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Yesterday, June 9th, I closed on a 3-unit multi-family. The bank gave me a hard time throughout the transaction especially this last week leading up to the close. It even got a little hairy during the close and it alm...
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For you house flippers out there, do you always counter an offer in some way? We received a good offer today, slightly below list price and a little high on the buyers closing costs but overall it is good. I would l...
My current lenders for a primary residence I am purchasing is requiring 12 months of escrow UP FRONT AT CLOSING for taxes and insurance PLUS the normal contribution going forward.I have a shortsale on credit report da...
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With my spouse using her VA Loan also she does have a percentage of disability what can I expect discounted from closing costs? As far as lenders what companies and things should I look for especially since this isn'...
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I am in the process of closing on a property and was setting up the insurance with my agent. The policy requires a 4-pt inspection on the property and I have found that the electrical box needs to be upgraded.
My qu...
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I was wondering if there was a way to do wholesale deals without actually having to show up at closing. Is there a way to get the title company to handle my part at closing and just mail me my assignment fee?
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Hey everyone,I put in an offer on a local home through Auction.com, a real estate bidding website. The home is an REO property and all boarded up. I'm confident with my #s and will most likely come out profitable. Tho...
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Hi Everyone,I recently talked to a broker I'm working with, and she mentioned that in order to put in a offer for a property, and going through the residential purchase agreement (or contract), you have to first show ...
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Hello everyone,I understand that in a buyer's market, you TYPICALLY end up paying for most or all of the closing costs when reselling a rehab... Which can run around $6,000?What have your typical closing costs been fo...
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I have a short sale I just rehabbed and put on the market that has a 90 day flip restriction that we signed on the short sale approval letter. We have 60 days left on this window. We do have a cash buyer that wants th...