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2 May 2024 | 6 replies
Be suspicious of these red flags: any last minute changes just before closing, anything sent via email, anyone insisting on using their own title company or notary, any title company or notary that your closer/agent hasn't used before.
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8 May 2024 | 112 replies
Flag on the play.
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2 May 2024 | 1 reply
Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.
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3 May 2024 | 25 replies
Going by the zestimate is a red flag.
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2 May 2024 | 9 replies
The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.
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1 May 2024 | 3 replies
The investor seems genuine and I could not find any major red flags about him online.
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1 May 2024 | 8 replies
We advise landlords to require two main criteria:1) Household income should be at least 40x the monthly rent.2) Applicants must have a credit score of 680 or higher.It's also important to review credit reports for red flags like rental collections or high credit card balances.
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30 April 2024 | 5 replies
Flag poles, playgrounds, cabanas, paved streets, street lamps, RV parking, large entrance signs, swimming pools, etc- all good stuff.
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30 April 2024 | 7 replies
It will also not raise any red flags to the underwriters that you might end up doing a bunch of work to the subject property which can be seen as added risk for them. 3.
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30 April 2024 | 14 replies
That's a red flag for someone trying to use a business-purpose loan for owner occupancy, so many lenders won't allow it.