What is escrow
We are working with a local bank to refinance our investment property. Our property is a condo located in a 16 unit complex. The HOA completed the required form for the bank and listed 7 primary residence owners and 9...
Hi BP colleagues, I purchased a property in Florida in Daytona Beach to be specific. I received the deed a few days ago, I noticed that it says Special Warranty Deed, can anyone tell me what is the difference betwee...
I recently received a judgement against an ex tenant and am having trouble getting hold of the tenant to be able to collect on it. The court issued a bench warrant against them since they did not show up to declare th...
Thank you for taking the time to read.I am in Southern Maryland (Charles County), and have been through the eviction process before. However, following today's hearing with my tenant, I am looking for some clarificat...
Hey guys, I was just notified by the bank (wells Fargo), that they can't approve the mortgage as the building (coop) didn't pass the review. They say there are not enough owner occupied units (40 units in total, 20 ar...
Wanting to know if anyone knows of a way to reduce ownership % in condo complex. I currently own 10 units in a 35 unit complex. Have 4 units under sales contract but finding difficulties in getting buyers financed. ...
I own a property (condo) with an estimated value of about $425KI currently own to the bank (Mortgage) $265K and therefore my equity is about $160K. My mortgage + Principal + Insurance + Taxes & Condo fees = $2,14...
From our Local MAREI team! The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlo...
BP,I have a 12 unit condo project that I delivered just as Lehman Bros and Bears Stern crumbled in 2008. Luckily for me, I am in the DC market and was able to fairly quickly turn it into a rental deal as we sold 6 of ...