Enrique Ramirez
Went to an auction and found the the bank irrational
I went to an house auction over the weekend and when I got there found out the asking price the bank has set was unreasonable high. The price was at 95k for a property value at 100k (Based on similar houses in the are...
Dennis Gallof
How much sales tax is owed for leases that are 6 mths or less?
Due to new requirements in the city of Miami, I'm not able to rent
out my condo unit anymore as a "short term rental" because I'm not able
to get a "certificate of use (CU)" that states "lodging" versus
"residen...
Tim Silvers
Tax Implications of Seller Financing on rehabbed property
What are the tax implications for the seller of a seller financed property in which the seller purchased, remodeled and sold it on terms?Hypothetical transaction with easy numbers:1) Seller acquires property for $100K...
Account Closed
Pending Home Sales Slump As NAR Warns "Activity Has Stalled"
Well, nothing to see here, move along . . . (Unless you flip homes for a living)Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled"New Home Sales rose in May, Existing Home Sales dropped in May, a...
Account Closed
Reduce taxes
I am looking to buy a distressed property. I want to reduce the taxes before I buy it. Since it is only worth $50k when I buy it how can I get the taxes reduced based on this value in the most time efficient manner...
Account Closed
$1,300 PROPERTY TAX + $6,000 in 'SUPPLEMENTAL' TAX (LA County)
wondering why the 'supplemental' tax is so many times greater than the 'property' tax itself =[(shouldnt it be the other way around?)
Tai Bhattad
Voided Tax Sale - Alabama
Can someone shed light on the void tax sale stipulations in Alabama... If the wrong name is called at the auction, someone ‘forgot’ to have the property assessed in their name, deceased owners prior to auction are rea...
Nnaemeka Anyadike
Is it possible for rehab loans to be more benefit to seller???
I am in the process of trying to purchase a home and have a quick question. If you were to placed an offer on a home that needs a work after a bit of a bidding war. I still have yet to finalize the official offer and ...
Dave Madoch
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.I am trying to put together an argument to sell this property and buy a multi-family. We originally lived...
Geoff S.
Short sale listing price question
I have searched for an answer to this question but can't seem to find a response.
When a seller decides to list their property at an amount less than what it is mortgaged for, who chooses the original listing price? ...