Dave Verza
What disclosures are needed for vacant land? (CA)
Hey Everyone!I know In California for residential properties you need a transfer disclosure statement, lead based paint, natural hazards, etc...but what about for vacant land?
Julie Berks
Agent Disclosure Question for Out of State Investing
I am considering the option to obtain my Colorado real estate license to be used as a transaction coordinator. It seems like most brokers require their TC to be licensed. However, can anyone tell me what the disclos...
Jobee Vincent Buenaventura
Cash-Out refi disclosure very different from estimate?
Hey everyone! It’s my first time nearing the end of the BRRRR cycle and I got a rate of 2.75% with an 80% LTV FHA. I am to be given a cash out estimate of $40,000 at closing, with a new mortgage of $2,400/mo.Now I’m d...
D'Andre B.
Underwriting requesting closing disclosure from a previous deal
Hello BP community, i'm in the final hours of a deal and underwriting is all of a sudden requesting that I hand over the closing disclosure from a deal that I closed 5 months ago. Has anyone ever experienced this? The...
Michael Dunn
Another FHA " Property Disclosure " .... NOT meeting FHA minimum
I was browsing around today , through various properties that are listed on the HUD website in my area, and I came across a property that is in a nice location, looks to be in good condition both exterior and interior...
Ian Ian
Tenant Not Signing Lease & Lead Paint Disclosure
Hi there, I rent rooms out in my house which I also live in.I recently had a new tenant move in as of April 28th.When tenants move in I usually have them sign a month-to-month lease right away or if not [conflicting s...
Martin Guerrero
Things to look out for on closing disclosures
Are there things to look out for and or any fees that may not apply or should not apply on investment properties when reviewing final disclosures and working with a mortgage broker?
Account Closed
Termite discovered during inspection. Wasn’t in seller disclosure
Termite infestation was not in sellers disclosure but was discovered during the inspection. Seller agreed to treat, but I feel like I should ask to lower the sales price because I will have to disclose previous termit...
David Sicherman
Lead based paint disclosure forms for wholesale deals?
I recently heard a few people in my investor group talking about the necessity of having seller sign a lead based paint disclosure form when they sign the contract. Does anyone have form we could use for the state o...
Brandon Snyder
Questions about "Disclosure Regarding Real Estate Relationship" form
I'm taking a Real Estate Principals class at UCLA Extension and I'm studying for the midterm. In my textbook there are samples of contracts, and I'm reading them through and through, even the tiny print on the back, ...