Cooper B.
Offer strategy for a hot deal on HUD homestore
I'm hoping to get some quick advice here. I'm going to submit an offer on a HUD home today on behalf of a client who will be an owner occupant. Today is the last day of the exclusive listing period for owner occupan...
Moe Williams
Should i go about getting a deal this way?
Hey Guys,I have a question. I would like to avoid putting a property under contract and having to back out if i cannot find a buyer. I know i may lose some deals , but being a upfront and honest will help my RE busin...
Tamarra Banks
What to do if seller wants out of already signed contract?
I think i see my first deal going bye bye.I already have a signed contract and my time period to find a buyer is not up yet. The seller wants to now sell property to a family member. He says the family member has titl...
Brandon Snyder
Understanding Title Insurance
Hey all, thanks for looking into my forum question. I appreciate it.I'm taking a real estate class at UCLA. It's a good class with a good teacher, but the textbook doesn't provide much context. That's where I'm hop...
O'brian R.
Working with RE Agents
Just want to preface this by saying this is my first time working with any real estate agent so I'm wondering if the relationship I have with my agent is typical or not. Additionally, I'm investing from out of stat...
Gina Worsham
working with a realtor
I recently contacted a realtor to look at a house. In order to submit an offer on the property I was looking at, she wanted me to sign a contract stating I would buy and sell only through her. Does anyone do this?
Joe Bell
rental to primary residence
so i own two houses one that i have rented for 15 years and one that has been my primary residence for 7 years. i want to move into the rental property to claim the $500,000 (I'm married) exclusion over 2 years. my q...
Mike Bonadies
"Exclusive Right to Work-With Agreement" question
Hi fellow BiggerPocket colleagues! I'm very new to real-estate investing and I have a question about Real-Estate Agents and "Exclusive Right to Work-With Agreements." The other day I met with a Real-Estate broker in B...
Nick Louie
Buyer Agent's Commission Fees
Hi BP Community,
I was wondering whether it's customary (in your respective communities) for a first-time home buyer to work with a buyer's agent and agree to exclusivity for 3 months and to pay the agent 2%. In this...
Mia Edgar
Tax on Capital Gains
I need some quick tax knowledge. I've currently accepted an offer of $760,000 on a property with a $655,000 loan. My real estate agent is getting 5% about $38k so I'd have $64,000 in capital gains. How much of tha...