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Determining the after repaired value or market value of your subject property is very important, especially on your first flip. Just relying on online services like Zillow is not enough. The best informatio...
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Hello everyone, this is my first post. Glad to be here. As an agent, I've handled several short sale closings. After several painful deals, I came across a local investor who wanted to partner up. Her expertise was al...
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ON 10/30 I made a full priced cash offer on a pre approved short sale. The listing agent has assured me that as of now mine is the only offer that has been submitted to the bank. She was confident that deal coul...
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I found a seller who's behind on their current taxes and a loan they used to pay previous taxes. They went to sell me their house but I am unsure of what forms I need to buy it cash. Will a title company allow me to m...
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I saw this on a 1031 exchange company's website"At 1031 Exchange Place, many real estate investors contact our office just minutes before closing on their transaction and successfully convert a sale into a 1031 exchan...
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How do assign a short sale after the 3rd party approvals. Can you just do an addendum? The original contract is a standard Maryland contract using a realtor.
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Hi everyone!For a 1031 exchange, I'm aware that you must identify a property within 45 days, and acquire the property within 180 days. My question is: are you only able to acquire properties in that 180 day period tha...
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So I was supposed to close the sale of a property this morning when the buyers mortgage company suddenly wanted to know if the property was a "flip". After biting my tongue to avoid the stream of profanities I wanted...
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Has anyone ever found a house they wanted to get that was set to go up for auction but tried to buy it before the date? I want to buy this house and see if I can get it under contract before the auction date. Would t...
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We are in contract to buy a property. Close of escrow is next Monday (Aug 17th), but the bank is ready to fund anytime we want to sign. We weren't planning signing until the property was vacant; but now the seller wan...