Account Closed
Need Assistance with FHA vs USDA Loan - Selling 2nd Flip
25 May 2016 | 7 replies
As the seller, you can definitely throw a contingency to the buyer that if they don't get their documents squared away by ##/## date, you are going with the next best offer.
Robert O'Grosky
Pre-Forclosure
26 May 2016 | 1 reply
In our case, we know we can't wholesale without a solid 2 weeks with the property so the last piece of mail arrives 20 days from the auction date.
Michael Hassell
First meeting with portfolio lender...
26 May 2016 | 6 replies
Everything I have done to date has been conventional, lease optioned, or seller financed, so entering somewhat uncharted territory.Mentor recommended having a Personal Financial Statement (PFS ), a couple of check stubs from the day job and last years tax returns.
Bennet Sebastian
Does it make sense to mail to Lis Pendens?
28 May 2016 | 2 replies
First of all does it make sense to send to these folks, and secondly is there "file date" that would make the most sense to target?
Account Closed
Question: Thinking about starting escrow/title co
25 May 2016 | 0 replies
Hello Fellow Bigger Pockets Friends:I just went through a transaction in Newport Beach and had escrow fees in excess of $15,000.
Account Closed
Contemplating escrow co start-up. Questions.
25 May 2016 | 3 replies
Hello Fellow Bigger Pockets Friends:I just went through a transaction in Newport Beach and had escrow fees in excess of $15,000.
Victor Noriega
I'm selling, tenant wants to stay longer. What do I do?
26 May 2016 | 5 replies
(but looks like you would for first month)...so back to your situation, which is not clean, but check your state rules and verify without the signed lease, you reverted to the month to month, so I would really document and communicate the end of June move out date (like verbal plus a follow up more formal looking letter) and prepare for the move out then and the painters, etc to come in..
Lisa Bognuda
HOA Notice of Trustee Sale In California
30 May 2016 | 2 replies
I have found a property that the owner: 1) has clear title; 2) property taxes are current; 3) the HOA has assessed a Notice of Trustee Sale; 4) Since the filing of the HOA NOD, I have also calculated the HOA dues and assessments that will have to be added to the potential investment. 6) Reviewed California Law on waiting periods for a) owner's termination rights, (NOTS 90 day redemption period - starts from date of sale). b) renters with and without lease contracts or if the homeowners is the occupant .My Questions: Please respond with answers applicable for California Law 1) If there isn't a 1st Lien in place or recorded, then I can assume most likely one doesn't exist?
Demetri T.
Tenant gave Notice but now wants to Stay
25 May 2016 | 1 reply
We did not enter into a new lease agreement yet with the "new tenants" but we have talked about move in dates and deposits and prorated stuff.
Rich Hupper
Form used by escrow agent to report broker commissions
26 May 2016 | 6 replies
Hello fellow agents.Can someone please educate me to which form the escrow agent uses at the closing table to report to the IRS, broker commissions?