Most banks will not allow you to re-sell a short sale for 90 days (the anti-flip clause). My question is, what counts as "sell"? Is it when I list the property for sale on the MLS, get an offer from a buyer, or actual...
I recently drove by a distressed property with an agent's sign in the yard. I pulled it up on the MLS and it seemed to have potential for a fix & flip, so I called the agent and scheduled a showing. After seein...
I’m facing a situation with the property. Have you encountered instances where it looks like occupants are unwilling to vacate a property for sale, but attorney-in-fact who is selling property is assuring that the pro...
Hi,I have a property that I am supposed to close on Monday, but apparently the owner hasn't been paying property taxes on it, and it has been seized by the tax authority to be listed for sales. Has anyone experienced ...
Since I'm in my very early stages of building my real estate portfolio, constantly I'm thinking about the way of optimal expansion. Of course this means that I have to have in place an aggressive but at the same time ...
My husband and I recently decided to make an offer on a short sale property. We submitted our offer on January 11th expecting full well to have to wait awhile to get any sort of response. We were notified on the 14th ...
Mass Closes Sales Single Family Stats for August 2023: market is parallelized. Media Sales Price: $630,000, +5.18% yoyClosed Sales: 4,086, -22.50% Yoy12 Month Closed Sales: 40,562, -22.71% YoyYTD Closed Sales: 24,9...
What are the factors to consider when deciding whether to ask the seller to pay for closing costs or just boosting the offering price to compensate.
Sample deal:
Offer 1- $515K, each party pays his own closing cos...
so I want to do my first 1031 exchange. I have a 2 bedroom SFH that I have paid off and is worth between 92-105k. It is only making me about $625 a month after taxes and insurance. So it's a very low performing invest...
We did a cash out on an investment property for 375k and now we are trying to sell but have just been informed we need to pay off the loan in order to do a 1031 and avoid capital gains. Is there any alternative to me ...