My wife and I are approaching 2 years of ownership and use of our only home as our primary residence in which case we should qualify for full $500 exclusion of capital gains upon sale. The problem is she is not on the...
So I am having a good time flipping short sales using my option agreement and suddenly I have my first lender throw a monkey wrench in my closing because of seasoning. Okay so I thought that dodging FHA like the plagu...
Looking at making a cash offer on a property. How should I set up the timeline on the purchase offer? It should be able to move faster than if I had to obtain financing but want to make sure I have enough time to ge...
Hi would anyone happen to know the way I should go about closing a short sale deal in Massachusetts? Should I use a lawyer to close or a title company here in my state? I'm hearing that in Ma you MUST close a short sa...
WISCONSIN MARKET
According to the Wisconsin Realtors Association (WRA) Wisconsin Housing Stats, August 2023 report, there were less sales and higher prices compared to the same time last year.
The median sales pric...
Listing states: maintenance has been deferred for long time, needs a roof, and A/C. I would like to buy as my primary residence. Also I would require financing. My thought is to work with listing agent and see if I ca...
Hello all,I recently went to buy a short sale property that was advertised as a "Fully Approved Short Sale". The house is financed on an FHA mortgage, and is being sold as part of a bankruptcy. The seller's agent said...
I'm planning to sell a single family rental (5 yrs now) in CA and do 1031 exchange.- At what point do I need to make the election to do 1031 exchange? How much time prior to sell?- As I understand, part of the sale pr...
I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.
Here are my questions:
1. Is the realtor the one who negotiates the short sale...
I focus on commercial and haven't completed a residential short sale in about 4 years.
Me and my other broker friends I have been talking to recently are mentioning they are completing residential short sales on the ...