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23 May 2024 | 1 reply
These sellers typically want a fast sale to move on with their lives and avoid ongoing conflicts.Relocating SellersPeople who need to relocate for a new job, military deployment, or other personal reasons often seek a quick sale to avoid the burden of managing a long-distance property.Inherited PropertiesHeirs who inherit a property they don't want to maintain or manage may be eager to sell quickly.
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23 May 2024 | 3 replies
I was not required to have any seasoning period on property I inherited in k on late 2021.
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23 May 2024 | 3 replies
The problem is that the house is vacant for the first time is years because it wasn’t listed properly by the owner that inherited it.
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23 May 2024 | 7 replies
The lower interest rate inherited from the assumed loan and the rental income from your initial property can be instrumental in financing your next real estate move.
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22 May 2024 | 4 replies
The house was an inheritance from a trust so not a sale and not on good terms with the other parties.
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19 May 2024 | 1 reply
I inherited properties in SC that I am trying to stabilize.
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22 May 2024 | 13 replies
At the time of my inheritance I was renting a place in Maryland which was my home state.
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22 May 2024 | 6 replies
To elaborate, there are statutes and administrative regulations (found in Fannie/Freddie guidelines) that provide a laundry list of exemptions from them calling the loan due to a transfer in title (EG divorce, death, inheritance, asset protection/estate planning).It sounds like they misunderstood your question as you asking that you wanted to transfer the loan, which you've obviously clarified on here.
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22 May 2024 | 5 replies
I inherited tenants on a yearly lease who always paid on time and keep their apartment spotless.
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22 May 2024 | 6 replies
There are some states (like NH) with some unique issues as well about the step up in basis of the underlying asses - where you could end up inheriting their state tax liability.