21 October 2024 | 1 reply
These fees include charges for appraisals, inspections, title insurance, legal fees, lender fees, and various additional fees.Here is a list of some of the fees you can expect to pay in addition to the money upfront when investing in real estate:Loan origination fee: This is the lender’s fee for processing the loan application.
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15 October 2024 | 7 replies
If they pass they can view and submit an application.
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23 October 2024 | 28 replies
Quote from @John Underwood: First thing to do is check with the city or county to make sure the ADU would be permitted to be a STR.The municipality has an application process but initial indication is that it's not overly restrictive in the area I'm looking at.
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18 October 2024 | 7 replies
I find that when I allow pets, I get more and higher quality applicants who earn more, have better credit, and have fewer background problems.
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15 October 2024 | 5 replies
All that said I think $30 is probably industry standard so I haven't had too many applicants complain.
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16 October 2024 | 1 reply
This family of three finds that they never hear back from the larger rental agencies even after paying for an application.
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17 October 2024 | 16 replies
I always make it a point to be upfront with my clients about potential fees from some of the lenders I work with, like application fees, appraisal costs, and others.
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19 October 2024 | 25 replies
That local government is who submits as "sponsor" for proposed applications.
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16 October 2024 | 8 replies
@Annette Eck I’d send a complaint to the real estate board and the agent’s broker, especially if you have video proof that the agent is giving lockbox code to applicants, not present with them.
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18 October 2024 | 7 replies
Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.