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Looking for some advice on our current situation. One of our rentals (Michigan) has been being rented for $1300/month, the mortgage is $618 so it has cash flowed well. We have owned this home for 2 years. The tenant n...
I am representing a buyer-client who has a quad under contract. The bank is having trouble justifying the value of the property because of lack of 'established marketability' and good comps in its rural location.We se...
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Investment Info:
Single-family residence other investment in Calgary.
Purchase price: $242,000
Cash invested: $12,000
A beautiful well-appointed unit in Calgary, AB that was my first ever home purcha...
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Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...
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Hi, I am the seller of a house that has a lis pendens on it. The lis pendens will be removed once the house is brought up to code (demolished or rebuilt). I have a sales agreement with someone that was signed a mont...
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ok the questions in the title of the post lol.. do you have to sell to a cash buyer when selling a purchase agreement...is there a way to sell to a buyer who wants to finance????
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A bit annoyed here. I bid on an auction hosted by H&M. I bid $235k and was highest bidder when auction ended. Then, new clock started ticking saying I was "outbid" and had 3 minutes left to enter a higher bid b...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $18,000
This was my 3rd investment property that I purchased. Roughly 9 blocks away from th...
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Dear all,
I am a newbie in real estate and would appreciate your advice. Here’s my situation: I bought a single-family house in France 3 years ago and the current balance of my mortgage is 120K Euros (16 years mortg...
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When you buy a property with tenants with leases , does the old lease still hold good? Can you renegotiate the terms or give a new lease? Thoughts appreciated!