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My first short sale drove my wife crazy due to the amount of time it took. From the time we made an offer to the closing date it took just over a year. I still up till today have no idea why it would take so long. My...
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If a raw land parcel was sold at a profit, with the seller owning this parcel for more than 1 year, with the seller being in a 15% tax bracket ( from regular job ), would there be a capital gains tax liability ? Selle...
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Hi BP community, I have a SFH that I lived as primary last year for one year. Recently, I moved out of the house and rented as MTR. It is my first MTR and the return on equity is not good (due to high property tax, in...
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Hello AllI am meeting the end buyer of my whole sale transaction tonight (1st one). My questions is...what type of purchase agreement do I put in place for the sale of my contract to end buyer? I have the property und...
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About how long does the short sale process usually take?? Ive heard of some of them taking almost a year to close.
What happens if we buy a house and then it turns out the seller has liens and a HELOC loan / debt that is larger than the sale price?
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When someone engages in a seller financing transaction, what are the standard stipulations? Loan term? Balloon payment? Interest? What about taxes? Does the owner continue to pay property taxes? I am looking at ...
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Closing on another duplex soon and would like to know how long you guys wait after closing to quit-claim the deed to an LLC?
Also, do you guys have the mortgage company ACH the mortgage payment from the LLC's bank ac...
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Hello everyone,I have a house under an agreement of sale contract for $33,000. I was going to purchase it but now I have a buyer for the property for $35,000. The original contract is an agreement of sale and not an a...
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I'm in the Bay Area, and looking to educate myself about buy and hold opportunities in Austin -- where I have family.Can I ask how investors can get clean historical data on Austin's real estate market? I'm mainly try...