I've never purchased a HUD owned home before but there is one I may be interested -- not anywhere near the current list price though. It's a UI property in the Extended listing period. The price at which it would be a...
Hey BP! I'm in escrow on a property and the seller has asked to stay for an additional 2 weeks before moving out. What are the pros and cons of doing a leaseback to the seller vs. just extending the escrow period?Also...
Hi all. I've got a deal where my tenant is under contract to buy the property I am leasing to them. This is not a lease-to-own, the lease is one agreement and the purchase is a completely separate deal. It just happen...
Greetings to you!
We are in contact with a cash buyer and had a 10 business days inspection period. After the inspection, we followed up for a week for the inspection results and didn't hear back from the buyer's age...
I'm looking to buy a property as my primary residence. The sellers are about to start building their new home. We have negotiated a deal where, in exchange for a discount on selling price, they get to stay in the prop...
I know its of the items National Association of realtors is asking of the government. They are powerful lobby group in Washington and I feel like they could have some sway. There is also revenue procedure 2007-56,...
I have a duplex in a rent controlled part of Los Angeles. I live in one unit and rent the other. My tenant recently broke up with her boyfriend (who WAS on the lease but got removed through and addendum) and is now da...
Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...
The house I am about to purchase has been running some repairs that now the seller believe can not finish till the option period extension. His estimate is to be done with the repairs till closing date , basically we ...
The recently released update extension not only delays the tax filing deadline to October 16, 2023, it could also extend your 1031 Exchange deadlines until October 16, 2023 as well!
For example: Typically, if you wer...