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24 February 2020 | 1 reply
I just received an appraisal letter from my county for my property.
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25 February 2020 | 17 replies
Expenses to account for: closing fees, loan origination fees, realtor fees(when you sell), appraisal fees, inspection fees, utility fees during ownership.
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25 March 2020 | 12 replies
Typically the only other contingencies a buyer would have with the standard Louisiana Residential Agreement to Buy or Sell provided by the Louisiana Real Estate Commission is for financing and appraisal, but if you have a contract that is a cash purchase with an as is sale, then you have no other options to get out of the contract.See lines 197-200 on the contract: "FAILURE TO GIVE WRITTEN NOTICE OF EITHER TERMINATION OR DEFICIENCIES AND DESIRED REMEDIES TO THE SELLER (OR THE SELLER’S DESIGNATED AGENT) AS SET FORTH IN LINES 161 THROUGH 180 WITHIN THE INSPECTION AND DUE DILIGENCE PERIOD SHALL BE DEEMED AS ACCEPTANCE BY THE BUYER OF THE PROPERTY'S CURRENT CONDITION."
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24 February 2020 | 9 replies
The county appraises it at about $151k (in this market, I'm confident after rehab, it can sell for around $160k or more).
26 February 2020 | 13 replies
I haven't had any problems doing a cash-out refi. as long as the property is not in an LLC and new loan is for 70-75% of current Appraised value (leaving 25-30% equity in the loan.)
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24 February 2020 | 4 replies
Just got the appraisal for my SFH renovation.
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25 February 2020 | 8 replies
The lesser of the sale price or the appraised value usually dictates how much your seller can pay in concessions.For example, say you offer $155,000 for a home.
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25 February 2020 | 1 reply
I bought that place for $95,000 and it appraised for $142,000I am also closing on a 5 unit the end of March that I brought my cousin in with me to partner with me
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25 February 2020 | 3 replies
We are going conventional with no inspections (outside of the bank appraisal).
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27 February 2020 | 2 replies
My business partner became president of the HOA, and we just refinanced into a 10-year note for which the property appraised for 2x our purchase price.