3 January 2015 | 24 replies
This is supplemented by one and only real estate investment, a vacation rental condo I bought for cash 2.5 years ago at the bottom of the market.
3 April 2014 | 9 replies
We got a 1-year home warranty on the deal.
3 December 2014 | 4 replies
I generally avoid quit claim deeds, but even warranty deeds scare me.
26 September 2014 | 5 replies
Also see what kinds of deeds were given on the house's previous transactions as a special warranty deed can make you fail to see things such as unpaid back taxes on the house (which is a definite risk on a $25k deal).
3 September 2014 | 7 replies
I am new to real estate investing, my only real estate experience is that I bought my first house about a year ago and I currently rent out some of the rooms to make some supplemental income.
27 February 2014 | 13 replies
We were obligated to purchase a one-year Home Warranty, but never got around to it.
9 August 2014 | 15 replies
Inexpensive rental, so it's $.59/ft @ Home Depot w/ 15yr warranty. $.2x underlayment.
23 June 2014 | 4 replies
If there is anything outside of my expertise or someone else can offer a warranty, I hire out.
30 October 2014 | 9 replies
My goals in real estate is for it to supplement if not replace my current income.
7 November 2014 | 11 replies
At a minimum, the following should be included in a land installment contract:• the names and current mailing addresses of all parties to the contract;• the date the contract was signed by both parties;• a legal description of the property to be sold;• the contract price of the property;• any charges or fees for service that are included in the contract separate from the contract price;• the amount of the Buyer’s down payment;• the principal balance owed;• the amount and due date of each installment payment;• the interest rate on the unpaid balance and the method of computing the rate;• a statement of any encumbrances against the property conveyed;• a statement requiring the Seller to deliver a general warranty deed on completion of the contract, or another deed that is available when the Seller is legally unable to deliver a general warranty deed;• a provision that the Seller provide evidence of title;• a provision that, if the Seller defaults on any mortgage on the property, the Buyer can pay on that mortgage and receive credit on the land installment contract; • a provision that the Seller shall cause a copy of the contract to be recorded;H5-9• a requirement that the Buyer be responsible for the payment of taxes, assessments, and other charges against the property from the date of the contract, unless agreed to the contrary; and • a statement of any pending order of any public agency against the property.What If My Land Contract Does Not Have These Terms?