All Forum Posts by: Al Wilson
Al Wilson has started 1 posts and replied 1062 times.
Post: wholesale Contracts Alabama.
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Definitely get your Alabama attorney to vet your contract documents before you start using them. Good luck.
Post: SKIN IN THE GAME- WHAT SKIN?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
We are VERY far from bank requirements. You are talking about apples and oranges. Good luck.
Post: SKIN IN THE GAME- WHAT SKIN?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
We are for real. We always require the borrower to be invested in the property. Human nature dictates that folks are more likely to do the right thing if they have something tangible at stake.
Post: Contingencies in an offer.
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Clear title is a given. Inspection contingency is always the most important one to us. Depending on where it is located, you may want a contingency for proper use under applicable zoning regulations.
Your CPA and your attorney will be your best resources for this information. Good luck.
Post: Owner Finance Foreclosure on the Physically Disabled
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
This might be a very good opportunity, but you need to consult your attorney before you move forward. Good luck.
If you are looking for legal documents, which have legal consequences, consult your lawyer. Good luck.
Post: Closing Assignment - Attorney Making Seller Sign Add'l Doc
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Closing document packages vary from closing agent to closing agent. I have been amazed at some of the forms that are produced for execution at real estate closings. Good luck.
Post: Real estate newbie from Alabama..
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
What part of Alabama? We are in Baldwin, Mobile, and Tuscaloosa Counties. Good luck.
Post: Using a false LLC to buy and flip properties
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Good question for your attorney. Good luck.