Stephen Brown
Timeline to Closing - when are things due
13 March 2019 | 8 replies
@Stephen Brown ,Typically, the PSA will spell out the most critical dates and then it is up to you to put them on your calendar or use an internal tracking system.Typically Timeline from my experience:Signed PSA = Open EscrowInitial Deposit = Due within 3-5 Business Days after Escrow Opens (subject to negotiation)Seller to delivery DD Items = Due within 5 Business Days after Escrow OpensPreliminary Title Report = Due within 5 Business Days after Escrow Opens and then you can negotiate how many days you have to object to any findings.Due Diligence = Due within 30 Days; Can be negotiable2nd Deposit Due = Upon removing DD ContingencyAppraisal = 45 Days after Escrow opensLoan = 60 Days after Escrow OpensClose Escrow = 60 DaysExtensions = To be exercised 15-30 days in advance of initial closing date (to be negotiated)I recommend you create a calendar, or use Folio as a Gmail add-in to keep track of your timelines.The main issue is that each deal has it's own timeline and you must be flexible in negotiations.
Enrique Jevons
Goal Tracking Phone App for Real Estate
8 November 2018 | 0 replies
I have used a Fitbit for 2 years now and it has worked fabulously for motivating me to exercise more.
Taylor Jones
How to pay $0 in taxes on a STR generating over $120K in revenue
14 December 2022 | 37 replies
. • Bonus depreciation is not a “one price fits all” exercise (the price may vary by asset)• Active or passive involvement is not a joke to the IRS (and you need to TRACK this, not just claim it).• Depreciation recapture is real.
Jacqueline Peterson
Learning Real Estate Development AND have a Mentor
3 May 2017 | 0 replies
You probably have heard that proper physical exercise increases your chances for good health.
Dianna Ivanov
Mahwah Investment property 2022
2 March 2022 | 0 replies
The Walkout Basement is fully finished w lg Exercise Room,Full Bath, utility room, and Extra large storage area.
Dave McEvoy
Pay attorney if deal falls apart?
12 January 2017 | 7 replies
@Dave McEvoy The attorney will still get paid, he/she spent the time drafting the contract and if you back out it was your option to do so, not the attorney’s option that they exercised.
Nick Ambrosino
Rehabbing and appreciation
1 September 2021 | 5 replies
You should be able to find some historic data on appreciation rates for the Greenpoint area to support your estimated appreciation on a pro forma basis.As a side note...estimating appreciation is a great exercise, but there is much more to consider on an an asset and project of this type.
Jojo Banks
Earnest money held hostage - please help...
19 October 2022 | 7 replies
PROFESSIONAL INSPECTIONS AND INSPECTION NOTICES: Buyer may conduct at Buyer’s expense (unless payment for such expense is otherwise required by governmental regulation) any or all of the following inspections of the Real Estate by one or more licensed or certified inspection services: home, radon, environmental, lead-based paint, lead-based paint hazards or wood-destroying insect infestation, or any other inspections desired by Buyer in the exercise of reasonable due diligence.
Nicholas Kuton
Multi Family Houston
24 March 2017 | 9 replies
Instead, you can go on the internet and learn about effective exercise, buy a few workout tools, and do it right in your own home.
Account Closed
Is there such thing as too low of an offer?
14 October 2016 | 19 replies
After I exercised my option a few months later and sold the house to another person, I told my mentor all about the deal.