All Forum Posts by: Wayne Brooks

@Dave Foster knows all about this and handles these all over. She has to buy in the same, or at least the same tax payer, name as she sells in. Any kind of real estate qualifies and it can be in any state.

@Dave Foster can explain…pros and cons.

99% of the time, not possible.

Dead trees usually have little use. If there is any value, it would simply reduce the cost. I just paid $8400 to have a Huge 100 year old dead oak removed. The disposal cost was less due the reuse of the oak material for mulch.

Whether the realtor should have searched the court documents to see if the hoa had legal right to sell is a moot point (I would have but most would assume the hoa had completed the process). Your choice now is to wait until the hoa gets title, assuming they actually will which is another question, or cancel(when the closing date passes) and move on. If you proceed, make Sure you buy an Owners Title Insurance policy. You have no damages at this point.

@Matthew Ockwell If the house you’re selling has always been your primary residence, what you do with the proceeds doesn’t matter. The gain is tax free, $250ksingle/$500k filing jointly. You don’t have to do anything with the proceeds to qualify.

Yes, check with a local attorney. Here the hoa liens survive the sale, become yours, and neither these or paroleety taxes are paid by the surplus.

@Michael Poloncic With an inactive license, you can’t represent anyone.

@Sheifta Anwar Highly unlikely….banks know they get the best price by getting on the market and most banks are just servicing for the actual loan holders…and they have policies to put it on the market.