Mark Hu
What does the legal description of property mean?
What exactly does the legal description of a property mean? Is it the Lot and Block survey system? I know it does not match the APN number, the lot number of the APN differs from the lot number of the legal description.
Maggie Smith
Time on market before selling?
Hello,
How long should you generally let a house sit on the rental market before selling it? It's a recently redone house, we've lowered the price, tried to advertise more, fixed a few more things. We're using a pro...
Ron K.
Advertising for rent on Facebook
I have been using Facebook to advertise rental vacancies. While I get a LOT of responses, most dont meet my rental qualifications and it can be very time consuming to weed through all the messages. Any help from tho...
Ben Vitale
Two offers mutually contingent
I'm not sure this even makes sense so here goes.
Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...
Account Closed
HUD Foreclosure - How Bad is This?
My wife and I are attempting to purchase our first investment property, which turned out to be a HUD foreclosure. Our offer was accepted and we paid our earnest money with the intention of closing within 45 days, as r...
Alan Walker
How can you tell if a property has a lien/mortgage?
Hi All,First off, thanks to everyone that has taken the time to respond to my posts. I have gotten so much great information from all of you.I'm working on a duplex deal in Ogden and the owner mentioned that its been...
Chris Seveney
Asset Pricing - Make Sure To Understand Collateral
Just a PSA for people, recently I have been reviewing a significant number of assets on the market which to me are overpriced. One of the main reasons I am saying this is many of them have significant title defects th...
Aaron Barber
Why only 1 picture??
Why do realtors/people put up ads for houses with only 1 picture, usually of the outside? Is this usually an indication that the house is a mess inside?
Zak Cooper
Creating the ultimate Seller / Owner Financing Checklist
Hey BP peeps,
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...
Tom NA
Help with Lease Option deal
I have a prospective buyer interested in a Lease-Option on my property but we're having a hard time coming to terms due to differing goals. He wants to keep payments down and have a long purchase period. I of course w...