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17 December 2024 | 14 replies
Regular Inspections: Conduct frequent site visits to monitor progress and ensure quality standards are met.
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9 December 2024 | 20 replies
You see a lot of terminations after home inspections because they are terrified about repairs and basically expect an almost perfect inspection report (on a 60-100 year old home..), easily get cold feet, battle financing issues or sometimes just ghost you at closing.Selling a home to a tenant is probably the better path (lease option), but you really have to work with them every month and coach them to get them ready to buy the home, otherwise, 70% will not execute.
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11 December 2024 | 4 replies
Keep in mind that these homes are sold "as-is," so a thorough inspection is crucial to identify any potential issues that could affect your renovation budget and timeline.Special Requirements:Freddie Mac has a "First Look Initiative," which gives owner-occupant buyers an exclusive opportunity to purchase homes before investors can submit offers.
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8 December 2024 | 6 replies
Then you should be able to narrow it down to a closer date afterwards.
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11 December 2024 | 1 reply
Check on ownership status before you get into escrow.Get multiple inspections to be able to really determine the extent of repairs.Try to align yourself with the best contractors, had good referrals, but somehow nobody stood behind their warranties.Have a good lawyer and local accounting firm.Talk to locals to see how things are done and what's happening around you.Have patience!
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11 December 2024 | 6 replies
It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!
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6 December 2024 | 10 replies
Yes, since the property was under contract before you backed out due to inspection results, the inspection fee can typically be treated as a capital loss.
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14 December 2024 | 36 replies
-Obtaining disclosures/reports: I have never had trouble getting copies of disclosures and inspections, agents/sellers will just send it to me when I ask.
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19 December 2024 | 82 replies
Now we've had quite the bull run and I expect equities to return closer to 12%.
8 December 2024 | 2 replies
Lauderdale, FL• North Palm Beach, FL• Plantation, FL• Pompano Beach, FLThese acquisitions were done creatively, assuming the existing loans via subject-to deals without inspections.