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20 January 2025 | 31 replies
Trying to do my due diligence and research reviews on them before making this expense.
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27 January 2025 | 10 replies
Once a complete loss mitigation application is received, the servicer must review that application before starting the foreclosure process.""
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25 January 2025 | 0 replies
I understand why carriers associate Condo/PUD construction with greater liability risk (I am sure being based in Philadelphia, a jury friendly city doesn't help either) but curious which carriers others are finding to price coverage without this exclusion and also price the coverage competitively.This also serves as a reminder to review the coverage when you hire a GC for more substantial or unique construction assignments.
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11 February 2025 | 3 replies
The Phoenix market has remained strong, with steady population growth and rising home values creating solid opportunities for both flips and new builds.
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24 January 2025 | 4 replies
For your 1st time, pay a Property/Land/Transaction Attorney to review the title commitment with you to make sure that there are only the outstanding liens on the property, and that the owner has title.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
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3 February 2025 | 0 replies
Our ability to offer cash and close quickly gave us an edge, allowing us to secure the property under market value and position it for a seamless resale.
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20 February 2025 | 7 replies
From what I've seen and read, most of the reason operators get in trouble is that there is some type of "event" that has occurred (usually their loan has matured or they've defaulted on their existing loan) and they need to refinance their loan and the lenders require a new appraisal to be done, which usually leads to a lower appraised value, and a lower loan amount, which "forces" the owner to pay down their debt.
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11 February 2025 | 2 replies
In my day job I do SEO for a digital marketing agency and I am more than happy to talk SEO with anyone who has questions.I'm interested in Long-term rentals, though admittedly, finding deals below market value and funding those deals (not to mention I honestly have no idea have to put the deals under contract in the first place), are problem the first things I'll need to learn.
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11 February 2025 | 2 replies
I have another property from a family friend that is being sold for 150k, and the estimated value is 340k. 21 acre road front property w 3/2 bath.
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8 February 2025 | 0 replies
We genuinely value architecture, history, design and quality, even if that means minimizing profits.