Vernon Henry
Want to cancel acceptance of offer
I am a seller who last night faxed my acceptance of an offer which involved my carrying the loan for 3 years. I've had second thoughts and now want to back out.Can I still do so without any penalty(like the broker wan...
Simon Obas
Agent asking for 2.5%, is this legal?
Hello- I asked my current agent to terminate our listing agreement. The home has been on the market over 100 days and has not sold and I only received one offer (and the buyer rescinded it the next day). the agent is ...
Loren Whitney
Creating an HOA that was never formed according to CC&Rs
Hello BP Community, I haven't posted in years so it's awesome to log back in again and participate.
I'm looking for help on two questions:
1. What are the steps and/or roadblocks associated with creating an HOA th...
Greg K.
Other ways to offer home as collateral besides mortgage lien?
I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip. What I like about this bank is that once I got on the phone with ...
Dave Fulkerson
Financing Multi Family
My Name is Dave Fulkerson. I’m an investor out here in St Louis. I’m looking to get financing for an apartment complex that is currently listed at $925,000. Talked to the agent and we should be able to get it for cl...
Ian Stuart
AMA - Agency Multifamily Debt (Freddie Mac & Fannie Mae)
BP Community:
Hope you’re all enjoying the bear market!
My name’s Stuart, I’m an agency multifamily lender with Berkadia that finances apartment buildings throughout the Western US with Freddie Mac and Fannie Mae. ...
Rob Beland
Massachusetts Security Deposit Law - Is it worth the aggravation?
-I've been reading a lot on here about how to handle security deposits when it comes time to assess damage and determine what is normal wear and tear and what is "damage" that can be charged against the security de...
Bill Springer
Implied Habitablility question - PA
So I had a sewer backup in a rental house. One floor/no basement. On a slab. Master BR carpet was affected along with a small portion of vinyl plank flooring (half the kitchen and a small area of the dining room). ...
John Yu
Keep security deposit due to early termination
I have a renter that broke the lease and moved out early. In the lease agreement they signed says "Security Deposit will be not be refunded to the TENANT and will be used as a penalty for early termination of the Leas...
Account Closed
1031 and CA taxes
Considering selling a CA residential building lot, which is now maybe worth much more than I paid for it years ago.
I would be doing it via a 1031.
I'm not sure how to ask the question so pardon my stumbling here:
The...