Hi everyone. Happy new years to all.I have a concern about earnest money. I initially intended on double closing on a property however my B-C buyer backed out of the deal. I disclosed that earnest money was nonrefunda...
I got my first deal and super excited however there are several obstacles in my way besides the virus that is locking down all of the government buildings as well as nonessential services within my city, and prohibiti...
I now have two separate houses under two separate portfolio loans. With the forthcoming third house, I would look to get a blanket loan and put all three under 1 loan. For those who have done similar deals, how do you...
I have a lead on a home where the the daughter a deceased family member, wants to sell the deceased home. The home was owned free and clear. There were several hospital liens to the deceased person that amounted to ne...
I am in an interesting scenario where my contractor has not paid one of his subs. I received a letter from a sub making me aware of the situation and they are threatening to file a lien on the property. The situation ...
I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
I recently made a full offer on a short sale. After the contract was submitted, my agent told me that he was informed by the listing agent that the owner recently sold an "option to buy" on this property to another in...
Hello,
I am not sure if this is the correct place for this but I am looking for some advice in what Ocwen may be trying to do. They bought my 2nd from gmac not long ago. No real problems other then them not...
Hello everyone,
A family friend wanted to sell one of his houses. We did a off market deal with no realtors. We agreed on a purchase price of 240,000. I found a simple online purchase agreement saying he will sel...
So I have known about a particular property for a while now. It is located about 100 miles away from me in another city, and I've been driving by it about once a week. All of my research goes to show that this propert...