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13 October 2024 | 5 replies
I can think of a lot of funny responses to this statement but know this "it is the title company that decides if a property is insurable, no one else"Only they will tell you what you want to know if that particular quit claim deed is insurable.
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15 October 2024 | 8 replies
:We have some who claim certain people can't get ahead because of racism, sexism, or whatever "ism" you want to name.
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8 October 2024 | 2 replies
Does a house with a quit claim deed make is worth less?
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16 October 2024 | 10 replies
Even a small claims court option might help you recover some damages later on.It’s definitely a tough situation, but focusing on getting a clear bid for the remaining work and being upfront with your lender could provide the best path forward.Wishing you the best with this—stay strong!
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13 October 2024 | 8 replies
Potentially becomes an extortion issue if you hire an agent to list and sell.That's quite a claim.
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14 October 2024 | 3 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
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14 October 2024 | 19 replies
However, the seller may guarantee the title themselves depending on the type of deed they provide (General Warranty, Special Warranty, or Quit Claim).
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13 October 2024 | 2 replies
An insurance broker explained this to me in the past as the law of large numbers which suggests if a a carrier has significant enough exposure in a market the probability of claims arising will be more consistent with probabilities calculated in their underwriting than a when a smaller sample size were to exist.
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13 October 2024 | 24 replies
There were so many claims for snow damage last year that many HOA are losing their insurance or having to pay crazy amounts.
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11 October 2024 | 2 replies
Hi!
So my tenant called me up 10/09 to announce she is moving out on 11/8 and giving 30 days notice.
I had a yearlong lease in place, and when it was up for renewal, I reached out by text “were you planning to rene...