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4 March 2020 | 4 replies
Originally posted by @Brie Schmidt:@Sharukh Ahsan - About 5 days and we closed 10 days after the original closingThe thing is that the owners transferred the title to their living trust before the Lis Pendens.The Lis Pendens was served to both the owner and the living trust, however the foreclosure judgement only named the owners and not the living trust.So technically the living trust still has ownership on the title as the foreclosure judgement omitted it.My lawyer said Wells Fargo may need to do a strict foreclosure on the living trust to clear the title unless they can provide some sort of documentation the trust was included.By the way the owners names are on the living trust, if that matters.
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5 March 2020 | 28 replies
That's why my recommendation to use TSP here, which is not the safest cleaner out there, always stands to get rid of nicotine residue.TSP also does something else: at high concentrations and when it's had a chance to soak, it significantly softens latex paint, primer, and all sorts of binders.
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1 March 2020 | 2 replies
If the two agents worked for the same broker, they could partner up and work with you and setup some sort of split commission internally with their share broker
2 March 2020 | 5 replies
I do these all of the time- if this is a rental, middle class sort of area; paint the cabinets, new hardware, new lighting, new appliances, resurface the counters and new flooring and all of the sudden it will look like a million bucks.
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21 May 2021 | 20 replies
It is crazy as it may seem like you are getting 100% leverage (you sort of are), but in the bank's mind you are putting a down payment into the property so you can get a loan.
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3 March 2020 | 2 replies
Got a crazy story out of it though… through some sort of miscommunication, the roofing sub-contractor replaced the roof on the wrong house!
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2 March 2020 | 7 replies
@Dion DePaoli and @Lisa EckmanAll good points... yes I figured there would be some sort of cancellation of debt income same as a short sale.I will look into refinancing, however I currently have close to the 10 fannie/freddie loan limit.
10 March 2020 | 12 replies
Once you're in a deal you must be willing to REALLY roll with the punches and have a few deals not go as planned and in order to not pull your hair out you've got to be willing to trust a provider if they've proven that they know what they're doing.
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3 March 2020 | 3 replies
@Julio Reynel . it doesn't matter where the "broker" Is to sort you our with a loan.there are possibly few options but the mains ones are as follow:1.