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16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
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19 January 2025 | 47 replies
And as you say it's an UNKNOWN amount, because it's a %.
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15 January 2025 | 8 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
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16 January 2025 | 3 replies
If you have not already purchased this policy, I would look for a policy that provided a stated amount deductible for wind/hail vs. a % deductible.
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18 January 2025 | 16 replies
However, we have a higher end market so it always struck me as strange that we'd only provide such a small amount since it doesn't cost that much more to provide more.
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16 January 2025 | 20 replies
I was preapproved with that amount before, but it was for a single family, primary residence about six months ago.
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21 January 2025 | 20 replies
The buyer representation agreement states that the buyer commission amount offered by the seller (usually 2% to 3%) is credited/refunded to the buyer.
22 January 2025 | 14 replies
They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.
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25 January 2025 | 29 replies
As far as its value, I'd agree with @Ian McDonald that it is something you could build yourself with the right amount of excel expertise and plenty of time.
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17 January 2025 | 3 replies
We have tiered returns based on investment amount and time in the deal.