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9 September 2020 | 5 replies
@Ryan Johnston We held a corporate account with Wells Fargo for over a decade and never had an issue with depositing a check made out to the seller and endorsed as "Sam Seller by virtue of Power of Attorney and Attorney-In-Fact by Home Pride Properties, Inc."
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2 November 2020 | 16 replies
(Or, they sell you a wire transfer for $30, but run it as an ACH for $0.40, and keep the $29.60...)One thing I've experienced with a couple of different online money-transfer things is that usually the service deposits a few small amounts into your account, asks you what the amounts were, and then withdraws them again, in order to verify that they're connected to the right bank account; it's essentially a PIN done with pennies.
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18 May 2015 | 2 replies
I need to put my deposit in escrow and I am running into closing companies that do commercial closings but do not deal with MHPs just because they have not done so before.
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11 July 2015 | 8 replies
I genuinely hate to see him eating some of his profit to do the trash out, and he genuinely hates that I haven't been able to take possession for more than a week after closing (at 12% interest on a private note).Lessons heard previously but now actually learned: 1) Verify prior resident is out before closing or either delay close or put a lease in place with deposit and high daily rent- even if tenant only expects to stay a day or two beyond close.
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19 May 2015 | 1 reply
Did you have any adjustments on the HUD for rent and security deposits?
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23 June 2015 | 8 replies
Unless you JUST dropped the price substantially when they offered on it (Maybe like $30-40K) these guys are most likely idiots that don't know what they are doing and are wasting your time.Ask them for a large nonrefundable deposit and see if they are still serious.What kinds of contingencies do they have?
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4 August 2015 | 11 replies
Or should I just keep the security deposits and let them go?
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4 August 2015 | 31 replies
Any home can have damages, a teenager who drops his barbells on marble floors in a basement game room....ouch, they leave the damage deposit and walk off.
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13 September 2015 | 12 replies
If they are still in the property, you can advise them that you are giving them certain amount of time to have it repaired by a professional or if you have to do it then they will get the bill.If at the end this turns bad you would deduct that from their security deposit.
17 March 2017 | 11 replies
My offer was accepted, the seller wants $8k deposits after inspections.