Matt Jones
What happens if I don't move in Fannie Mae Property in 60 days? Bought as an owner occupant.
I bought a fourplex from Fannie Mae about 60 days ago as an owner occupant and I have yet to move in. I do plan to live there but I've had two contracts fall through on my house and I have a flip that is taking longe...
Brian Osgood
Short sale done, received letter from attorney
Hello all,
So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...
Sassy Dlynn
LLC
My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that...
Gary Fritz
Does last-minute addendum to closing paperwork have any force?
My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...
Gary Wallace
Rental with no working oven or stove
As a landlord, how much would you expect to credit your tenant if the oven and stove stopped working and you couldn't replace it for 40 days? The tenant is a family of three and has to order out or dine out almost eve...
Joel Ortiz
Does anyone ever buy with a QUIT CLAIM Deed
I've received some lists lately of bank and privately owned property that has two different pricing on the sheet... warranty deed and a drastically reduced price for a QC. I was wondering if anyone ever buys with a qu...
Holli Phillips
Sold a house on contract and now buyer isn't making payments
This past August I sold an investment property to a lady and gave her 2 months before she had to start making payments. She put $1200 down and have only received one monthly payment of $600. As of Jan.1, she will ow...
Scott Smith
Legally taking property for no money:creating title by mere possession
Adverse Possession Under Texas LawJust because a property has a defective chain of title doesn’t mean you should rule it out right away. Adverse possession can clear title by merely occupying it for enough time. As an...
Mark Burik
Nightmare in St. Petersburg. Seller wants to sue.
I've been busting my hump trying to get my first deal. I put the earnest down on one but after inspections found it would cost an extra 40k so I pulled out. Now I've got a golden egg. Buying a great condition house fo...
Vickie Bruce
Leftover belongings after lease ended 3 weeks ago
My tenants moved out at the end of the month because I would not renew their lease. Problem is that they left lots of things that they say they want, but have not come back for. New tenants are asking what to do with ...