Tolun Ozarslan
Can seller terminate contract due to environmental defects in IL?
Can the seller terminate contract due to environmental defects in ILLINOIS?Following a mold inspection, we (buyers) found out that there is mold in the house. After we gave our Inspection Response, the seller;- first,...
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Need help on next action
I am meeting with someone who is going into foreclosure. After I talk to her, how would I make sure another buyer comes in to take the sale? Is this done by putting the property under contract? Would an Option Agreeme...
Chad Bilstein
What would you do? Any advice?
so I have this deal, it looks great. commercial Property in Denver. it is a warehouse with an existing tenant. the business is a legal grow oporation. the asking price is 1,025,000. the monthly lease is $12,000. ...
Mike Landry
townhouse deal
Found my first motivated seller but I'm still on the fence on the numbers. I know it's a good deal for the area but...... For a rental. 2 bd 2.5 bath townhomes (I think, 8 units connected) 1290 sq ftClass A neighborh...
Michael Balducci
Auction.com purchase fiasco
So I finally started my real estate journey back mid-summer....I found a local property on Auction.com and drove by to check it out - decent neighborhood, vacant, and didn't appear to be in too bad of shape. So I wen...
Contrella Dixon
Broken Sewer Pipe
Purchased a home 9 days ago. On day 7 we noticed sewer coming out of the clean out. The house we purchased was in an estate. From what we can gather the house has been empty for over two years. Who is responsible for...
Sylvia Grimes
Wholesaling and Owner Financing
I have a wholesale deal which needs a complete rehab. Its most likely a buy and hold deal for an investor with a 12.8% cap. I've been getting a lot of offers from people who have inquired about owner financing on ...
Alan Negrete
Attorney & Title company for Subject To
I'm looking at doing my first Subject To deal. Do you guys recommend any attorneys and/or title companies in the Des Moines area that are knowledgeable in this?TIA!!
Robert McEachern
Depreciation Recapture in Seller Financed Transaction
Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
James A.
HELP - Your Suggestions??
Hi there,Question to the forum. I've a got a distressed seller who has been given the option to either short sale, deed in lieu or catch up on payments (worth around $16K to catch up). Bottom line he wants to short sa...