Tom P.
Seller's agent is not offering my "seller finance" deal to seller...
13 January 2024 | 28 replies
Both parties have to sign to agree to the arrangement, fyi
Ben Whittaker
owner finance causing me headaches, how to proceed?
13 January 2023 | 22 replies
In very general terms, if the loan will be secured by a property that the borrower will use for residential purposes, then the person who arranges the loan is defined as a “loan originator,” and must have a mortgage originator license.
Paul K. McCoy
Quick Flip Question
11 May 2022 | 10 replies
Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby:buyer and seller are typically motivated;both parties are well informed or well advised, and each acting in what he or she considers his/her own best interest;a reasonable time is allowed for exposure in the open market;payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; andthe price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.
Leslie Johnston
Divorce settlement 10 years ago unclear about ownership of house
18 November 2023 | 22 replies
However, the specifics of divorce law can vary greatly depending on your location and the exact wording of your divorce agreement.Given the complexity of your situation, especially with your health concerns and your desire to make arrangements for your daughter, I strongly recommend consulting with a family law attorney.
Thomas Baker
Bankruptcy. Selling while in Bankruptcy
9 November 2023 | 11 replies
Whether it's a house, a car, or any asset, the Bankruptcy Judge's approval is necessary, regardless of when the property was acquired or the financial arrangements in place.Your attorney plays a crucial role in this process.
Michael Plaks
EXPLAINED: IRS audit "insurance" - no more fear of an audit?
4 November 2023 | 2 replies
(I noticed that my examples have been accidentally arranged in a somewhat logical sequence.)
Justin Solano
seller finance investment
16 December 2021 | 2 replies
It gets complicated, must be done correctly and most owners won't and shouldn't agree to that arrangement.
Nikolas Hamon
How I Saw Opportunity When Others Did Not
11 July 2021 | 8 replies
I was in need of a method of financing my living arrangement at the time, and came to the conclusion that I had to find it myself.
Stephanie Ro
What Are Some Reasons a Property is on the MLS for over 30 days?
28 September 2021 | 27 replies
The whole obviously aftermarket gambrel roof arrangement and the obvious exterior significant remodeling look pretty scary to me.
Melanie Stephens
Biggest Mistakes/Lessons Learned: Short-Term Rentals
8 December 2021 | 123 replies
They are your eyes and ears and if you can train and pay them to be more of a ‘concierge service,’ helping you to keep note of stock supplies, arranging handymen if they note something is broke, or running to the store for you, they will save your butt.