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Has anyone had any luck with being able to use their title company of choice when purchasing REO's?
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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...
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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...
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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...
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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...
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What contingency would you use in this situation?
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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...
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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...
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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
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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...