I just sold my rental to the tenants who are living there. Escrow has closed and the tenant sent me a message about a refund for partial rent (they paid for the full month- but escrow closed on the 12th) and they aske...
I am about to make an offer on a property and the seller plans to 1031. Am I better off making a higher offer with a sellers credit due to buyer at closing to get to my net? Does this help with the sellers 1031 basis?...
I'm selling a rental house FSBO. An agent calls and says she has a buyer willing to pay the asking price. She and the buyer each want 3%. The agent wants a 3% commission (fine with me), and the buyer wants a 3% conces...
I read an older discussion on the website Hubzu and having recently been involved in a sale with them, I felt an update was needed. Hubzu is an auction website for bank foreclosed properties. During the transaction I ...
I have a short sale offer where the listing broker is insisting on the me the buyer to sign an addendum before he would present my offer to the buyer.
Usually I have seen seller's attorney dictating some verb...
I got my approval letter from ASC today and it says the following:
"If closing agent has any knowledge of any sale or transfer of property within 30 days of this transaction, closing agent must immediately notify len...
Background: I am currently looking at purchasing a house listed at around $14,000 to flip as my first real estate investment. I have ran the numbers and think the house needs around $11,000 (with a 10% contingency) i...
If you are doing a 1031 Exchange, do you notify the seller that you are paying cash as part of a 1031 when you put in an offer? Does this put you at an advantage because sellers like cash and don't have to worry about...
Hi all, I may have an opportunity to pick up a tri-plex that is fully rented. What is the process when purchasing and taking over the property from a managing stand point? Are there new lease agreements? What about se...
Hi! I have someone that I am looking to work out a partnership with, their main role is to make calls, I trust this person and they are not just a VA that's just banging out calls but more so someone that understands ...