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2 September 2024 | 2 replies
Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and must proceed to purchase as a cash purchase, per contract, so there should be no financing related title charge son my end.I am looking for a flat fee or low-cost title company to assist me with the seller side of the closing and coordinate with the buyer's title company.
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8 September 2024 | 168 replies
But instead, you proceeded to try and re-direct her away from the strategy.
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2 September 2024 | 11 replies
It is more common to see 80% LTV on rate-term refinances, and some lenders will allow you up to $5,000 in cashback proceeds.
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2 September 2024 | 7 replies
You mention 1031 so I will say: in a 1031 you never hold the proceeds from the sale in your own account, that would violate the rules of the 1031
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31 August 2024 | 4 replies
Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and must proceed to purchase as a cash purchase, per contract, so there should be no financing related title charge son my end.Contract only lists the following seller/closing/title fees:A.Documentary stamp taxes and surtax on deed, if anyB.
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30 August 2024 | 4 replies
I am about to buy a house under owner financing in virginia in the norfolk area and need some advice on how to proceed.
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30 August 2024 | 8 replies
Should I proceed with a home inspection, or is this a situation you recommend to run?
30 August 2024 | 30 replies
(New roof, paint, etc) and proceeds even if we paid capital gains taxes could pay down other properties debt including adjustable HELOCS which would double our annual income but of course we would lose a door. 1 property is currently vacant and I anticipate at least $10k to refresh including new gutters.
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29 August 2024 | 6 replies
If that property is till under the LLC you will need to purchase under the LLC.If you have taken ownership of the sale proceeds your next homework assignment is to look into Qualified Opportunity Zones and Qualified Opportunity Funds (QOZ, QOF), note the same accredited investor status still applies.