Katey Tata
Common Legal Issues with Wholesalers?
28 August 2016 | 6 replies
@Katey TataWelcome.You may not want to make this complicated.If you draft an Agreement to Purchase a property, draft another to sell that Agreement and sit with a Real Estate Attorney from Massachusetts to review the documents, you should be ready to "Just Do It!"
Paul Padilla
What was your first step in real estate?
23 September 2015 | 18 replies
Un-remarried surviving spouses of an eligible service member who died as a result of service or service-related injuries may also be eligible.ELIGIBLE PROPERTY TYPES1 – 4-unit single family detached homes PUDsTownhousesCondominiums—per VA guidelinesINCOMEIn order to be considered for approval of a VA home loan, income stability is a mandatory requirementVeterans recently separated from the service must have a minimum 2 year work history in the same line of work that he/she did in the service.
Sam Erickson
Should I personally guarantee a seller financed office building?
23 September 2015 | 23 replies
Sometimes sellers are not being truthful about the history of the property or the tenants.
Nick Janovich
two applications
14 September 2015 | 1 reply
What is his credit score and job history..... it only takes one person to crash a plane.Also remember that these are not your only choices.
Lisa Hedger
New Member from Metro Detroit, Michigan
16 October 2015 | 3 replies
I have a pretty diverse career history, primarily in business to business sales and event/wedding planning.
Alex Guerra
Financing a Cabin/Vacation rental
17 September 2015 | 5 replies
We are in process of working on a 4th loan, for an off grid riverfront seasonal cabin that only one of our lenders - the local one - is willing to finance due to their understanding of the area and our history of successful rentals (proven via our tax returns).
Bryan Bacallao
Has anyone ever bought a FannieMae HomePath property?
21 September 2015 | 18 replies
I had to sign all sorts of documents saying I would live there.
Paul Stout
Looking for a private lender agreement
17 September 2015 | 2 replies
You will probably need two documents: a Promissory Note which describes the terms of the loan and a Mortgage which is filed with the County clerk to secure your lender's interest in the property and which will allow them to sell it if you fail to make the payments.
Mary B.
SAY GOOD-BYE TO HUD-1
20 September 2015 | 8 replies
Lenders must keep copies of the Loan Estimate for three years after consummation, and retain copies of the Closing Disclosure, in addition to all Closing Disclosure-related documents, for five years after consummation.The Final Rule also includes several other substantive changes and additions to TILA and RESPA, including, Defining what constitutes an application: The removal of the seventh catch-all item.
Taylor Shapiro
Is this REO agent for real?!
21 September 2015 | 7 replies
If the other buyer does not submit the documents promptly, they may just accept your offer.