Greg Boone
Personal property left in shed after I purchased house
28 May 2024 | 3 replies
I then also viewed the property 3 more times, the final time was 30 minutes prior to settlement and the Shed and it's contents were still at the property.A day after closing, a neighbor came to my door while working on the house and claims that the previous owner (prior the the house flipper I purchased the property from) had promised them the mower, bicycles and lawn chairs that are inside of my shed.
Sean Haran
Inspection report shows significant foundation issues, worth it to look into fixing?
25 May 2024 | 7 replies
I’m a first-time investor and I’m investing out of state… don’t want to get dragged into rebuilding the whole house lol.These were the actual words from the inspection: “I observed cracks throughout the foundation and leaning/settlement at the east and north structural wall of the house foundation.
Allen Bannister
5% conventional house hack advice needed
24 May 2024 | 15 replies
Mainly, because structural issues can be a complete black hole of money, time, effort--and it can be very difficult (and costly) to anticipate just how much money, time, and effort they'll consume.First, you'll need to figure out what's causing the structural issues--it could be settlement at the footers caused by ground water, it could be wood rot or termites in a beam, it could be masonry degradation caused by water coming off the roof, it could be improper drainage of the roof, it could be tree roots degrading the foundation, it could be a plumber who cut out a critical joist to install a line 20 years ago, it could be improper construction, it could be any or all of those things, and it could be any number of other potential causes.
Dennis O'Loughlin
Sales prices seem to be dropping
24 May 2024 | 12 replies
But due to the above factors- we're still in a hot and heavy seller's market, with no real relief in sight for buyers (add to that, with the new Burnett / National of Realtors settlement, they will be squeezed even further, having to also potentially shell out their Buyer's agent fees, which, traditionally, have been added into the seller's listing price before listing to provide to the Buyer's agent).
Ruth Lyons
Inspectors killed my deal -- 3 times, Any advice?
23 May 2024 | 52 replies
Another cheap piece of mind for the newer buyer in the market who has been an apartment dweller their whole lives is to off to buy a 1-3 year Home warranty for them at settlement.
Carl Gryska
Reverse Mortgage Short Sale
19 May 2024 | 11 replies
The lender really needs only an MLS listing, copy of contract, proof of ability to close, and an estimated settlement sheet.
Joseph Schommer
Marijuana grow in SF rental garage
19 May 2024 | 14 replies
It ended well for me...I got a big insurance settlement, then sold the burned out hull of a house meeting 326% overall...
Christian Perez
Looking for a wholesale friendly Title Company
17 May 2024 | 8 replies
Closeline Settlements.
James Bakun
How does a foreign seller get their 15% FIRPTA withholding back?
17 May 2024 | 3 replies
It's all going to depend on the IRS being willing to accept the addition of cash to the settlement statement to equate a replacement of the FIRPTA withholding.
Sam Green
Self Storage
20 May 2024 | 121 replies
Been listed for sale at least 3 months.I don't have comps anywhere near me but I found a similar facility for sale in West Virginia with crappy visibility and settlement issues for $4928 per unit--all unrented.