Payman A.
Capital Gains/Dep Recapture If Not Above 2nd Tax Bracket
20 February 2016 | 10 replies
Both properties have identical fair market values.
Gautam P.
auction.com deed recording, needed for title insurance guarantee
19 March 2016 | 1 reply
Called auction.com, they said they verifed Wells Fargo holds the deed before putting up an auction but the bank will not record it in the county.
Rachel Trimble
Best chances of SS-hand holding w/ owner-dealing w bank :/
17 April 2016 | 1 reply
The lenders will want a paper trail of bank statements, verification on all accounts for the past 60-90 days, to make sure the seller isn't sitting on pile of cash.
Andrew Johnson
Marketing Rentals to Military
3 September 2016 | 5 replies
They expect income verification to be as simple as handing over an LES with the SSN cut out (military pay stubs), and also for the landlords to already know about military clauses/addendums.
Matt Cramer
Mortgage or no Mortgage?
17 June 2021 | 12 replies
With a loan, you can buy these two identical houses for $20,000 down.
Adam Michael
Cozy.co Applicant Process & Apartment Showing
26 July 2019 | 19 replies
--Cozy does require all applicants to grant permission to current and former employers, landlords, and references listed in their application to release information for verification purposes.
Trailson Moore
Picking between multiple qualified tenants
11 July 2017 | 7 replies
It's also in writing on application that I check landlord history and verification of employment before asking them to pay direct for tenant screening, and any delay in response from previous landlords or employers will hold up their application.
Dean Weltman
Anyone heard of Genco Financial Services Company out of NJ?
27 January 2016 | 17 replies
Gramiccioni said.Biello offered to help a Keansburg man refinance, but actually took the man's credit cards,made fraudulent loan attempts using the man's identity, Gramiccioni said.Biello engaged in similar activities two other times.Biello used fraudulent documents in a short sale
Alex Lucille
Need advice on my North Seattle rental
28 August 2017 | 5 replies
., property appraised for $475k so we pulled 70k our by refinancing into a 30yr @3.75% with a principal+interest payment of $1600 + 300 for taxes and insurance and rented it out for $2500/mo, renter pays utilities, we manage the property, new loan amt is $340k.Other identical townhomes in our development and others like it have sold for $600k, so I would say that I could conceivably sell the home once the current lease is up and walk away with $200k factoring in all selling costs.I expect that we will be able to raise rent to 2700-2900 in the next 2 years or so and possibly up to 3200 in 2021 as there is a light rail being constructed that will drive a lot of demand from people commuting to downtown seattle.Specific Questions:Since I refinanced and took my initial investment out of the property, this seems to skew all of the standard evaluation metrics (IRR, Cap Rate, etc...), if I factor equity into the equations this looks like a terrible return and if I don't its a great return.
Payton L.
Outdoor pet is now an indoor pet
1 October 2017 | 18 replies
You have verification from the worker / vendor the dog was inside.Give notice that the dog must be removed or they can choose to go with the dog.