Anthony Nieves
Contract/earnest funds on property owner now listed with a realto
22 May 2021 | 2 replies
can the realtor get in trouble for trying to sell a house that is still under contract, when the homeowner is about to get sued for specific performance.
Shane Blackshear
BRRRR refinancing issues
28 May 2021 | 38 replies
@Nicki Shelton for the scenario of refinancing two properties and purchasing a third that can be accomplished in the same transaction.
Alberto Nikodimov
Top 10 RE books and examples of how they've helped me!
1 June 2021 | 8 replies
This makes the other side think the first option is what you truly want and often leads them to picking the third option which is the best case scenario for you!
Edward A.
NJ Inherited Property - Buying out Family Member
22 May 2021 | 1 reply
I believe you'll probably need to have a probate done for the estate if you want to have a title insurance policy issued for your interest in the property after the purchase.The purpose of the probate is threefold; first, to marshal the assets of the estate, second to pay the claims of creditors of the estate, third, to identify the heirs/beneficiaries for the record.
Sunny Sopapunta
Partnering up questions
22 May 2021 | 3 replies
Then, by yourselves, apply a percentage to each of them, then total up the percentages...keep in mind the total can't go over 100% (don't laugh...I've seen as high as 150%).Then group together all the roles each partner will perform, and the total sums will be the end result percentages for each partner.
Avery Robertson
Due diligence on MHP
29 May 2021 | 6 replies
Congruent with the due diligence items above, we are also putting together the strategy for the park, performing our rent survey, running our market demand study, and creating the budget for the project.All the best,Jack
Rich Leone
Lease renewal options with inherited tenant - St Paul Duplex
25 June 2021 | 9 replies
If adjusting rents up to market, I highly suggest just writing a normalized new term lease, no reason not to, even if the term is 90 days it's important to have clearly defined expectations in both performance AND duration.
Kiana Wood
Short term or long term rentals?
20 May 2021 | 2 replies
If there is a third party that can handle those issues for you then it might be worth it but that will come at a cost too.
Tony Escobedo
Proof of Funds? Which one are you using?
25 May 2021 | 10 replies
Simply remove the financing contingency, make the earnest money non-refundable and be willing to eat that cost if you fail to perform.
Pedro M.
Where to Find a Good Title Company
27 May 2021 | 14 replies
In TX pretty much all title companies perform the same basic functions.