All Forum Posts by: Curtis Magee

Thanks for the advise everyone, it was helpful. Rick, the tenant was in place when we purchased and didn't have renter's insurance. We are working to include renter's insurance in out contract. I will post an update as things progress.   

Hello everyone,

We just had a fire in our fourplex. Only one unit was damaged and the tenant agreed to pay for all repairs. I don't think she can afford to pay for the damages, therefore, we are preparing for small claims court. The fire department is conducting an investigation and will give us a report. Are there any other reports we need?   

Hello, welcome to BP. The information from forum posts will provide guidance until you find a mentor. Good luck on your new career. 

Hello Neil Schoeppsd. My loan officer told me yesterday that the appraisal was conduct a week ago today and he will send the report once he receive it (about a week) . Please allow me to give you a little back ground. I'm an out of state buyer, therefore, my agent was listed as my point of contact for the appraiser.  I questioned my loan officer and agent a few time about the appraisal. One would point to the other, which made me not trust either. I asked again yesterday and was told the appraisal was done last Friday. I spoke with my agent Saturday  and my loan officer on Monday and no one said anything about it.  To make a long story short, their actions lead me to believe something was't right, and that is why I asked the question. Thanks for your help.       

Hello,

I'm 20 days from closing on my first duplex and the appraisal hasn't returned. The appraisal was order two weeks ago by my banker, is this normal?

Secondly, should the banker receiver the report before I do?

Thanks for your help