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22 October 2024 | 3 replies
I'm assuming your daughter isn't on title for the property you're selling.
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23 October 2024 | 3 replies
HI @Nasi K.I would check with your realtor who helped you or the title company you closed at.
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22 October 2024 | 7 replies
As it's me to me, I wouldn't need title search and title insurance and such.
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28 October 2024 | 30 replies
Across all the pieces needed to come together to pull a RE transaction off: Borrower - Lender - Insurance - Title - Sometimes Broker.
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22 October 2024 | 12 replies
Title Issues3.Hidden Costs - (foundation issues etc)
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24 October 2024 | 9 replies
Attorney, TC, title, contractors, and agents/property managers.
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24 October 2024 | 19 replies
A million ways to do it:1 Holding LLC(parent) in a protected state (Texas, WY, NM, NV) which owns the below:2 Child LLCs(one holds title of property, other manages property) in state of where property is owned.Some would say each title holding LLC shouldn't hold more than $X equity but that's up to you on exposure.
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22 October 2024 | 2 replies
@Alexander F PollockYou may lose a tax benefit of a stepped up basis for capital gains purposes transerring interest away from her parents.Also consider conducting a judgment searches on all parties to the transaction to confirm there will be no title problems for would come up when the LLC sells in the future because you will not have title insurance to cover prior owner issues.
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17 October 2024 | 4 replies
ENV Title is also great.
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23 October 2024 | 5 replies
I would not put any energy into this aspect. the only other way to get one is to take title subject to a 30 year note that can happen as well.