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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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I was in a meeting today with fellow REALTORS® and the discussion moved to "Why do some agents put in that commission will not be paid on concessions?" There was a bit of back and forth and I was not quite grasping th...
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Hello all I'm the new kid on the block with something that's on my mind and I wanted to share it with you all.I was looking on line for deals and I came across a property that's going for $75,000. I've checked comps a...
Due to being unemployed for almost a year, I am looking to sell my home fast. The home in located in Memphis, TN in a stable neighborhood. I project the rents for this home could range in the neighborhood of $750 to $...
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I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...
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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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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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I posted the following on my social networks today and it's been blowing up. The Florida foreclosure market, as well as other markets, I am sure, is being orchestrated mainly by Fannie Mae and Freddie Mac. They are wi...
I finally called a real estate attorney just now to hire to do the paperwork and closing for me when I sell my house in January. He talked of papers, and said I CAN use the Arizona realtors form, to just go through it...