Corey Liepelt
option period on a letter of intent
I have a seller who is interested in selling their property via lease option, which I intend to assign. They don't expect to have their things moved out until the end of March, but obviously I would like to get the de...
Robert Obniski
Buying foreclosure during 6 month redemption period
I am purchasing a home that is off-market. We close pretty soon and I just found out that there is a foreclosure judgment on the property. The seller says the sale of the home will take care of that balance.And I foun...
Ken Martin
Inspection Period - Leases Not Up To Par
Hi BP community, I'm currently in the inspection period on a small multifamily property, and i'm finding that many of the leases are on a month to month basis, some don't have security deposits, and one tenant is actu...
Devin Harris
Transition period, getting close to crunch time
Hello, My name is Devin. So here’s the deal, I’m about to transition out of the service, I intend to jump into my first rental property upon moving. I am currently looking at a duplex/4-Plex as my first investment. I ...
Adam R.
Why sell at discount during redemption period?
I have a lead on a recent tax sale in Rhode Island. The current owner has a 1 year redemption period. The tax bill is significant.
My question is why would the owner want to sell to me at a great discount vs listing ...
Sharon Rayko
access to empty house during redemption period
We just purchased a home at a sheriff's auction in MI which allows a 6 month redemption period. The house is empty, the homeowner has moved out. While the electricity is still on, the water has been shut off. So fa...
Sharon Rayko
Real estate tax payments during redemption period
Who is responsible for real estate taxes between the time of the sheriff's sale and the end of the 6 month redemption period?
Branton B.
Seattle-Tacoma Lenders flexible on seasoning period
Curious if anyone in the Seattle/Tacoma area has come across a local lender who may be flexible on the 6 month standard seasoning period for convention mortgage cash out refi's. Thanks,
Bara Nwokoma
Texas- 2 Yr Redemption Period-Homestead Property
Quick question:Let's say I successfully purchase a property at the Sheriff Sale, this property has a homestead exemption.In Texas ,if a property has a homestead exemption or is deemed agriculture land, the redemption ...
Matthew Terry
90 day holding period for cash buyers?
Hello,I'm a newbie here and I was trying to find the answer to this question but I have been unsuccessful. I was wondering if there is a 90 day (or any day) holding period for real estate cash purchases in the state o...