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31 January 2022 | 0 replies
Hey Guys,I have a question regarding the best methodology of transferring a property for my situation.I am in California state.
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1 February 2022 | 7 replies
The lease transfers with the sale of the property, therefore, the tenant is allowed to remain in the unit until their lease expires.
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1 February 2022 | 1 reply
Many pushing land trusts went further, incorrectly claiming that utilizing a land trust for ownership of a property would not trigger the due on sale clause in mortgage notes if the land trust itself was transferred (sold), and therefore mortgage assumptions and subject to sales wouldn’t have the threat of mortgage note acceleration hanging over the transaction.
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2 February 2022 | 8 replies
Then there is resale costs which would be agent commissions, transfer taxes, recording fees, escrow fees, title fees, misc. fees.
1 February 2022 | 0 replies
Hello friendsI work in the Orlando areaWhat title company do you suggest that is both easy to communicate with and not difficult to transfer money?
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2 February 2022 | 4 replies
I've looked, but am not really finding answers - do we need to transfer this to our LLC in order to exchange it for a property that will have a commercial loan on it?
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9 February 2022 | 2 replies
Financially this benefits me in the long run (since she will be transferring me equity in an appreciating asset that she will pay the mortgage on) and she gets to age in place within her fixed income.
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2 February 2022 | 4 replies
Unless . . . you have signed a contract with a tenant (a lease agreement) or a property manager (property management agreement) which transfers the responsibility to the other party.
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3 February 2022 | 27 replies
I think you should speak with an attorney because I think there is a period before the auction where the person being foreclosed on cannot sell or transfer the house.
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2 February 2022 | 0 replies
The deal was closed on January 11th and rental operations have been seamlessly transferred.