23 August 2024 | 8 replies
The name 'due on sale' is misleading, it is usually a 'due on any kind of transfer of interest clause'.
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20 August 2024 | 8 replies
How have you handled the transfer of all deposits/payments received and the remaining payments received after closing on those future bookings?
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23 August 2024 | 1 reply
I also know plenty of RE agents who continue to buy off market properties at a bargain and they have not experienced any legal issues. 3) Business structure - keep under my building LLC (taxed as S-corp) or start new, then transfer properties that I keep to my holdings company. 4) Overall concept feedback?
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25 August 2024 | 23 replies
Assign me the contract if you want but I am not paying to put you in title.When I sell and say "buyers pays all closing costs", I mean they pay all cost for the transfer from me to them.
22 August 2024 | 6 replies
(My commercial deals are typically 5-30 unit buildings, not multiple hundred unit complexes)Some LOI terms to includePrice, transfer taxes, concessions, contingencies, study period, closing date.
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22 August 2024 | 5 replies
My original loan just transferred to "Mr.Cooper" mortgage.
21 August 2024 | 8 replies
Best thing to do with subject to is to have the seller transfer ownership into a land trust where you are the beneficiary of the land trust.
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21 August 2024 | 7 replies
Hey Team-I’m wanting to transfer my current property from my name into an LLC.
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22 August 2024 | 3 replies
It usually starts with a notice being posted, so get that done asap to 'start the clock'.Keep in mind you should receive their security deposit as a transfer from the previous landlord as a part of closing, so that will at least compensate you somewhat for the lost income if they haven't trashed the place and such.One other set of questions would be - do you want them to leave?
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21 August 2024 | 1 reply
We do not represent them.And I can tell you, in almost every case we have an unrepresented buyer on my listing....I make more, the seller makes more....and the buyer is probably paying more than they would need to, and waiving things, or agreeing to contract terms that they have zero idea what they mean or is customary.As an example, almost every unrepresented buyer on my listings ends up paying 100% of the transfer and recordation taxes, when customarily those are split 50%/50% between buyer and seller.