All Forum Posts by: Scott Wolf

@Chris Miller, if the property hasn't given you headaches, and the numbers still work, you could also pull an additional $750,000 out of the property through a refinance. ($2.5MM value, 30% equity from the bank is $750k, letting you now have $750k instead of $1.5mm in the property), and use those funds as a downpayment on another property.  A refi is also a non-taxed event.

Welcome @Joshua Heller!  Set up some key word alerts, jump in the conversation, and show your expertise in NYC!  This network is great!  

@Kumar Gaurav, @David M.is right.  The actual title insurance premium is set at the state level by the title insurance companies, so you won't find any difference in pricing there.  The appraisal as well will be through one of the banks pre-approved providers, so the price difference there will be small as well.  The recording fees is where you will find a difference.  I'd be happy to provide a quote if you'd like.  My contact info is below.

Welcome @Aniello Belfiore!  Where do you plan on focusing?

@Jason Bott, any suggestions?

any title company can provide you with the title side for closing costs. that includes mortgage tax and transfer taxes.  Your bank can provide you with their fees.

Steven Ebert of Barton LLP, a premeir NY law firm and Biagio Maffettone of RealFi Home Funding Corp, an excellent Mortgage Brokerage to discuss "When Things Go Wrong in a Real Estate Transaction"

This course is for 3 CE Credit Hours, and is completely free of charge!

Learn about steps to take to vet buyers, conduct a walk through inspection, deal with mortgage issues, issues that arise at closing and more!

Looking forward to seeing you there!

Hi @Doreen Hall I may know some lenders that can help. Is it in an LLC? Feel free to send me details on amount and how long you've owned the home.

house needs a rebuild? send me details.