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3 March 2016 | 5 replies
You can, however, determine a price at which to list your home for sale by comparing your home to those in the area that have sold and those currently listed for sale.An example of things to look for would be as following...MARKET SALES ANALYSIS (COMPARABLES) SUBJECT PROPERTY ADDRESS ROOMS BDRMS BATHS GAR AGE STYLE SQ FT CONSTRUCTION FLOORS REMARKS PROPERTIES ON MARKET ADDRESS ROOMS BDRMS BATHS GAR AGE STYLE SQ FT CONSTRUCTION FLOORS LIST PRICE DAYS ON MARKET REMARKS PROPERTIES SOLD ADDRESS ROOMS BDRMS BATHS GAR AGE STYLE SQ FT CONSTRUCTION FLOORS LIST PRICE DAYS ON MARKET SALE DATE SALE PRICE PROPERTIES EXPIRED/CANCELLED/RE-LISTED ADDRESS ROOMS BDRMS BATHS GAR AGE STYLE SQ FT CONSTRUCTION FLOORS LIST PRICE DAYS ON MARKET REMARKS Recommended Price Range $ COMMENTS: Avg. of Sold Properties $ Avg. of Properties on Mkt. $ Avg. of Properties Expired/Cancelled $
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5 March 2016 | 6 replies
I reached out to someone today who sent me a letter and he would like to buy it subject to.There is a loan of $185,000 on the property in my personal name with Wells Fargo.Total rents are $3,010 a month and the mortgage payment, including mortgage interest, taxes and insurance is slightly over $1,800.He proposed paying me $10,000, taking care of my listing agent and paying all transfer taxes.We would transfer the deed into a trust that he is the trustee of, sign an agreement that if he missed three payments the property would come back to me and an agreement for him to sell or refinance within 5 years.The guy was calling from addicted2realestate.comAssuming I couldn't net more than that by keeping it listed, where is the risk and downside to me?
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4 March 2016 | 6 replies
Should I look into seller financing and subject-to, is it a good idea for a starter?
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5 March 2016 | 9 replies
I learned that Real Estate is a Relationship business.Consider other avenues, for example Subject 2 and Lease options.
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4 March 2016 | 2 replies
Have them to confirm rent rates near the subject.
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4 March 2016 | 3 replies
I frequently see BP posters asking if their rate is high or what they should be paying for this type of property.
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9 March 2016 | 2 replies
Hi guys, I am new to BP (my apologies if there is a better forum to post my subject).
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5 March 2016 | 19 replies
We don't prioritize these faux deals over real deals, of course, so it takes two weeks from when my little "I need this and that paperwork" list is fully 100% complete without any omissions.They can still house hunt using standard contingencies during that period, naturally.I generally don't bring it up unless it's requested (typically by the realtor) because people get pissed about the additional paperwork I ask for that includes why this or that credit inquiry 4 months ago happened, etc.A concern, and something I've noticed come up more and more frequently lately, is lenders pretending it only takes 3 days to get through that 123 Main St underwrite and letting folks go in with no loan contingency because they THINK that they are credit/income/asset approved and have been lied to.
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3 March 2016 | 1 reply
The database will not have "flips" as a subject property but you could word search using "updated, fully remodeled, completely redone" etc.
29 September 2020 | 3 replies
Try reserching either "Lease Options" or "Subject To" deals.