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Does anyone know if you have to pay documentary stamps on properties that you take "subject to" existing liens?
My attorney is advising me that I must pay doc stamps on the amount owed on the existing mortgages if a ...
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Hi BP community!
I have a property under contract that has a lien from 1976 that has not been recorded as satisfied. House was sold in 1978 and then again in 1985, and I am purchasing it from the heir of the person w...
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Hey all, long story short I bought an off market duplex in KC Missouri through a wholesaler. The wholesaler never gave the title company the tenant leases, so the closing documents didn't include pro-rated rent for th...
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Hey, so me and my spouse want to start our own Property Management Company. My Husband is a Licensed Realtor but I am not. Are we able to start the business with his credentials or would I have to become licensed myse...
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We are first time landlords after purchasing a duplex this past April. We moved in to one side and have been renting the other unit. Our residents gave us a 30 day notice last month and will be out 12/10. I scheduled ...
Purchase the property with leaky oil tank.
The sellers were originally going to rememediate however my attorney suggested we accept $20,000 (cost of remediation) off sale price, use the sellers contractor and close...
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I am a non occupying coborrower, on a rate in term refi, attempting to purchase my first home. The issue I am running into is lenders having an overlay requiring 12 months of payment receipts in order to dismiss this ...
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I'm planning on purchasing an investment property in the range of 30K-50K, instead of using my capital looking to borrow from a private money lender. This private money lender is an investor with many properties and i...
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We have a situation with a personal purchase that we were going to make. There was a financing contingency for the purchase. The lender we were going to go with made a mess of things and we were not able to get an a...
I'm practically new to this forum based website, but I see how one can take advantage of it to gain some knowledge. So as a general question to all, where do you guys go to get your legal documents such as Agreement t...