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Using Lender Credit to pay for sales contract extension
I know a few ways, but may be one I have not thought about. Any LOs here on BP know of ways to Lender Credit to pay for a sales contract extension?
Daniel Smith
Who pays the commission on a commercial property sale?
I know that in residential sales, the seller usually pays the commission. However, on loopnet I see a lot of listings that mention a "commission split". Is this customary for commercial transactions? Buyer and Seller ...
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Question about paying taxes on the sale of a home!
Hi,
I'm pretty new to this. I'm just starting the process of selling my first home (which my husband already owned when we met so I had no part in buying it either). So I have to admit that I don't know much at all. ...
Silvana Elejalde
Bank Foreclosure sale with surplus to pay for property taxes
Hello, if anyone has had any experience in Broward County, Florida, winning a bank foreclosure paying over the final judgment amount, and getting the Clerk of Courts to disburse funds from Court Registry to cover deli...
Mike Flynn
Can you avoid paying the listing agent in a sale?
I've been looking a lot more into creative financing (like seller financing, subject-to, and lease options), but was curious how you'd go about that with a property listed on the MLS through an agent/broker. Let's say...
Sean Wilt
Do I pay Sales and Occupancy Tax on cleaning fees?
I know I will have gross revenue from rentals for income tax purposes which would include cleaning fees collected. For income tax purposes, I know I can deduct the actual cleaning costs so that portion of revenue bec...
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Paying tax lien subs when Property is up for sale
I bought a New Jersey utility tax lien for a commercial property and now considering paying the subs- property taxes for 2018 and 2019 that haven’t been paid. The commercial building has been for sale for $300K since ...
Jasmine Chen
How should I pay my listing realtor for short sale
Hi everyone,
I am new to this forum and so excited! I really need your inputs on my first short sale deal in CA.
I am meeting with the homeowner next Monday for the first time. He agreed to sell his house to me an...
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How many closing costs will a short sale lender pay?
For those of you working short sales: how much does a lender typically accommodate commissions, escrow/title, taxes and other costs associated with closing the sale? I'm working with a lender on a short pay off. I'...
David Lancaster
Need Insite -Short sale seller expects buyer to pay title search
I am attempting to purchase a short sale property. After weeks of stalling by the seller/bank (Wells Fargo) the seller informed my realtor their paperwork for the short sale is not in order and the seller wants me to ...