Alberto C.
Seller market, offering listed price even if it might no appraise
31 March 2018 | 4 replies
Your agent has a fiduciary responsibility to do whats best for you so they should come to the appraisal with recently sold comparables to make sure the appraiser has the most accurate and updated information.4.
Account Closed
I/O (Interest Only) loans are making a comeback?
28 March 2018 | 4 replies
I'm seeing I/O loans coming back in the market and this is a GOOD thing...for responsible borrowers ONLY!
Ayman Elmasik
Houston flood home that would not sell - exit strategy ALF
7 January 2019 | 10 replies
They'll be responsible for all the damages caused by the guests and even take care of minor repairs#3 Offered to sell your house to any prospective buyers using creative financing ways like seller financing with minimal down payment and then selling that note and cashing it.
Mayer M.
Need help!!! rent or try to sell?
31 March 2018 | 15 replies
No pets and non-smokers.Property Info:3 Bed2.5 BathAttached Garage1976 SFBuilt in 2006 (has been vacant since 2011)Property is in excellent conditionHOA responsible for all exterior maintenance and repairsIn a well cared for 300 unit development Property numbers:Into the property for $127k (currently borrowed at 5%)Current Property Value = $165-170k ( the property will be worth more as soon as the lawsuit is complete) Annual Property taxes = $5400Annual HOA= $2400Insurance = $800What should i do?
Cody Bain
22 y/o Active Duty, Buy or Rent in Pensacola, FL?
5 May 2018 | 26 replies
One of my biggest fears is that I will not be able to successfully rent out my house as I will be living out of state within the year.Would it be more financially responsible to simply rent until I settle down in one location?
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
12 April 2018 | 65 replies
It is tremendously sad that they are in this situation but unless you are willing to adopt them for the rest of their lives you cannot make yourself responsible.
Larry H.
Bank wants addendum waiving lessees option to purchase
27 April 2018 | 13 replies
I explained to the broker, the option is price is higher than the appraised value, we got a higher deposit because of the option, and we are not responsible for maintenance and repairs because of the option to purchase.
David Coronado
Am I getting ripped off with my closing cost?
31 March 2018 | 8 replies
Re the Title Fees ... it depends on the loan amount (to calculate the title insurance premium) and what, if anything, the title company is responsible for doing in connection with each construction draw.
Account Closed
Need help pricing a 4 family in NYC
7 April 2018 | 7 replies
(price per square foot is arguably the most common metric to value an investment, especially a property that will be delivered mostly vacant)What are the current taxes, and who is responsible for paying utilities?