There were some interesting stats in this month's "Hawaii Realtor". I realize they do not accurately reflect all markets, but nonetheless I feel they illustrate an important point.
Currently, we have approximately 20...
Hello BP,
I recently got a property under contract that is a short sale. Just wanted to hear from some BP'eea on how long it is taking to get bank approval these days?
I would love to see everyone's thoughts.
The sales figures for Q3 2018 are out. As compared to Q3 2017, here's what they say:Median Sales Price: $552,500, up 10.5%Average Sales Price: $741,561, up 1.9%% of Original Price Received: 100.1%, up 0.1%Homes for S...
Hello,I'm currently selling a property and will be utilizing a 1031 exchange. The property will close in 2 weeks. I have found a new property that I want to buy with the 1031 exchange. Am I allowed to put an offer ...
Hi All,
In November we put an offer on a short sale house. Recently the listing agent said it was approved in the online system, although we are still waiting on the approval letter.
We have an inspection coming up ...
The program required half of the profits from the sale be paid back into the program. A check was wired to the county at closing by the settlement company. Do I add this payment to the closing costs? The 1099-S I was ...
Hello my fellow mates,I am very new to real estate investing and I'm still in the early learning phase. After a few weeks of research I have decided that I want to start my investing career with wholesaling. Fortunate...
Hello,I have recently closed on my first rental property and am super excited on this huge step as an investor! I am now looking to find tenants and was looking to Zillow to screen and find tenants. However, it won't ...
"CoreLogic Expects Short Sale Fraud Prevention Tool to Catch On"
http://www.biggerpockets.com/links/6844
Excerpt from this link:
To prevent short-sale fraud before closing, the new tool matches loan details against...
You have a mess, you should never have leased the property with a tenant being responsible for maintenance and repairs.
It could be assumed the home warranty would be provided at closing, not at the time of a...