Has anyone had any luck with being able to use their title company of choice when purchasing REO's?
Hi all,Here's a scenario my fiancee and I are in. Would love to have some insight if anyone has experience with this!We found a house that has an accepted offer on it, but that offer has a contingency that the Buyer f...
Happy New Year Everyone!This is my first posting on BP so I apologize if my terminology is not precise. I am seeking advice on a particular matter. My daughter is currently a Freshman at an urban university and I hav...
We recently accepted an offer to sell a property, and there is a 30 day "due diligence" contingency.Being that we are selling as a development opportunity to a developer, I'd like to know under what conditions the buy...
Hello everyone,I am wrapping up a 203k right now and the final draw is pending. My full 203k had a contingency reserve for 10%. My loan originator initially told me that this contingency reserve could either be put ba...
What contingency would you use in this situation?
Hi, all.Comments from any experienced investors out there would be greatly appreciated. Here's my situation:My offer of $168,500 on a foreclosure was accepted last week. The Seller is the bank, not Fannie, Freddie o...
I'm a realtor and own 10 units of small multifamily myself. I've done plenty of deals for investors and am familiar with the ins and outs of navigating offers on a smaller scale (1-4 units). Though, I'm about to write...
Our loan is 'conditionally' approved. So is it safe to remove the loan contingency in our escrow? Or not?! I know after contingency is removed our earnest money is toast.
Thanks
There's a guy in contract for a property contingent on the permits being approved. So he does not own it yet himself. I am looking to buy this deal off him. I want to go ahead and get a contract in hand to buy the con...