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17 April 2024 | 3 replies
She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.
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20 April 2024 | 100 replies
And it is for this reason why a good REI Buyers Agent is worth our weight in gold, literally, because we make sense and order out of the chaos.
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17 April 2024 | 17 replies
I quickly observed the tenant had a dog, a roommate, and an Olympic weight set - none of which was allowed per the lease.
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15 April 2024 | 1 reply
Listing inventory looks to have a trend that is counter to most other markets in Massachusetts; usually inventory increases in the Summer and lessens in the Winter!
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16 April 2024 | 7 replies
If the garage is not built to support the weight of additional floors or is not adequately reinforced, it may not be suitable for conversion.Insulation: Another important consideration is insulation.
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13 April 2024 | 1 reply
The market has lessened a little on the multi in my area, but I think there is a ton of potential in this property.
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13 April 2024 | 3 replies
An appraiser would give weight to a new roof and panel, insurance will be lower for a buyer and they would pay more knowing it has those items and they don’t have to do them.
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12 April 2024 | 2 replies
Bottomline is having a good talk with all parties openly discussing how to handle this in a way all parties can be happy and lessen surprises.Hope it turns into a wonderful opportunity to get better acquainted with your in-laws.
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12 April 2024 | 13 replies
Since these reviews are on google's own product, they weight these reviews higher than reviews on site.
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11 April 2024 | 10 replies
The word "and" is carrying a lot more weight in this definition than they want to acknowledge.