Hello, I'm new to RE investing, and this is only my third deal. I had a contract to sell a house for 225K with 1000 in escrow on 1/7 , inspections and appraisals are all done, closing was to be 2/21, and they called...
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Hi guys I recently found a motivated seller and after evaluating the prop it looks like a home run...my strategy is subject to & buy and hold...so my question is after all the negotiations I get the contract signe...
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Up to this point, every real estate transaction I have been a part of included a mortgage company. I will soon purchase my first property with all cash.When using a mortgage, the mortgage company required certain thin...
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Good morning BP world.I had a quick question on closing costs. First off, I am a newbie at real estate, but I have been doing a lot of reading and research and am getting comfortable with the idea of buying real esta...
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Hi folks,I am sure someone out there knows the answer to this... What are depreciable closing costs?I think this means the seller is trying to get the buyer to pay for the depreciation that he has taken on the proper...
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Does anyone have a release they can send me for a closing? My business partner will be out of town when we have a closing coming up. I will have to sign for both of us. The title company stated to just use a release. ...
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What does "closing a deal" usually refer to? Also, can someone walk through a typical step-by-step process of closing a deal?
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I finally (long story) have a signed contract with Freddie Mac on a REO foreclosure in Florida. The contract states that "seller will designate closing agent and pay for owners policy and charges". I received the clos...
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Here's the deal- I recently bought a duplex property that needs some work. Long story short, I'm cash strapped and don't have the resources to have the work done so I've been stuck for the last few months just trying...
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We are working on rehabbing my sons little craftsman bungalow. Someone suggested that we knock out a wall [structurally would not work] to create a more open floor plan. Maybe it's because I am slightly younger than ...