of those pesky old liens, you'll be good to go.This is not legal advice, so speak with your attorney for actual procedural issues.Keep investing and moving forward!
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23 April 2024 | 0 replies
Hi all,Sold a vacation home in Florida, and as a non-US resident, 15% of sales proceeds were withheld by title company for FIRPTA.
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26 April 2024 | 18 replies
As a buyer and you use a hard money loan to purchase and rehab a home the lender should issue a 1098 just as any other mortgage lender holding claim to the title correct?
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25 April 2024 | 2 replies
I was also informed that she has equitable title towards the selling of the house.
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24 April 2024 | 0 replies
Prior, I contacted the title company (chosen by PSO) in the property listing and they were willing to send me the same documents Auction.com will be sending me concerning wiring the deposit.
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23 April 2024 | 2 replies
@Shiloh LundahlTheoretically assuming properties were identical in every sense yes because I don’t need cash flow and would rather have the extra $100k in equity.Now $600/mo could get you another $100k mortgage to get you another property that could potentially also cash flow but for me personally I am in equity play mode now income mode - just my personal choice but nothing wrong with the other scenario
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24 April 2024 | 15 replies
The Disney market is mature with a lot of developments of identical houses.