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12 August 2019 | 19 replies
And I also don't believe they would stay 8-10% caps after transferring ownership.
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19 August 2019 | 42 replies
When will the property be transferred into your name?
23 July 2018 | 37 replies
I just transferred my mutual fund IRA to a self-directed IRA, so I can get more properties.
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22 February 2015 | 4 replies
For example, could they transfer the home from their name to an llc just to record a higher sales price for comps?
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21 May 2015 | 3 replies
theyll help you with estimating what it might cost per unit)-actually visit the property (with someone knowledgeable) and assess the condition of the expensive items (roofing, heating/ac systems, foundations, plumbing/elec, etc).some of these things will most likely be req'd by whoever your lender is anyways. of course some sellers wont oblige the requests for such detailed info until theyre confident in your offer/ability to purchasealso, sometimes people only look at their buying plan. you want to have a further view and have a plan on exiting (selling it when youre done). how you finance it can impact this because youll want financing that's favorable not only to yourself but to a future buyer as well.being able to sell it off as easy as possible is an advantage and you should always think how you can approach a property thinking "how can my actions help the property be worth more in the future and ease such a sale/transfer when im done?"
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25 February 2015 | 10 replies
Or if I use them to pull title and later close with them they won't charge me double.In cash deal your cost basically is title insurance, transfer/stamp duty tax, and recording fees + pro rated items (property tax)I deal with a lot of foreclosure and such.
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20 May 2016 | 11 replies
“Recordation of Quitclaim Deed and Mortgage; Conditions”, the following statement appears: “Upon: (i) Buyer’s payment of the Down Payment and the Delinquent Assessment in full, (ii) Buyer’s execution and delivery of the Note and the Mortgage to Seller, and (iii) Buyer’s timely payment of all Probationary Payments, Seller shall record in the County in which the Property is located a Quitclaim Deed to the Property, transferring to Buyer record title to the Property, and shall simultaneously record the Mortgage.”The first payment for this land contract was due September 1, 2011, and the borrower has made timely payments exceeding the 24-month probationary period.
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8 January 2024 | 36 replies
Others can get the same (if not better) effect by applying for those "No Interest for a year on amounts transferred"-type Credit Cards, IF they STICK with a well-disciplined plan of not buying ANYTHING unnecessarily.
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4 January 2017 | 6 replies
I informed him that I was switching and all of a sudden he isn't responding to calls, emails or text.My question is if this continues, how do I get the current PM to transfer sercurity deposit and rent money he owes me after I switch?
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17 May 2017 | 76 replies
There are lots of reasons for this: no down payment; no job history; unstable employment situation (frequent transfers, for example); does not want to maintain/rehab a home; wants to live in a nicer area than buying would allow; ETC.We have some older women who could afford to buy, but like being able to just call us if something goes wrong rather than hunt down their own repairman and pay the bill out of their pocket.