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15 January 2025 | 6 replies
So, things change a bit.If it is his personal home, there are more restrictions.For an investment property, if you take over his financing, read through the deed of trust (mortgage) and see how they handle transfer of ownership.
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13 January 2025 | 9 replies
.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
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29 January 2025 | 21 replies
., the result is that we aren’t challenged when we need to take ownership if the borrower can’t perform.
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23 January 2025 | 5 replies
Through this trust, a Mexican bank holds the title to the property on your behalf, while you retain all ownership rights.
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5 February 2025 | 6 replies
Hey Folks!Looking at a property that would be a somewhat turnkey STR, it has great numbers and occupancy rates. Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligi...
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7 January 2025 | 5 replies
You have three choices...transfer the property and keep the loan in tact hoping they won't trigger due on sale, refinance into a loan that allows it, or simply leave things as they are.
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1 February 2025 | 0 replies
Hey everyone! I’m looking for insights on which states allow you to list a property on the MLS as soon as you have it under contract—but before actually owning it.
I know that some states have strict regulations arou...
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7 January 2025 | 3 replies
If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.
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6 February 2025 | 16 replies
Assuming you go the HELOC route, another option to reduce your costs assuming you have decent credit is to look at credit card balance transfer promotions.Back in 2003-2004 I had HELOCs on my investment properties and interest rates were increasing.
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4 February 2025 | 17 replies
As far as bank is concerned, I am still the borrower, because we did this transfer behind the bank's back.