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14 January 2025 | 1 reply
My name is still the only name on the mortgage and title.
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11 January 2025 | 1 reply
Always ask your agent to ask the listing agent which title company/closing attorney that they are working with.
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10 February 2025 | 31 replies
I will then make the offer It will get accepted, I will get a contract, one page AS IS, It will go to title, they will send me the HUD, we close about 10 days or less.
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12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
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9 January 2025 | 4 replies
@Matthew Cook I would NOT pay for the renovations unless I was on title or had a very formal contract written about the split of profits.
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12 January 2025 | 13 replies
Transferring a property title later could be deemed a taxable gift if it exceeds the annual exclusion ($17,000 for 2024).
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10 January 2025 | 5 replies
Escrow and title alone are $3500?
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22 January 2025 | 12 replies
I did not read anything other than your title and my answer was YES.
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8 January 2025 | 13 replies
From my research, it seems that the best way is to ensure the end buyer's funds are at title in escrow (with the clear to close) before you approve the release of your funds.
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16 January 2025 | 9 replies
They’re a fantastic way to connect with local investors who can share their experiences and recommend trusted professionals they work with.You’ll likely meet key members of your team at these events, including insurance agents, title companies, lenders, realtors, and even wholesalers.