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Results (3472)
Bruce Scannell Buying without representations and warranties
15 July 2016 | 8 replies

Hey BP...once again, I've come across an issue I can't seem to find much on.I'm currently negotiating the purchase agreement for a 26 unit property from an older couple who also have an older lawyer. They are gun shy ...

Steven Nguyen Estate Planning and Estate Taxes
6 December 2020 | 6 replies

With the current TCJA the estate tax exemption is 11.18 million (single) and 22.26 million (married).  Any estate in excess of these thresholds are taxed at 40% in CA.  For example, if you are worth 20 million as a si...

Mike Cartmell 50% Rule for Lease Options
25 April 2008 | 6 replies

If I purchase a house with intent of finding a tenant buyer to sell with a lease option, do I need to apply the 50% rule with this property. I am not planning on renting it, the term would be 1-3 years. The potentia...

Johnny Quilenderino Sold my house now I am being sued ...
30 September 2017 | 15 replies

Good evening BP,I sold a house we owned for ten years a month ago. Great sell 35k over asking. We had to kick the tenants out one day prior to the sell and turn over the keys the next morning to the attorneys. Then th...

Timothy W. Federal Judge rules Insurance companies not responsible for Chinese drywall.
26 April 2011 | 14 replies

http://www.businessinsurance.com/apps/pbcs.dll/article?AID=/20101220/NEWS/101229993

I suspected this one was coming.

Now all they have to do is sue China. :roll:

Bienes Raices Confused about title problems on REOs
8 December 2010 | 6 replies

I used to believe that the title came clear with an REO, but after reading on here I see that's not the case...

My question is, is it safe to use the owner's policy & lien search that the bank's title company wil...

Christian Petrozza Landlord responsibilities and Legalities
2 September 2020 | 9 replies

I am attempting to rent a house and am currently in negotiations with the landlord. The house is newly on the market, and as I went inside, I realized the flip wasn't completed. Two rooms and one hallway still need dr...

Bill S. Asbestos in property to be demolished
17 March 2015 | 4 replies

I have a property that I am selling that will be scraped for the land. The buyer has tested and found that it has a small percentage of asbestos in some of the texture. They did about 30 tests in the 1,100 sq ft prope...

Tyson Mingo Questionable roof repairs for a “newby”
15 July 2022 | 10 replies

How would you respond to a counter offer where the seller wants to cover roofing defects with liquid asphalt?  From what I have collected from professionals is just adding a bandage to the situation and would void any...