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11 April 2024 | 4 replies
If you put yourself on title, then the County will reassess the value of the home and you will pay more in property taxes.
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11 April 2024 | 5 replies
Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low.
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11 April 2024 | 1 reply
Will Title & Escrow help facilitate the transaction?
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11 April 2024 | 9 replies
Most lenders will require 3-6 months title seasoning on a cash out refi with a DSCR loan.
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14 April 2024 | 885 replies
Maybe title companies will start accepting CC and we can just buy up $10k houses by the handful.I really do with those the best of luck who are trying this method.
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9 April 2024 | 4 replies
I am negotiating with the bank on a short sale and they will not let me use our own title company....Has anyone worked with Golden Eagle Title before in Cleveland Ohio?
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11 April 2024 | 2 replies
Judging by the many recent posts on this forum, my title should attract a wide audience :)Is April 15th the last day to file my taxes?
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10 April 2024 | 1 reply
I have an opportunity to take over mortgage payments from a seller for their remaining mortgage where I would be on title, but not the loan.
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11 April 2024 | 8 replies
If you can retire the title and have it then be considered real estate it should have significant value.
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11 April 2024 | 4 replies
If you are in a condo building look at Section 718.110(13), Florida Statutes, provides as follows: “An amendment prohibiting unit owners from renting their units or altering the duration of the rental term or specifying or limiting the number of times unit owners are entitled to rent their units during a specified period applies only to unit owners who consent to the amendment and unit owners who acquire title to their units after the effective date of that amendment.”