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Not my first REO but my first through Wells Fargo. .. pita... noticed the normal mold disclosure but this also said chinese drywall.... does that mean somewhere in this house there is chinese drywall or they are CYA?
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If I'm in the wrong forum, please tell me where. This is a problem which is going to turn into an epidemic, imo. If you haven't heard about it, you will. I've spent the last week in FL making offers on homes. I've act...
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Has anyone hear been caught out with this stuff? I just got offered 44 homes in Florida but it turns out they all have it....
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $145,000
Cash invested: $20,000
Sale price: $300,000
House had Chinese drywall, updated bathrooms and kitchen, ...
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Any lenders work with buyers of homes in need of remediation from confirmed Chinese Drywall? Looking for funding options to assist with purchase, or borrow to remediate, or to to pull out equity post remediation.
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I joined BP a couple of months ago, mostly to get around to asking this question. How to approach this problem has been rattling around in my mind for about 3 months now.
I've been a small time landlord for about 28 ...
This article is mainly about Chinese investors in the UK, but let me tell you that they are here in the US as well. According to the article, investors from China and Hong Kong make up 11% of all UK sales.
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So, with China starting enforcement of their 1993 tax code, which requires Chines citizens to pay taxes on any overseas income and declare overseas investment, I wonder what the effect will be on the Westcoast housing...
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Also another 8.5% drop just today.http://sandiegofreepress.org/2015/07/chinese-stock...http://www.cnbc.com/2015/07/09/will-chinese-buyers...From the articles:- Chinese are the largest foreign buyers of US housing.- Ch...
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I know a lot of folks in China are looking to get their assets secured in the US, and I see deals all the time that American investors may not jump at that would fit international buyers' criteria perfectly. The probl...