Terry Madden
Friendly Advice Needed
19 September 2018 | 29 replies
We suggest that a licensed contractor further evaluate, address and repair/reinforce both porches as needed for safety purposes, including addressing the back left exterior steps that are not installed correctly. 3.
Sheldon Peart
First 4-Plex Purchase in BC Canada - Looking for Appraisal Advice
19 September 2018 | 6 replies
Hello @Sheldon Peart If you need financing to purchase a residential property with 5 doors, you will need to get a commercial mortgage. 4 key factors affect the value of your home: Location of your homeSize, age, and condition of your property, including any renovations or updatesThe housing marketThe economy and interest ratesHere are 2 ways to help you estimate the value of your home:Talk to real estate agents – They may estimate its value for free and should be able to tell you what other homes in your area have sold for.Pay an appraiser
Robert Burns
Pre Qualifying Tenant Buyers in Lease Option Program
27 September 2018 | 11 replies
Although a lot of my T/Bs are already working with a mortgage broker before they contact me, the broker couldn't qualify them for a mortgage, so then they started looking around for alternatives.Common reasons for doing an RTO include:1.
Darren Nardo
Getting money for deal
29 September 2018 | 12 replies
But, I see no reason not to take the book with you too, and use it as a guide so you don't forget anything...BP will be releasing the Second Edition of the book in a few months, and I've included a section on "Inspection Tips" for each of the 25 components.
Javier G.
Landlord Lease early termination option clause? (Florida)
18 September 2018 | 3 replies
Maybe not.As @John Thedford mentioned, it's quite common to include a similar "terminate on sale" clause in leases.
Sherry Norman
Online real estate auctions-another thing to hate about them
20 September 2018 | 8 replies
Turned out after I pulled preliminary title work, and had my surveyor look at the public records, the driveway that was supposed to be included on the property had apparently been deeded away.
Derek Luttrell
Buy or Don't Buy in Q4?
19 September 2018 | 3 replies
If anything, include 3 months of vacancy in my acquisition costs, and reflect that in my offer.
Kevin Tacher
Clear Title VS. Marketable Title
18 September 2018 | 2 replies
So if you have plans like this you better include some contingencies beyond curing title defects.The term "clear" usually means free and clear, i.e., no mortgages or other liens.
Tim Brown
Asked for pic of license before sending Rental address
18 September 2018 | 3 replies
However, I include a request to not walk the property prior to our showing appointment out of respect for the safety and privacy of my existing tenants also living at the property.Maybe a RE agent out there has another angle as to why they would be so intrusive about the ID up front without at least some inside pics and an amenities list.
Mary Mathers
Dishonest Disclosures in TX and Advice for a Greenhorn (me) Plz
18 September 2018 | 8 replies
In most states, including TX, the owner must disclose the inspection to future buyers, by law, so he/she loses and the future buyer gets the benefit of my hard earned money.