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13 March 2024 | 0 replies
We're seeing an unfamiliar clause and wanted to verify that we're not making a mistake.The broker asks for a $500 fee (they say they reserve the right to retain/charge in its discretion, in any non-closing event to cover for its services).Is it common for a broker to ask a $500 fee out of the EMD in case we back off the offer?
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17 March 2024 | 12 replies
I wonder if the issue is the loan is less than 100k.
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13 March 2024 | 5 replies
I know its pretty common in short term rentals, but I'm not sure about the legal implications.
16 March 2024 | 11 replies
Definitely save your battles for more expensive issues. -- Good Luck!
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16 March 2024 | 22 replies
If you have a cat that pees or sprays, understand that even if LVP is waterproof, it can seep through where planks connect or edges/trim to reach to the subfloor or slab, causing major odor issues.
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14 March 2024 | 9 replies
Is there specific layout of properties that help you be successful instead of forcing the issue on any property?
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15 March 2024 | 6 replies
:It’s commonly said that with a JADU you would have to evict the renter before you could move.
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16 March 2024 | 19 replies
Of course the common thought is that there is two closing so it most cost a fortune but the reality is it MUCH cheaper then the 3 month seasoning products and usually cheaper then the 6 month products in terms of upfront costs with usually a better long term rate.
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16 March 2024 | 8 replies
Complicating this issue is the need to do a 10-31 due to stepped up value/capital gains tax on half of the land.
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16 March 2024 | 3 replies
Probably not an issue for seller financing, but make sure there are no prepayment penalties.You can calculate payment and balloon amount easily enough with excel or google sheets.