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26 March 2015 | 6 replies
hello to everyone. i have a question regarding a closing that is taking far too long. i have a flip house here in western new york. i finished it and put it up for sale in late august 2014. signed a sales contract with the buyer on november 11th. since then, he, the buyer, has given me a long list of repairs he wanted done on the place, which i did, including replacing the roof, myself, in the middle of december. now, since the repairs have been completed, i thought the closing would take place, as scheduled, on january 5, 2015. that date is written right in the contract. since then, he has " waffled" around with his VA loan, switched to a different bank and type of loan, and, as you can imagine, postponed the closing multiple times. i have heard from my agent and attorney on rare occassions that they need " this" or " that" from me. the latest thing they wanted from me was a letter indicating when the roof was completed. they already know this. i re-read my contract. i have what i believe are numerous reasons to cancel the sale. every week i hear " it should happen next week." i have been hearing that since mid january and here it is late march. also, within the contract, i have found a clause that allows me to demand a closing within 7 days of any notice i give them. should i contact their attorney and envolk the 7 day closing or notify them of my intent to cancel the sale effective immediately if we do not get a closing soon?
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20 February 2015 | 13 replies
We have started to check orders to make sure they are not intentionally signing a lease.
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17 February 2015 | 12 replies
The manner in which they disclosed their patient status may be a really strong indicator, in regards to what kind of risk they are and what their intentions are.
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4 December 2013 | 30 replies
But if that's your intention look to the future.
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8 December 2013 | 2 replies
I guess the big question is is it possible to get a loan for less than 20% on a second property with the intentions of flipping?
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22 December 2014 | 4 replies
Also, try to think about user intent, "We buy houses (city)" may make sense to you but someone looking to sell their home may not even think of that.
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15 March 2017 | 52 replies
Par loans sales will tend to have upfront points on the closing statement which is how that lender will earn money for originating with an intent to sell.
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19 May 2015 | 13 replies
I believe that the lawmakers, while well intentioned, did not take this into consideration when expanding the privacy laws.
29 August 2015 | 43 replies
If you are going to be an investor and/or work with investors, you need to learn how to think like one.It isn't my intent to come across as a jerk.
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2 July 2015 | 3 replies
One I fondly remember was - after putting out post-it notes on doors in a the Phoenix market (using a contractor) - we got a call from a woman that was SCREAMING at us (voicemail) and saying that she now felt that we were stalking her, maybe watching her, wanting her house when she had NO INTENTION of selling it and, now she felt she could no longer stay there, she had called the police to report us, etc.