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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
My credit has already been damaged and they said that will remain on my record for 7years.
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21 December 2007 | 5 replies
They may get really cheap when the casino smoking ban goes into effect on Jan 1, 2008.Jon
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20 August 2007 | 12 replies
We get to feel the smelly effects of an ignored septic by walking around the exterior of the SFR.
22 August 2007 | 19 replies
John:Money-back guarantees are used so regularly and so extensively that they generally are not as effective as advertisers generally wish.
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7 September 2007 | 7 replies
Maybe I am too fearful but I don't see anybody on these boards talking about the credit crunch much and how it will effect their ability to resell the homes they are trying to SS.Or else, you somehow think these lenders in trouble are going to help us SS investors get more deals approved.
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22 October 2007 | 9 replies
Is this where the term assignment of contract comes into effect when birddogging legally without a liscense???
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2 September 2007 | 5 replies
New hardware on kitchen and bathroom cabinets is also cost effective and looks great.
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29 August 2007 | 17 replies
And when people like Carlton S. teaches you to screw around with someones negotiated "work" contract, and you do it, that proves that you certainly fall within that description.This type of tactic almost never works to reduce the agents commission, but it can put a strain on the relationship between the agent and their client, potentially ending what could have been a long-term business relationship.Beachbum,YOU CAN MAKE MONEY IN THIS BUSINESS WITHOUT ATTEMPTING TO DO DAMAGE TO THOSE THAT YOU DO BUSINESS WITH.
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25 August 2007 | 16 replies
This doesn't mean we've hit bottom - the credit crunch wasn't in effect in July.On the other hand (and yes, I'm a positive thinker to a fault - I drive some of my colleagues crazy), I look at it this way: If foreclosures and home prices continue to get worse (and that may well happen), people are still going to need a place to live.