All Forum Posts by: Stephanie Preasha

I had a closing date of today in which I had a SFR under contract to purchase. I was informed by my agent that the LA stated WE needed to send them an extension addendum to which my agent replied we are not the ones requesting the extension so the seller should supply this.

Title agent gave a list of items to be completed before sale of home including a death certificate needing to be recorded, a re-foreclosure against heirs, etc.  These items seem like they could take weeks and possibly months.

I know I can elect to have my EM refunded but I found it strange that the LA did not feel it was his responsibility to provide an extension request to me.  

Has anyone dealt with a case like this?

Eh, I do not see a huge rise in values.  This is definitely more of a rental market for investing long-term.  In these markets, I like to sell to other investors and keep tenant in place.  St. Pete is def on fire especially downtown.  More construction buzzing in St Petersburg than Tampa...

St. Pete is great for rentals... I like the South portion (even outside of above - mentioned safer areas) because a lot of investors are afraid of it.... where else can you buy a 40k property and rent it out for $950?  Property taxes are very low too...  Successful rentals correlate with tenant screening.  Simple as that.  

Happy Birthday Josh!!  I listen to you all the time!  Hope you birthday was awesome!

Stephanie