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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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27 August 2007 | 4 replies
Your position is pretty unique for the group.
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1 March 2008 | 10 replies
Then you want to pick up on what is unique about their experience, the key things that made a difference in their business, what organizations, people, books or other things they have found are great sources or groups to join.Like dating.
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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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5 September 2007 | 3 replies
I like going FSBO as I've often had "unique" houses that many agents would try to market just like any other house.
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8 November 2007 | 15 replies
I have seen my website traffic increase, but it is still only a couple dozen "unique" visitors per day with 0 usable leads.
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19 September 2007 | 8 replies
If they purchase a property that they intend to use as their primary residence then their exchange would be disqualified if challenged.