This is a problem-solving issue. I am looking for solutions on how to move forward!The subject property is in San Bernardino County, California. Situation: We are using a VA loan to buy our first primary residence (we...
Am I understanding this correctly? That there is no unilateral cancelation in florida only mutual? So our EMD is at stake when a seller has to agree to cancelation? If so, how do we protect our EMD aside from just put...
Yo BP, I closed on a house the other day, but at the same time the foreclosing trustee was auctioning off the house at the courthouse steps in Virginia. I know, this is weird. Apparently the listing agent didn't thi...
Hello,
Who would keep the EMD in this residential real estate scenario? Here’s the sequence of events:
- all buyer contingencies EXCEPT Loan contingency were removed
- Loan CR removal date was 9/21, buyer didn’t re...
Today is the second time in the past few weeks that a guest has asked us to allow them to cancel for a full refund the day before their stay because of bad weather where they live that may prevent them from traveling....
I've read a few old posts regarding this topic and have those documents in order, but I still have the following questions regarding a private loan (from family) --
Loan Documents for Purchase -1. We have the promiss...
Hey guys,I'm gearing up for my first wholesale and I've been trying to understand the home inspection/closing process. A few questions:1. Would the buyer order the home inspection to ensure that there are no major str...
I'm about to go under contract for my first duplex. I will occupy one side for at least a year. It's currently an MTR. One side she left vacant for me. The other is occupied until after our projected close date. Obvio...
Hey BP,Quick question, what would happen if you where doing a double close and your seller didn't show, but you already had the buyer come and sign?Thanks in advance.