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2 April 2024 | 1 reply
The offer has been accepted and now I am wondering if that is appropriate verbiage for holding title in the solo 401k.
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4 April 2024 | 3 replies
I'll just add on to make sure the land you buy doesn't have any fatal flaws before you close on it, i.e. make sure there are no weird things on title, i.e. easements, encroachments, and that all the utilities that you need are there, and it has legal access, etc.
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3 April 2024 | 5 replies
You would place the title to the purchased property in the LLC after closing (One way to do it).
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4 April 2024 | 19 replies
Meanwhile I originated a refinance loan in July of 2023 on a nearly identically built housing product and the rate was 6.66%.
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4 April 2024 | 7 replies
But sellers typically prefer not to retain the buyer's contact information to facilitate a clean transition to the next transaction and avoid potential financial entanglements, It's essential for buyers to recognize that the original owner could reclaim ownership if the property was purchased from a title sale auction, with specific state regulations, such as a 2-year reclamation period in New York, Despite these factors, owner financing can benefit buyers by fostering a sense of connection with the seller.
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4 April 2024 | 5 replies
There are also additional costs to be mindful of when transferring title into an LLC even if your lender is accepting such as your case.
3 April 2024 | 4 replies
i am looking into going into a trustee sale on deed of trust for $300,000 by evergreen "second lien holder" but after getting a title report i see there are a Subordination agreement between CTBC "first lien holder" and evergreen.
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2 April 2024 | 7 replies
This is a smaller, local bank but otherwise all other aspects are almost identical to the larger bank.
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4 April 2024 | 5 replies
Some of the other people I would want on my team are contractors, insurance advisors, bankers, loan officers, asset protection attorney, business structure attorney, home inspectors, a closing attorney, and title company.