So my husband and I backed out of a buying contract 2 days ago on July 26. We offer cash with no contingencies. The sellers will not release us from the cancellation contract. It’s been over a month. the sellers aren...
Hi,
I was just hoping some experienced lenders could shed some light on their experiences of having to take back a property due to their borrower defaulting on a loan. I am curious of how often you have had t...
I have a SFH with three non-family tenants. I am requiring rental insurance for the first time this year - $1MM liability and me listed as an additional insured.Question: If two tenants got rental insurance for $1MM e...
I have my eye on some downright ugly houses that I'm looking into for rehab/flip purposes. Some are vacant and/or condemned and the ones that are inhabited look like only a crazy person would live there.
How does one...
A lady I sent a mailer to today called me at 10:00am and left a long message saying I need to quit calling her, sending her mail, texting her etc. Now, first of all I have never called or texted her and this is my fir...
Hi all. I had an offer accepted on a parcel of land and sent my earnest money deposit to my title company. My agent built in a 45-day feasibility study contingency period into the contract. Two days after we were unde...
Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
How do you handle it when a prospective property is for sale, and the seller tells you that the tenants inside can’t be disturbed for you to do your walk-through? The seller says he does not want the tenants to know t...
Unless someone can prove otherwise, I’m fairly certain I was just scammed out of $3,400 by a supposed “Lead Provider.” I’m sharing my story so everyone can be aware and hopefully avoid the same experience.
I received...
I have a female tenant in her 30s with a young daughter. She started on March 15, 2023 on a 1 year lease. She keeps texting and calling about every problem that is there or not there. She wanted me to refinish tub....