Roselyn Williams
Wholesale JV Deal and taxes
There are two separate LLC's involved on this wholesale deal. When the closing was done, the full assignment fee was issued to 1 out of 2 wholesalers. On the HUD settlement the full assignment fee was issued to the sa...
Aaron Rowzee
Making public the purchase price
I've recently purchase an investment property that was purchased for "$10" according to the title paperwork sent to the Appraisal district. In Texas the purchase amount does not have to be disclosed, apparently. Is th...
Jonathan Salcedo
Buying first property
Ok guys trying to find some guidance my mother is moving back to Colombia and she offered her house to me for what she owes to the bank and that is 57k the house is probably worth 70, I'm tryin to figure out what woul...
Robert Sutton
Lender wants my buyer to obtain a old hud-1
I have a buyer whos lender wants a copy of the HUD-1 on a house that was sold in 2003. They don't recall the agent or the title company because it was so long ago. Does anyone know how to get this, and why they would ...
Corey Palmer
Buying a home with a second mortgage on it
I have an offer to purchase a home worth 80,000 right now but the homeowner has a second mortgage on the home and still owes 60,000. She wants to sign the home over to me but I am not sure how the second mortgage proc...
PJ M.
Does the MLS used in Philadelphia show both Agencies?
Does the MLS that is used in Philadelphia show both sides of a Real Estate transaction? I believe it shows the listing agency. After settlement does it get updated to show who represented the buyer in the transaction?
Account Closed
Tax issues when buying over a new year
I was wondering how the tax deductions work when you have an inspection and appraisal in December but close in January. Should the appraisal and inspection be deducted in the year they where done or the year when t...
Carrie Virginia
Foreclosure in Indiana
How long does it take to execute a foreclosure in Indiana? I know it is a judicial state, so I presume it takes a while. I am a note holder and am looking at my options.
Ekaterina Stepanova
RE lawyer and Insurance Agent in Philly?
Hey BP community!Can someone recommend me a RE lawyer and an insurance agent for a deal in Philly? I am purchasing a SFH and need their services.Thank you!
Arthur Willie
ASSIGMENT OF CONTRACT
Wholesaler has a property under contract for $65k the assignment fee was $25k making a total purchase price of $95k. I then rehab and sold for $132k. My concern is that the county recorder is showing that I purchased ...