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29 November 2013 | 3 replies
If you get copies fire marshall's and insurance adjustors reports, they will be helpful, but I would recommend hiring a contractor, your building inspector and a structural engineer to walk through the property and assess the fire-damage and estimate the effort to address it.
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18 December 2013 | 19 replies
They didn't make much progress Friday afternoon or a few hours on Sunday.
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1 December 2013 | 7 replies
This passes the 50% rule (before renovation) even if i put down 3.5% and owner occupy (which I'm considering)One negative factor is that even though it's listed at 180k, it's tax assessed over $400k (meaning 6k in taxes!).
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2 December 2013 | 8 replies
Because of the high assessed/implied value of the land I would be tempted to be a little more creative.
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6 December 2013 | 10 replies
The standard contract we use in Florida has very specific languages on who's to pay for what...CLOSING COSTS; TITLE INSURANCE; SURVEY; HOME WARRANTY; SPECIAL ASSESSMENTS:105* (a) COSTS TO BE PAID BY SELLER:Documentary stamp taxes and surtax on deed, if anyHOA/Condominium Association estoppel feesOwner’s Policy and Charges (if Paragraph 9(c)(i) is checked)Recording and other fees needed to cure titleTitle search charges (if Paragraph 9(c)(iii) is checked)Seller’s attorneys’ feesOther:106 If, prior to Closing, Seller is unable to meet the AS IS Maintenance Requirement as required by Paragraph 11107 a sum equal to 125% of estimated cost to meet the AS IS Maintenance Requirement shall be escrowed at108 Closing.
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5 November 2014 | 13 replies
ARV approx 40k, assessed at 54k which is pretty average for this part of Wisconsin.
3 December 2013 | 2 replies
Hello, guys and gals I need a recomendation.Currently have a build in progress and the contractor is stuck on deadlines and pouring a basement and garage floor tomorrow even with the extreme cold temperatures in forecast.
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5 February 2014 | 6 replies
The only thing I know, is that through some real estate training I went through, the creator of that system said he pays $5 per lead to bird dogs which includes: -Property Address -General assessment of the property condition -At least 6 pictures of the exterior He also said if the bird dog also includes the name of the owner, their address, and phone number(via a property records search through the county) that he pays them $10 per lead.
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8 December 2013 | 9 replies
I am in the Dallas area too, look forward to seeing your progress on BP.