Stan Jackson
Homeowner Forecloses on Wells Fargo!!!
11 February 2012 | 7 replies
The increase is not what I would consider an atypical scenario, either.
Matt Duffey
Why does Fannie Mae insist on making improvements?
2 October 2012 | 3 replies
Fannie Mae is refusing to consider an offer in 'as-is' and is adamant about making repairs before listing it.
Kareem Lyons
Is FHA Offer's Real That Bad ?
20 May 2018 | 13 replies
I would consider an FHA over conventional if it had an appraisal gap and they offered to pay for any FHA required inspection items.
Joseph Perriello
Accountant Questions
14 June 2013 | 6 replies
A Realtor themselves may consider an LLC; however, they could not elect to be taxed as a C-corp or an S-corp as they are not brokers. their income is self employment income and all subject to SE tax.
Lois Johnson
What is simultaneous close? Is my role in the process legal?
8 November 2014 | 4 replies
A simultaneous close is when you buy at one closing (A to B) and sell in another closing (B to C) on the same day and use the funds from B to C to fund the A to B and keep the rest.It's perfectly legal, but most title companies will require that you disclose that you are using "pass-through funding" to resell the property and the seller (A) will have to sign-off on the transactionIts used mostly when you don't want to disclose to A and C how much you are making in the transaction, but because it requires 2 transactions, it is a bit more costly than an assignment.You may consider an assignment if you are OK with either A or C knowing how much you are making.
Nadav Akselrad
Property Insurance Prices
15 February 2017 | 5 replies
Coverage for detatched Structures may be needed if you have any outbuildingsOptional Property coverages that you may need are: Water Backup & Ordinance & LawFor Liability coverage, buy the most the company offers ($500,000 or $1,000,000) and consider an Umbrella policy to give additional coverage if the Liability coverage of the primary policy is exhausted.There will be other coverages that you should get depending on the properties, location, etc. and a good agent can discuss those with you
Eric Fitzgerald
How Do You Manage Your Money?
14 May 2019 | 94 replies
Then consider an anti-budget, a term that I believe Paula Pant of the Afford Anything blog and podcast coined.
Daniel Kent
Luxury Apartment Complexes affect on Single Family Rentals
15 August 2018 | 6 replies
Having a substantially greater housing supply would in theory lower market rents in the area, but there will still always be folks who'd never consider an apartment over a SFH.
Rudy Centeno
How to work with realtors?
4 November 2009 | 35 replies
As someone here on BP said once if you find a good Realtor consider an informal marriage - they are that rare.Not saying you can't find them but don't be afraid to play the field to find the one to marry.Plus pay them - pay them well and often and don't ask for deals.
Rick Cardenas
EMD for REO's
8 October 2009 | 28 replies
Are banks really going to consider an offer that is really low, (investor price low) even with a large emd, and maybe cash payment, when they can get a much higher price?