Chris Hayes
HUD homes as investments
22 February 2018 | 1 reply
If you buy a HUD home, are there any legal stipulations that would prevent you from turning it into a rental, or anything else that would hinder an investor?
Matthew Peters
Aspiring investor located in Minneapolis, MN!
23 February 2018 | 2 replies
Legal name is Matthew, but feel free to call me Alex.
Moncy Samuel
Who is responsible for water bills
3 March 2018 | 9 replies
@Moncy Samuel - there should be some legal lingo in your lease agreement that covers this.
Alex Wong
Seller Financing and UCC filing
22 February 2018 | 0 replies
Can seller carrying a note legally file a UCC Lien?
Ezell Jamison
Understanding LLC through and through
23 February 2018 | 3 replies
However, everything should be documented.
Adam Hobson
Newbie from Birmingham Alabama
23 February 2018 | 4 replies
They have to pay your legal fees for the ejectment if they redeem.
David Mathews
The money is there. How do I use it?
23 February 2018 | 3 replies
Also how do we make it legal and legit?
Llewelyn A.
Unable to Deliver Marketable Title Return of Earnest Money
24 February 2018 | 20 replies
Yes, it's a large sum, but there was a previous all cash offer on the property and Kevin, while he is using a Mortgage, offered a higher Purchase Price and a higher amount for Earnest Money to be deposited on Contract.The Check for the Earnest Money on Contract was made out to the Seller's Attorney Mike as Escrowee, so I am assuming that the Earnest Money had to be deposited into the Escrow of the Seller's Attorney.Kevin then Applied for a Mortgage at a well known Bank.Title was completed and an Appraisal was ordered.Sometime around mid-June 2017, a few weeks later, the Seller's Step-Sister filed a Lien of Rescission to stop the Sale.When the Appraisal came back, the Lien of Rescission was discovered, the Mortgage Bank added the Lien as a condition to clear for closing.A Civil Case was filed against the Seller and the Case was suppose to take place around December 1st.Buyer's Attorney and Seller's Attorney agreed to postpone the original closing from 45 days after signing the Contract on June 13th to December 1st day, documented in email.The Case was then postponed to January 29th, 2018.Along the way, the Buyer's Attorney got sick and developed ALS.When January 29th, 2018 came, the Seller's Civil Case was again postponed to April 1st, 2018.The Mortgage Bank issued a statement that the Mortgage Contingency was no longer valid and has expired.Kevin then changed Attorneys.
Jasmin Wampler
Winterizing the house upon moving out - Colorado Tenants
24 February 2018 | 6 replies
If you're handed the keys to the landlord then you've legally transferred possession.
Millie H.
Atlanta Off-Market Properties
23 February 2018 | 0 replies
We have everything but one signed document back from the seller.