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27 June 2020 | 11 replies
Any balances due, tenants with late payments still dueIdentify any existing evictions in progressCertificate of Occupancy from the City of LA9a Property Report Natural Hazards Disclosure Statement Copies of all current insurance policies and insurance company contact infoLoss run from the insurance carrier (my insurance broker requires this from seller)Copies of ad valorem tax statements covering the Property for the last twelve (12) months, if anyCopies of electric bills for last 12 monthsCopies of gas bills for last 12 monthsCopies of water and sewer bill for the last 12 monthsCopies of trash bills for the last 12 monthsCopies of any vendor service contracts (common ones include landscaping, interior cleaning, laundry, fire alarm monitoring, and pest control) Copies of any environmental studies affecting the property, if any.A list of anything that will not convey with property (common items include laundry machines and appliances owned by seller)Copy of current management agreementCopies of all existing surveys of the Property, if any.Copies of all warranties for appliances, equipment, utilities, roof, paving, pool, etc., if any.Copies of the last three years’ profit and loss statementsList of all capital expenditures in the last 3 yearsDate of systems updates, if known (plumbing, electric, roof, HVAC) Preliminary Title ReportCopies of the most recent title insurance policies, if any.
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18 March 2020 | 0 replies
For those of you who depend on real estate for your income, whether it be rents, commissions, flips, notes, etc., what steps are you taking to fortify your finances to reduce the risk of a liquidity crunch? Many if ...
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19 March 2020 | 2 replies
Let us consider protecting families.Let's consider the real back issues
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22 March 2020 | 9 replies
Anyway, I'm not bummed about trying to protect the health of the community and as a result I lose with my STRs.
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19 March 2020 | 3 replies
I protect myself: My agreement has a default clause as follows: "Default for Non-payment: As mentioned above, the Landlord/Seller expects prompt payments from the Tenant/Buyer.
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20 March 2020 | 1 reply
They can lock in their interest rate as soon as they find a property, We can put a Covid-19 contract contingency in place to protect you should any major changes occur while we're under contract (NY State Assoc. of Realtors just issued this yesterday, your state should have something similar).Sellers: I'm going to hold off until this blows over.
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21 March 2020 | 10 replies
Are you loan fees included in that amount...or perhaps 3rd party things like survey, environmental, etc....As for an inspector, you might see about finding a SS builder to do the inspection.
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4 April 2020 | 9 replies
If you don't at least register the AZ LLC as a foreign entity in Ohio, the Ohio courts may not offer you the protection of an LLC.
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25 March 2020 | 3 replies
Part of our job as professional Realtors is to keep up to date on Forms and Addendums that we can use in different situations to protect your best interests as our client.
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20 March 2020 | 3 replies
I would like to offer some advice on how to protect yourself, your family, and others from the COVID-19 virus.1.