Eric Schrader
Promissory Note
Hey folks, So I have approached some family members and have a few that would like to start investing in real estate. I would be the muscle and they are the $. Does anybody have an example of a promissory note I cou...
Petit Morne
HML contract examples
Hi,
Does anyone have any examples of what a HML contract looks like?
I'm thinking about taking one for the downpayment on a house (20% + closing costs) but honestly I only heard about HML/Private money a few months ...
Bill C
First Contract
Hello everybody. Here is the first post, and happy and very nervous about entering our first contract today. We're opting on a small home that needs a decent rehab in a cute neighborhood. The exterior isn't in too ...
Barry Pittman
Old dog, new tricks
Hey folks. New to the group, but was in the game back before the 2008 recession. I've been a licensed real estate broker in the past, have taken the appraisal courses, but didn't take the test, and now a licensed cont...
Dean Julie
Now I'm starting to get worried
California, yes, the State, has cash flow problems, specifically with tax refunds:
http://www.latimes.com/news/local/la-me-tax-refunds7-2009mar07,0,1633884.story
Soooooo, is there a possibility that I can short-sale...
Mark Mathews
How to buy without a RE agent
I know a person who wants to sell his house, and I want to buy it. What is the best way to buy his house without an agent and still be sure that all the important legal stuff is taken care of?
Luiz Souza
FHA Wells Fargo Approval Verbiage Help
This is my problem:
" It's further understood this transaction may not involve any thrid party who received a deed from mortgagor at, prior to, OR AFTER SETTLEMENT, and the purchase contract may not be assigned"
Wh...
Kent Baltare
Interesting contract situation- advice apreciated
Here is the scenario,Signed a purchase contract 4 months ago to buy a home that was being constructed. Purchase price is $X and I gave a 10% down payment, as per our agreement. Since then there has been an uptick in...
Lin Pan
Builder increased price after contract signed
I am under contract with DR Horton, the national no.1 builder. They discovered an error in the system that they put in wrong floor plan on my contract and need to update it. Now they are citing the correct floor plan ...
Ana Bricker
Wholesale Deal Help!!!!!
Hi all,
I have a property that I have been talking with the owner and a buyer about wholesaling. The buyer likes the deal as the purchase price and rehab come out to less than 70% of the ARV. So overall it’s looking...