Charles D. Smith
Review Title Policy Exceptions
While many CRE investors rightfully rely on their attorneys for reviewing Titles, it’s never a bad idea for investors to lay their eyes on any Title Policy exceptions to ensure there is nothing in the title that could...
Oleg Malkin
HCAD (appraisal district) exceptions
Bought a property last year in Houston that previous owner had the over-65 exception property tax on. Obviously makes a big difference on property taxes (close to $4k in my case). District still has not updated owner ...
Phil Z.
title insurance general exceptions
I am reading through schedule B of a title commitment. The general exceptions are listed below. People often talk about the importance of title insurance, and citing examples of an unpaid contractor placing a new lien...
Brian Evans
Exceptions with an underwriter
Hello,My wife and I are applying for our first house. We have been pre-approved and have put an offer on a house. We have no debt and good credit. My question is how likely is it that we would get our exception approv...
Matt Kvalheim
Lenders - Delayed Financing Exception
Hello,I purchased a property for cash last August and put about $30K into it for rehab. It is now rented and I want to refinance to pull cash out. I was going to wait a full 12 months in order to get a new appraisal...
Michelle Smith
Recognizing an exceptional agent
https://www.har.com/tanja-vargo/agent_tvargoHi everyone!I recently purchased an investment property and as I was adding the property to my BiggerPockets account there was a follow-up question that asked, "Did you work...
Randall George
VA loan waiver exceptions
Hello, I recently made an offer on a duplex that I intended to owner-occupy as I would be using a VA loan. I later found out during the middle of the deal that the owner signed a 1 year lease agreement for each of the...
Allende Hernandez
Homestead Exception and Lease/Options
Hi guys,
What are the risks involved in offering Lease/Option or SF to someone with Homestead Exception in their property?
I would think that if they figure out, the taxes would go up to the ceiling. That something ...
Tariq Rushdan
Exception to 5 year minimum
Hey Guys, I have been trying to formulate a strategy in which I can rollover funds into a Roth IRA and withdraw my money to buy some investment properties. The problem is the IRS wants you to wait 5 years from the in...
Hen Ley
Exceptions to the 2% rule?
I'm looking at purchasing a single family home as a rental in the ski/resort town of Sun Valley, ID. Based on the asking price, it falls short of the 2% rule, instead coming in at about .5%. I know their are some ex...