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11 July 2015 | 30 replies
Kaiser paid the Radvicks $500 and the Radvicks agreed to enter into a purchase and sale agreement and execute a quit claim deed to Kaiser.
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31 March 2011 | 4 replies
I know the rule stating"Re-sales occuring 90 days or less following acquisition: If the re-sale date is 90 days or less following the date of acquisition by the seller, the property is not eligible for a mortgage to be insured by FHA." [24 C.F.R § 203.37a Sale of Property]I am wondering if we can put the house for sale/ negotiate a contract without executing a purchase agreement and put let the buyer move in under the terms of a 3-5 month lease and security deposit with a higher rent that would be credited toward the purchase price.
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1 April 2011 | 9 replies
Include an option period in the contract so that you can back out at any time within X days of execution of the contract (the amount of time you think you need to find a buyer) and include in the contract an option fee that is not so high that you are going to take a big hit if you can't find a buyer and not so low that you are wasting the seller's time.
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15 April 2011 | 43 replies
The problem with 200 units is you have to hire more staff and then your goal turns into 250 units to pay for the extra person.
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13 April 2011 | 15 replies
If anyone can gain points by voting on bulletins then it takes away from the "honor" of having them and having been recognized.Kinda like telling our military that the flag will be flown at half staff. not that big of a deal anymore.
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18 April 2011 | 14 replies
The socialists in government decide to over ride the free market by use of judicial rulings, executive rulings and Presidential bullying.
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14 April 2011 | 1 reply
mod=ITP_moneyandinvesting_0From the article:The report shows how on Dec. 14, 2006, executives gathered in a conference room adjoining the office of Goldman Chief Financial Officer David Viniar.
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4 March 2012 | 32 replies
So, what you do here is: you go to the sheriff sale or deed sales auction conducted by the county and you sale your deed to another investor that is going now after paying you for it execute the foreclosure process to really get the property finally.
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17 April 2011 | 6 replies
My question involves the monthly rent credit.Monthly rent = $575Rent credit = $150Total monthly payment = $725Agreed sales price = $62000Initial option = $1500When it comes time to execute the option, I know the credits can help lower the sales price, but can I used the credits as a downpayment for the buyer when they get their own loan?
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13 April 2011 | 0 replies
Hello, I am helping a home owner execute a short sale.