All Forum Posts by: Dan Barli

@Tyler Labelle condos generally require less maintenance which is attractive. People say not to invest in their opinions because of the HOA fee increases, which are not really in your control. I've seen some associations increase their fees by $300/month in one year so just be aware that *may* happen, even if unlikely.

@James Alex following up on @Brandon Thomas advice you can feed a property into your llc. Just beware of the due on sale clause in your mortgage. I know lots of people who have deeded it to their llc with no problem. But I have had three clients who got called from their mortgage company and used the due on sale clause. Just be cautious. If you use that strategy be prepared to refinance in the unlikely event the lender calls the note due

@Elvis T Santana congratulations!!!

@Jacari Riggins I would recommend you go to some local REIA meetings in Ocala to familiarize yourself with the local professionals

@Joel Schachter congratulations!!

@Matt Ferch I think you should consult a local real estate or tax attorney to determine the best method to achieve this. You could do a quit claim deed, leave it as part of the estate plan, or a few other options. A local attorney can likely guide you.

@Louis Van Der Westhuizen you should definitely contact a title company and run everything before you buy. After you close, whatever is attached to the property (lien, etc) will becomes your obligation

@Kenneth Liz are you working with a realtor? They can probably help run comps for you of homes that sold in good condition

A big difference is what the short sale approval dictates David. Have you obtained that yet? 

Hi Lyndon, you should have the seller's attorney prepare the contract and then the buyer's attorney will review it. Once the written terms are agreed to, the parties sign the contract and move forward in the closing process.