I am purchasing a home that is off-market. We close pretty soon and I just found out that there is a foreclosure judgment on the property. The seller says the sale of the home will take care of that balance.And I foun...
Need an advise!!!!Buying a house in LA (ESCROW does the title here, we don't use lawyers in LA ). Escrow close on 10.15, all the docs are signed and the financing approved....Oppps...The real estate agent calls me tod...
We bought a short sale property and are in escrow - 7 days away from closing. The sellers are asking for $1500 to move out else they will void the deal - can the sellers do that? Buyers in escrow are not at all protec...
Hello all,
Brand new, but I have been browsing this site for awhile now and am always amazed by the great info and expertise available here.
I am in the process of making an offer on a property that is ...
After pouring over pages and pages of posts today in the short sale forum it looks like most people shy away from short sales on the MLS.
Although I can understand some of the reasons why people stay away from these,...
I put an offer on a house using a conventional loan, I am putting 5% down and asking for 3% sellers concession. My real estate agent is telling me that sellers concession only allows me to add the closing costs into m...
What is the creative solution around the re-reinstatement of the anti-flipping rule? Is owner financing the best solution or are there others? This would also be a great opportunity for small banks or some other lendi...
Hello,
I'm new to this particular process, but can someone give some of your experiences with using transactional funding for Short Sales of REO properties:
1) What type of end-buyers should I seek for these types o...
Hello all 1031 experts!I'm going through the settlement documents that the title folks emailed me. We will have to sign the documents and fedex them for settlement on July 20. I already found that they gave me the ...
I'm selling a SF home to buy a commercial space for my office and would like to do a 1031 exchange. What if the deal on the property I nominate in the 45 day period falls through, and I purchase another property that ...