Michael Baum
VRBO new host cancellation policy goes live
Whatever VRBO feels is an avoidable host cancellation will now cost you $50.https://help.vrbo.com/articles/Partner-Cancellation-Fee-Poli...
Emily Fraser
Insurance policy cancelled due to exterior paint
I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
Tralecia K Young
Canceling a purchase agreement without an inspection
I recently just viewed a property that I was interested in and made an offer and my offer was excepted. My realtor made me waive my inspection due to the market being so competitive. I have a mortgage contingency as w...
Jackie P.
Tax Implications of Flip and Option Cancellation
1) Investor 1 takes over a house subject to a 65K balance and 3K back payments. Deed executed between seller and Investor 1.
2) Investor 2 puts a 1K option on the house with Investor 1 at a purchase price of 75K.
...
Tim Jones
Broker dies & agent wants to cancel
Hi everyone!
So I have a signed PA and have been waiting for negotiated repairs to be made. It's been a lengthy escrow as the seller didn't read the repair list well (speculating here) & finds himself spending m...
Gabe G.
insurance question on rentals, recent cancelled policy.
Don't know if I can mention the company. But on my most recent acquisition which I closed on 2 weeks ago. I got of course insurance on the property. The insurance has been paid, late last week, I get a cancellation...
Ashish Wa
Canceling the PM and self managing it
Hello,my property was recently rented and I was using a virtual PM, but I was doing everything myself. They could only help in some touring and then drafting the lease and get it signed. Tenant mentioned he would rath...
Chris Campeau
MA Rent Cancellation Bill Other States Beware
If you are not aware, Massachusetts has both a House of Representatives and Senate bill that if passed will likely be devastating to small landlords. The House of Representative Bill is HD.5166 and the Senate Bill is...
Account Closed
Insurance Creates Policy During Escrow, Cancelled Immediately
I just bought a triplex in Oakland, built in 1917, my plan was to rent out the 2x 1br's downstairs, and owner occupy the 2br upstairs.I got a quote for insurance through an large agency, and a policy—and we were able ...
Heshan Abeywickrema
can a landlord cancel lease after signing?
Hi all,I signed a lease for new tenants starting (7/18). There were a few question marks in the application but i decided to approve since both of the applicants were teachers and the one of them had a teenage child. ...