Jerryll Noorden
Double closing issues
Hello all.I am having a really hard time with my escrow company getting a double close done.They say that they need some release from the cash buyer giving them authority to let me use their money to "buy" the propert...
Dan Welch
Double Close/Funding
Hey Folks, I am looking to do some wholesale investing in Texas and I'm a total NEWB. If I double close and the buyer(C) is coming to closing the same day, would I be responsible for funding the part A-B transaction (...
Douglas Slingerland
Finding Closing Attorney
I am purchasing a house from my father. As such, we would like to bypass real estate agents all together. We are looking for a closing attorney in the area. I am new to this and not sure how to find a closing atto...
Kevin Nichols
2nd deal closed
The offer on my 2nd buy & hold deal was accepted today. I offered cash, but should I do a cash out refi after closing?Thanks,Kevin-------------------3 Bedroom/1 bathPrice: $37,800Annual Income: $8400 Gross ($7728...
Mark Phillips
Buyers Closing Costs
Hello,My agent presented me with this ($395 fee), which I signed, because I assumed it was a normal part of the process. Ive come to learn that it may not be. I close on the deal tomorrow and the mortgage company was...
Dante Nava
Wholesale closing process
Hi,
I've been looking for info in this, but in North Carolina, what does the closing process look like when you are in a wholesale situation. Meaning: I find a seller, they sign a contract that I then sell my...
Alex H.
Credit at closing
Hi everyone. I have a question to put out there. We are currently negotiating our first investment property purchase and have ran into a snag. The property is in need of some repair work, which totals an agreed price ...
Minna Reid
Sellers closing costs
Why is it that if I took out 162K three months ago, and am paying off Tuesday (I have made the May payment, and there was no prepay penalty), I'm paying back almost 164?
My lawyer said something about cause its an int...
Henry Washington
Double Close Contracts
I am trying to double close on a property I have under contract. What contract do I use for my potential buyer? Do I use a normal purchase and sale agreement even though I haven’t closed on the property yet? Or is t...
Eddie Ziv
Closing Jamaica style!!!
Here is a kicker. My wife sold her house in Motego Bay, Jamaica back in May of 2009. The house was finally closed last week - Yes, it took 11 months for a real estate transaction to take place!!!. Why? Apparently, in ...