Ameer Eddin
Primary Residence vs. Investment- Refinance
I'm hoping I can get some feedback on what constitutes a primary residence for underwriters on a conventional loan. I have a friend that asked for advice on refinancing her first home which was purchased 2 years ago w...
Rob Beeman
Do Landlords Need to be Lead Safe Certified?
According to the EPA (the agency that enforces the new RRP Lead Safe Law), any Firm or Individual who disturbs 6 Square Feet of interior space of a property built before 1978 for PAY, must be trained & certified.
...
Lois Walker
Big loss on lot - what's deductible?
I'm selling my lot at a huge loss but can I also take my years of property taxes and HOA dues, mello Roos fees, architectural plans etc. etc. etc. ? I have a large gain on a condo against which the losses would be useful
Nathan Frost
Personal Loan or HELOC
Hi, where is the best place to get a personal loan for about 20k? Need to pay off two high interest credit cards. Also, who does HELOC loans? Comerica told me this but not sure it is right.Hi, I am a title speciali...
Julia J
Census
Hi,
I have an unsusual question, I don't know if anyone else has been in this position before.
Somebody from the Census contacted me and said that he needed information regarding the tenant that has been in one of m...
Arlene Butler
No rental license, tenant will not leave
Hello all! I’m working with a homeowner right now who is looking to sell but the tenants are giving them a hard time. They have no rental license and have been on a verbal agreement for rent. Now the homeowner is stuc...
Catherine Coy
Greetings from behind the Orange Curtain
I'm from Huntington Beach (Orange County), California, where the RE is expensive but it's sunny all the time. :-)
I'm a mortgage broker with 17 years experience, a credit repair expert, landlord and now short sale n...
Kat Hussey
How does one run 'Rental Comps'?
How do you run rental comps when you're analyzing a potential deal? I'm new and don't know the area well enough, so I have to look it up, but I don't know where to start in that respect. Do you have any specifics metr...
Bill S.
Asbestos in property to be demolished
I have a property that I am selling that will be scraped for the land. The buyer has tested and found that it has a small percentage of asbestos in some of the texture. They did about 30 tests in the 1,100 sq ft prope...
Lindsey Matejak
Chicago Lease New Flooding Disclosure Questions
Hello, can any Chicago lawyers or property managers shed more light on the new flood disclosure requirements on the RLTO? Specifically, what qualifies as "flooding" to be disclosed. If I have a garden unit in a Zone X...