Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago on . Most recent reply

the deal must go on...red stamp?
After a year of prep, studying, and two prior years of appraising houses. I signed my first purchase agreement about 3 weeks ago. My real estate attorney gave me a number from a estate sale he was working on. Its in my home town and a area i know very well. Comps are at 35-45,000 I got it for 6,000. I called to get an update and the deed has been red stamped and has to have a survey then approved by court house then i can close. So a house that I had a 6 month plan for to rehab and rent will be at month 2 before i have the deed. anyone what has your experience when it comes to red stamps deeds??