John Franczyk
HUD Home Questions - Extensions
I've been watching a HUD home that's up for auction at a shade over $90K. It was originally listed on March 16 with a near-term projected closing date for the listing. To my knowledge, nobody put a bid in on the house...
Vik C.
If I have homeowner's insurance and umbrella insurance, how badly can I get burned?
Let's assume I have both homeowner's insurance on a SFH rental as well as personal umbrella insurance. The SFH is owned in my name, not via LLC. Let's assume my umbrella policy covers me up to $10MM in liability, just...
Mike Nelson
Hud Homestore confusing me!......
Sorry guys, had to resort to asking some rather simple questions about HUDHomestore since I spent several hours online with no luck. The first thing is the listing period for investors, the website says it goes into ...
Ashish Chadda
Offer was declined by redfin agent
Hi, I put an online offer but it same declined by redfin agent. Eventually that house was sold for 10k less.can I take any legal action against redfin
Joseph Calabrese
Buying out half a house
My in laws have a 4 BR in a rapidly appreciating area on the outskirts of the DC metro area. They want o move to Florida and don’t have enough capital to keep that property and buy a new place. I want to buy 50% of it...
Rich Gallo
Right of first refusal? Any advice?
Hi All,I know a family friend who is older and wants to sell soon. I know about the right of first refusal contract but don’t know ins/outs. Any advice on how to approach the situation by getting ahead of when the per...
David Kim
What kinds of things to look out an exclusive sales listing agreement?
Hi folks,I'm looking to put my commercial property on the market. I've never worked on selling one before. I've been talking to a commercial real estate agent, and they sent me a sample of their contract.Is there any ...
Raymond Hill
Receiving Rents from Tenants
Hello BP Community,I wanted your input on receiving rent each month per tenant. My fiancee and I currently live in a tenement and we drop a check in a lock box each month. However, I like the exclusivity of having the...
Sean Dezoysa
Fix and flip on tax deed properties
Quiet title is often needed to fix title chain. Takes 4 - 7 months or more, slowing things down dramatically. Do you guys have any ideas for dealing with this with retail buyers? I doubt banks will allow forgoing titl...
John Powell
HUD counter offer help!
I'm bidding on a HUD foreclosure I bid a net to them of 55,250 as an owner occupant during the owner occupant period. I then got this back from them:
However, HUD has initiated a counter offer process on this proper...