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15 November 2011 | 8 replies
As a wholesaler I'm trying to create more value for my business and making the process of purchasing a home from me as easy as possible, I'm thinking about paying for an inspection(my best friends dad has a certified inspection company and he will charge me $125 on homes less that 2,000 sqft)so the buyer will know exactly what's wrong with the property.
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10 November 2011 | 8 replies
I am buying a SFH for 35000.Here is what kind of financing I got from the bank.4.8% interest NOO20% down ( I was told 15% but in the end it was 20%)Origination fee $750.00My charge for this interest rate $280.00No MIP since I put 20% downI need to show six months reserve on this house and two months reserve on my other house.Plus all of the normal closing fees...
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24 February 2021 | 4 replies
The lender's rate sheet may have a table that looks like so:4.0% = -1 pts4.25% = 0 pts4.5% = 1 pts.4.75% = 2 pts.5.0% = 3 pts.So, if the broker sells a mortgage at 4.5% (the market rate) and doesn't charge any points, the lender will still pay him 1 point, on the back-end, for his trouble.
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9 November 2011 | 14 replies
Know that termite companies charge very high rates for repairs on termite work, mainly for two reasons: 1.
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1 November 2011 | 2 replies
For the four years that I have been an owner in these markets, I've used a leasing agent who charges one month's rent as a commission (or 75% of one month's rent if there is no broker representing the tenant).
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1 November 2011 | 1 reply
My question is, how do I find out how much I should be charging per square foot?
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5 November 2011 | 11 replies
I have just purchased 2 properties with this agent (and her company) and now they want to charge me for putting my property on MLS.So, my question is this: Should I approach my agent and say something like this,"I would greatly appreciate if you would put my property on MLS free of charge.
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13 November 2011 | 4 replies
All the loan mod scam artists and such that came about - most of them the same loan brokers who sold them the stupid loan to begin with - were all charging upfront fees to negotiate a loan mod or short sale.
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3 November 2011 | 2 replies
I didn't read through all of it but it seems good enough.On the pet issue I do not do deposits.I do a one time "pet acceptance fee" that is non-refundable.I explain to potential tenants that even though they take care of an animal over the years the pets will do damage to the property.I tell them it covers my costs to fix the normal wear and tear an animal causes over time.You can also charge a monthly pet fee to have the animal if you like.
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4 November 2011 | 7 replies
Mine says there is a charge.