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22 August 2007 | 15 replies
With a dawning of a new era in many respects, I'd be curious how other forum members intend to meet the challenges ahead with respect to property scouting.
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7 January 2008 | 19 replies
the challenge seems to be in finding an escrow/title company that will allow the "double escrow" to be done.....for example: there is an escrow open that is required by the lender once the "approval" from the lender is secured....then there needs to be another escrow opened between the "buyer" and the "end-buyer" on the same property....so, "end buyer" comes into escrow with the $300K plus closing costs, closes existing escrow on the property...then the title/escrow officer walks into the next room and applies the $250K plus closing costs to the original escrow to close that one.in theory and once in the past this was the way it was and still should be...but, now as it seems, most escrow/title companies are not wanting to do the "double" escrow for reasons of "full disclosure" to all parties, for fear of not being "sued" for some type of fraud.those of us not engaging in these tactics get penalized.....but, such is life....i have a title company that has stated they will do a "double" escrow but, will need to let the lender know this fact. not disclose the "amount" the "end-buyer" is paying, merely disclose there is a 'double" escrow in effect....well, obviously this should kill the deal right at the very end....so, not a wise direction to take....
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26 May 2008 | 3 replies
As you have a letter you can also challenge the item on your credit report if it somehow still exists.
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23 September 2007 | 11 replies
If I choose to do a simultaneous close with the end buyer being an 'Average Joe' consumer, what are some unforeseen challenges that need to be taken into consideration?
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24 August 2007 | 11 replies
Just my opinion....The lack of information on many of the posts and profiles of any forum can discourage others from engaging in any type of serious conversation.RE_Jokester_01 want's to know about a $100MM loan but doesn't provide his/her real name, an email, and at least a vague geographical location; how serious could they be?
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29 August 2007 | 17 replies
You behave this way because You Don't Respect Professional Real Estate Agents/Brokers.Would you engage 2 lawyers for a lawsuit to see who can get you the highest settlement, knowing that one won't be paid?
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9 October 2008 | 3 replies
There are challenges to being a Seller Finance Consultant to Sellers but it can be done well.
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27 September 2007 | 1 reply
That, my friend, is among the most difficult challenges I have faced in real estate.
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15 January 2008 | 32 replies
As a Partner in the GC-GOLD Construction Lending consortium with primary markets extending from the Mid-Atlantic States, the S.E. and selected S.W. markets I have to say that we have seen NO reduction in requests for const-to-perm financing from those who want to engage in the construction of a CUSTOM-built home as a primary residence or a 2nd/vacation home when completed.From that perspective alone...
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7 September 2007 | 7 replies
Less reason to come to the site and engage there.