Angela Hollis
Escrow payment on Seller Financed Deal
I'm Seller financing my property and will be paying the taxes and insurance through my escrow on my mortgage.
How do I charge the buyer?
Do I charge what I'm being charged, which is $738/mo or do I charge what the t...
Nick R.
Applying for a mrotgage with multiple brokers. Good idea or bad?
I'm in the process of looking for a primary residence and have heard differing opinions on whether or not you should apply for a mortgage with multiple brokers. Some say it's not good for your credit to have additiona...
John Coulter
Does and HOA have to disclosure prior to trustee sale?
Hi, new to BP and love what I'm seeing so far! I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...
Joshua Taffe
Am I getting taken advantage of refinance closing costs
I have 400,000 in equity in a deal... I am trying to do a cash out refinance for 160,000 the mortgage bank I am working with is giving me the 160,000 but out of that I am walking out with 75k... 40k towards debt... An...
Chris Allen
Selling Home on Sub-To
Long story short, I am in a difficult situation with a property of mine and need to get rid of property. We have an offer for someone to purchase our property via Subject To. Anything I need to be aware of or make sur...
Bienes Raices
LLC, lawsuit, and equity in property
This post is a follow up to a statement made on another LLC thread...it was stated that you should worry more about the amount of equity you have in one LLC's properties, rather than about how many properties you own ...
Jeffrey Kovnick
Commercial mortgage brokers
$8,500,0000 property; $3million down, 65% leverage (so $5.5 million loan). CBRE is my broker, they receive 2.5% buyers agent commission. I was told that they would help me through the loan process. So, today when spea...
Andrey Y.
Cash out refinance closing costs
Ladies and gentlemen,What would you folks except closing costs to be on a cash out refinance in the amount of $150,000 (lender and escrow fees)? Say the transaction has zero points. Would you expect it to vary much fr...
Kevin Breneman
Rent to own question
I currently have a tenant that is renting for $1300 a month, however they want to purchase the house. I was thinking of renting for $1900 a month for 20 years, after 20 years the house would be their's, has anyone el...
Brian Christensen
Contract section question...
I have a question about a section in my purchase and sales agreetment I plan on using.
It reads the following...
EXISTING MORTGAGE (s): Existing financing on subject property will be current in all payments of princ...