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6 October 2016 | 2 replies
@Chris MasonI have not had any issues with that because for all intents and purposes, it is a regular rental regardless of how old the people living there are and the insurance company doesn't need to know who I am marketing the rental to.
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10 October 2016 | 4 replies
***Additionally, a mortgage broker that is able to take a tenant-buyer's option consideration that is paid to me (wholesale lease option deal), and either apply that consideration towards the TB's down payment when the exercise their right to purchase ORdiscount the price of the house.Typically the consideration goes through a third-party escrow account (my attorney's), and that helps with the above.Typically mortgage brokers who understand this type of situation will only submit financing applications to banks they have great relationships and won't have an issue with this type of thing.Thanks in advance!!
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8 October 2016 | 8 replies
The series LLC avoids the issue of forming multiple LLCs and accounting for them at the end of the tax year.
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12 October 2016 | 15 replies
How can I protect myself against possible title issues?
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21 October 2016 | 6 replies
Annette - You seem pretty familiar with the general aspects of adverse possession and similar legal issues.
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29 May 2017 | 8 replies
@Ed` Jones If I've properly understood....the insertion of additional entities, particularly an IRA, would only exacerbate the issue.
4 September 2019 | 6 replies
Title companies are in the business of issuing insurance, providing settlement services & acting as an escrowee in certain circumstances.
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21 October 2016 | 17 replies
Title issues, on the other hand, don't.
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12 October 2016 | 13 replies
Here is a part of the letter, I sent to the seller:The home inspection was completed on September 29th (please see attached) and the following issues were pointed out: 1.The wooden floor frame in the middle unit is deteriorating due to either prior water leak in the bathroom or due to moisture infiltration through the walls and foundation.2.There is evidence of significant settlement under the middle unit bathroom and north closet.3.The settlement of the floor and walls has also resulted in settlement of the roof frame above this area, ceiling shows cracks.4.There is an obvious depression on the roof – water is ponding on the roof above the middle unit, which adds excessive weight on the roof and potential for leaks.5.Asbestos containing material has been found.6.The current bedroom heat installations in the north and south units pose a safety hazard from carbon monoxide, fire and oxygen depletion.7.An electrician performing upgrades did not use ‘arc fault breakers’ in the north and south unit breaker panels, which is required by the national electrical code.8.Upgrades to the electrical system, promised by a real estate agent, have not been completed yet.
11 December 2016 | 1 reply
@Mike AndersHey Mike, I don't know if you already solved the issue,There are many people search providers you can get phone numbers from .