Adam Walter
Buying first land contract through Paperstac
Hi Everyone,I'm in the process of buying my first Land Contract through Paperstac and had a few questions. The property is in Ohio, and I have a house a block away and drove by the property yesterday. Everything loo...
David C.
Has anyone successfully used a Land Trust to avoid Transfer Tax?
I unfortunately live in a State that charges a 2% transfer tax for any title change (even between "sister LLCs"). I have been looking at a Land Trust as a way to avoid this. Has anyone used it successfully for this ...
Phillip Vaughan
Michigan Land Trust VS Seller Finance for Deed
I need some help on Land Trusts in Michigan. Is a Land Trust the only way to do Seller financing in Michigan? I would rather control and hold title if buying property with seller financing rather than doing a Land Tru...
Derrick Lu
Closing Attorney does not offer Land Trusts
Hi. My agent informed me his closing attorney does not do land trusts and we close later today. What would you do in this situation? This is a cash purchase, can I transfer to a land trust later on? What are the ...
Tim Braun
Purchasing a small mobile home park via. land contract - need some advice
Hello all, hopefully this is the right place for this. I am considering purchasing a small mobile home park (6-11 pads) on a land contract. I'm addressing the site details on a different post, so I was hoping to get s...
Lilly Fang
buy property on subject to question
Hi, I have a wholesaler approaching me with a subject to deal with. Here is the number:take over $285000, 2.5% mortgage; $70,000 lien, 0%; $35,000 lien 9%;My out-of-pocket expenses are $40,000, and my rent is $2500. T...
Ben Pupa
Selling a house, but I can't "clean" the title.... I BOUGHT IT CLEAN!
Hi all, I wasn't sure whether to post this in Legal or Buy/Sell, but I'll be grateful for any advice you have. in 2019 I purchased a property (survey map refers to it as "7B"). During the title search, it was determin...
Loc R.
Banks won't lend to Land Trusts anymore?
So, I just went into a purchase agreement on a 4-plex. For those of you that have followed my posts, yes, this is the one with the large lady. However, I have run into a new problem.
The issue is that I want to tak...
Bingji Wang
Got DECREE CONFIRMING SALE from Court of Shelby county, Tennessee
A few days ago, I received the above court file of a vacant land I won at a tax sale in Shelby County, Tennessee.I searched on Zillow.com, this parcel of land seems only worth about $5000.I already spent $1900 at the ...
T Whitfield
Paying Cash for Land - Legal Steps
Buying a small plot of land for the first time. We’re deciding between two plots: one is privately handled and is $25k, the second is handled by a realtor and is $28k. We’ll be paying cash. Seems pretty straightforwar...