22 April 2014 | 11 replies
This was for a purchase of $180,000:Home inspection -$535Appraisal fee - $435Origination fee - $899Homeowners insurance(first year) - $8091st quarter property taxes -$1,163Initial escrow deposit -$1,365Title insurance - $532Legal fees - $700Government recording charges -$470There were a bunch of other miscellaneous little charges, but these were the most substantial.
3 March 2014 | 6 replies
You do not need a realtor for this situation but you should follow same guidelines as working with a realtor i.e. title, attorney, home inspection etc.With all that being said and you saying you purchased a rental through the realtor you are using it may be in your best interest to inform your realtor of the FSBO you have your eyes on. 9 times out of 10 the FSBO will pay a fee to the realtor (it will be the realtors obligation to stipulate terms).
6 March 2014 | 23 replies
You can have the property inspected after the renovation work is done and before making the final payment.
7 March 2014 | 3 replies
Should I find a building that interests me, how do I obtain inspections/costs to rehab before committing?
4 March 2014 | 2 replies
It was noted during the appraisal and bank is calling for roof and foundation inspection
16 June 2015 | 5 replies
Will be doing an inspection this Friday, I have a strategy for the property but the thing is showing more red flags than a North-Korean military parade.
5 March 2014 | 9 replies
If you mean inspection, they run us $300 for single family and then about $50 per unit on up.
6 March 2014 | 7 replies
Greetings, any property with power off for 1+ years needs a certified safety inspection by an electrician.
12 February 2019 | 8 replies
The inspection contingency was quick, around 5 days.
14 March 2014 | 15 replies
But, if I include it in my HM loan, it adds another 12k onto my losses, and I have to deal with the invoice clearance and inspection procedure to get my rehab funds.If I partner with someone who puts in the rehab funds up front, I can actually save myself some money by utilizing a crew that I normally couldn't afford using the HML system, increasing my chance of making this flip work the way I want, and allowing me to utilize my own funds as a safety net and/or start another flip.Kind of a great deal, huh?