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17 July 2022 | 7 replies
Just in time for a closing next week!
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2 June 2021 | 323 replies
Many law firms do this and publish for the sake of informing the public aaaaannndddd advertising their services those potentially impacted and in need of consultation.)I have no problem taking care of people in times of need; in fact, I think the hallmark of any good government is to care for the masses when it is called upon.
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16 May 2015 | 4 replies
, prorated tax/ins who pays, days for contingency for inspection, some out clauses if you cannot find the buyer in time, definitions of property, partners, etc etcYou'll want to bring the seller side contract to the closing/escrow agent to drop your earnest money in per your contract verbiage so that you have an enforceable contract since you dont want to write down earnest money to be deposited in 3 days after mutual acceptance if its day 5 and you still havent sent in your EMD.Then you find your buy side contract and submit it into the closing/escrow agent, draw up the assignment instructions to the agent or double closing instructions to the agent to follow.Cash/hard money comes in from end buyer to close seller side transaction in a double closing, records, then the remaining proceeds goes to close the buyer side transaction (between you and end buyer) minus your closing costs will be your net cash proceeds.If you chose to do an assignment the deal gets consummated as one transaction not two with the double closing and the assignment that goes to you shows up in costs of the transaction with the the original seller side contracted price showing to the end buyer.
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30 August 2010 | 125 replies
I don't know, in times like this there is a security in renting to people who've always been renters and haven't deluded themselves with home "ownership".
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12 February 2011 | 6 replies
Also, since capital preservation is key, the loan arrangement should call for interest-only payment.The major drawback is that you need to have a pipeline becuase, like any loan, you will be paying a per diem.These types of arrangements are best put together using an attorney intimate with commerical finance.There are many ways this can be accomplished.
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23 September 2020 | 37 replies
The real estate agent I talked to managed to save the couple in time by listing the house and netting them the 310K that the house sold for.
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15 June 2023 | 48 replies
I work dayshift at my current job and have 5 1/2 hours till I go to bed so I feel I can maximize my free time and weekends to learning the ropes and then in time start building my business. after posting on facebook that im getting my license a friend of mine commented that he wanted me to sell his house so I may get my first listing soon.
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5 May 2018 | 53 replies
When you loan out at 50-65% of ARV, and you understand the business intimately, the risk is pretty minimal.
12 April 2017 | 57 replies
I think the marketplace model is though and in time we'll see what happens.
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13 December 2021 | 22 replies
But there are massive federal rebates which are included in the ownership models but aren't available to us investors unless we can work a very intimate deal with a tenant having them share a portion of their tax refund with us.