Rich Riesmeyer
How necessary is title ins.??
Hi folks. I finally found my first rental property. It is a single family home in a subdivision, about 35 years old. It is a HUD property. All cash deal, $52000. This being a HUD home, in a subdivision,...
Bill Gulley
DEED IN LIEU OF FORECLOSURE and PRE-ARRANGED DEED AGREEMENTS
Here is a current link to issues of deeds given for the cancellation of debt. While it is written for legal eagles, I suggest you read it carefully as to federal case laws cited and the issues faced in lending.
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Justin Wing
Short Sale Legal Advice
Hello all,I recently went to buy a short sale property that was advertised as a "Fully Approved Short Sale". The house is financed on an FHA mortgage, and is being sold as part of a bankruptcy. The seller's agent said...
Denise Shannon
Your Thoughts on Trustee's Sale?
I am interested in knowing what your thoughts are on Trustee's Sales...."Court House Steps" properties.
It must be all cash. ( or cashiers check)
You can do your research prior to the sale.
Plenty of inventory.
Wh...
William R.
Double Closings and City Inspections
So I happened to get a non-assignable property under contract for 42k that needs 18k worth of work that can be turned in 90 days for 120k with solid comps in a desirable area. Super duper excited right...
Problem is ...
Tara G.
Owner signed lease one month before auction
We bid on a SFH atthe courthouse and are the highest bidders after the ten day upset period. In the meantime, we did our research and figured out that the owner moved out in June this year and has a tenant in the home...
Michael Miller
Drug Use by Other Tenants; Used Syringes Discarded in Common Area
I own a condo in a gentrifying neighborhood that has taken an ugly turn due to Covid and a high-profile police brutality case nearby (think BLM). I have excellent tenants in a complex of 12 units. It appears there's a...
Byal Thomas
I Think My Landlord Violated The Landlord Tenant Act?
My landlord charged us a security deposit of 1.5x rent + First and Last months rent (clearly this is more than. 1.5x rent) is this viable to sue? Or is this a loophole than landlords use to uneducated tenants? Thanks ...
Shelli Brown
Landlord refuses to fix major problems
I don't know where to turn. What to do. Or what my rights are. But my landlord refuses to fix major problems in this house. He said in 2014 the roof was going to get done. Never happened till this day. We contacted hi...
Gregory Jimison
Help! Nightmare Experience.
Hired a contractor to complete hvac work. He said the work would be completed within 2/3 days and he is still not finished, it's been 19. Paid him for the materials of one unit (apartment building) and he did not even...