Thomas C Perry Jr
Selling property to New Western
Has anyone had any issues with selling your property to New Western? They reached out with a cash offer for my asking price and a two week close. Are there issues I need to look out for that would prevent this from cl...
Drew A.
Duplex sale. Buyer won't release escrow. Broke contact. Holdover
I sold my duplex a couple of weeks ago. I had to wait until my sale closed in order to close. I asked to extend the closing date with the buyers originally, but they refused stating that they were concerned with los...
Samuel Wilder
Filling apartment before closing
Hi, I'm a first time Owner-occupant and I will be closing on a Duplex on 10/28. The seller, my agent, and the sellers agent all encouraged me to list the empty unit and fill it prior to close. I have done so and I fou...
Santo P.
Condo not delivered vacant per contract
Buying my first condo in Miami using a 5% conventional loan that stipulates primary residents. Contracts specifically notes delivered vacant. Closing in a few days. The seller has a new tenant with a one year lease th...
Glenn Espinosa
Delayed closing, losing money by day!?
I am buying a quadruplex that takes in $2400 in rent a month. Original closing was set for the 12th but do to appraisal/inspection delays it has been pushed back to the 20th, maybe 21st.
The closing was pushed back ...
Account Closed
What do you offer as Ernest money on foreclosures ??
We have been buying foreclosures off the MLS. are offers are cash purchases no inspections and our agent has been suggesting EM of 10% of the offer price. My issue is that some of these transitions are taking up to 6 ...
Stephen Tawiah
Funding For First Real Estate Deal
Hi. My name is Stephen, and I'm going into my 1st real estate deal. It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.
Problem is... I have absolutely no ...
Snehanshu Ashar
1031 replacement property buyer agent commission rebate
Hello all.I have some 1031 replacement property transaction questions:For my replacement property, can I work with a buyer agent who offers me rebate from their commission?Can this rebate be in to form of a check afte...
Terry Royce
Assignment Fees
I guess I am a bit confused on this assignment fee thing.
If I put a house under contract for 30k, and then assign it to my end buyer through an assignment contract for 39k, does my end buyer have to cut me a check f...
Kyle Simmons
Wholesaling - Earnest Money Deposit (EMD)
I have a question(s) regarding EMD: How much should I ask for from a potential buyer? (I heard that 1% - 2% of the purchase price is ideal).Where does the earnest money go, when all is said and done?