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2 June 2024 | 3 replies
@Jim Doyle- thanks 1) consider increasing the purchase price by the amount of the elec and roof work that needs to be done and then assist seller with getting the work scheduled and completed ( as this will be required to be donw before closing ) ..this way the seller is technically paying for the repairs and they wont lose any proceeds ....they will pay a little extra wa state sale excise tax but that wont amount to too much 2) consider putting less down and using some of your funds to pay for the repairs ( or part of the repairs ) 3) consider using a rehab loan 4) consider keeping the price where it is and asking for the sellers to complete repairs ( this likely wont happen) 5) get roofer and contractor estimates and get them lined up to do the work asap as it might takes weeks to get this scheduled / done 6) ask seller for extension on closing date if the work will take longer than 10 days ,,,Good luck
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2 June 2024 | 5 replies
Property appraiser/tax assessor maybe.
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2 June 2024 | 2 replies
They will allow your mortgage payment and any personal debt payments (credit cards, cars, etc) to reach about 45% of your monthly income.Programs vary all over the place so it's best to ask a mortgage broker which programs you qualify for.They like two years on the job, rent paid on time, no liens or judgments, pay stubs, tax returns and so on.FHA has a 3.5% down program plus closing costs.
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2 June 2024 | 8 replies
They will give you a finder fee.
1 June 2024 | 4 replies
A settlement statement was not provided or signed during the closing, and the fees disclosed had changed.
30 May 2024 | 10 replies
Hi @Kathleen RogersREPS is a very powerful tax strategy that can offset W-2 income.
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29 May 2024 | 7 replies
Suddenly now that we are ready to close, this fee comes out.
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31 May 2024 | 9 replies
The transfer fees/taxes for the deed can get into the $400 - $500 range for each of these.
1 June 2024 | 10 replies
Their fees are reasonable and they provide quality renovations.
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30 May 2024 | 5 replies
Hello, I’m pretty familiar with the tax liens regulations here in Alabama but I wanted to brush up on quieting the title.