Hi, we are in escrow on a property where a portion of the property/backyard is encroaching on the neighbor's property. The neighbor happens to be a developer who is willing to do the paperwork for a lot line adjustmen...
My offer on my first rental property was accepted today and I already have a tough decision to make.
The basic info on the property:
-Asking 139,900, they accepted 134,000 and seller pays closing cost.
-Triplex with...
Fixed-rate and adjustable-rate mortgages (ARMs) are two standard mortgage products.
A fixed-rate mortgage has an interest rate that stays the same for the entire loan term, usually 15 or 30 years. This gives borrower...
My team and I at The Grantham Group, are gearing up for our next real estate education series event. The topic this time will be on Adjustable Rate Mortgages (ARMS). We have the Assistant Vice President and Mortgage L...
Hey Bp,I have an adjustable rate heloc that started out with a super low interest rate when we first got it. It’s now up to 9%. Is it possible to refinance it with a fixed rate loan of some sort? One with a lower rate...
I talked to a few lenders that said they will only do fixed rate mortgages on investment properties. Is this pretty much true across the board, or are you able to find lenders that will do adjustables?
Thanks,
Asher
Hi, a friend is buying about 1000 sf of our neighbor's property(California) to extend their property line about 10ft so we can park a trailer. We want to come up with terms for the purchase contract. They don't want t...
The fixed rates I've been encountering have been a little higher than the adjustable rates. I know this question is a little vague, but how do I approach comparing the two? At this point, it seems like a gamble to try...
A quick question on subdividing land: how does it affect the tax on that land after subdivision?Example using fictional figures:We buy a 10 acre lot, taxes are $1,000We subdivide it into 10 x 1 acre lotsNo properties ...
Hi, I'm in the middle of purchasing my first flip and need to adjust the floor plan and I'm looking for any suggestions on software or even outsourcing, because of timeline. Any help would be appreciated. Also intere...