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I released the contingenciesYou should get it back, if they didn't meet their end of the requirements?
Dumb *** realtor giving me wrong information
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I released the contingenciesYou should get it back, if they didn't meet their end of the requirements?
Dont be nervous, take it as further assurance in the investment your making. Rather find out whats wrong to see if you still like the home or not.NOOOOOO what happened?!?!
we’re doing our home inspection today...kinda nervous
I'd be raising the most H*** possible realtor, is supposed to be your expertI released the contingencies
Dumb *** realtor giving me wrong information
I released the contingencies
Dumb *** realtor giving me wrong information
Dam brotha sorry to hear it fell through. Definitely don't go in on a deal you don't feel 100% about after an inspection. I thought, but it may not be the case (i've only done the buying process once and it was a few months ago), that if the earnest money clock starts when the inspection is performed? Feels like you should get that back in full.I released the contingencies
Dumb *** realtor giving me wrong information
Side note:
For the homeowners in here. My wife and I are new into home ownership. Approaching our first mortgage payment soon, since we are only a month in hah. Have any of you gone through a kitchen remodel? It's our first home, but buying it, and the price we got it at, we knew we were going to remodel the kitchen.
Its a small standard 10x10 kitchen. Was curious if anyone here has taken on the remodel task. If so did you hire out and DIY? I am pretty DIY and have done a ton of stuff already, and know I can handle it. But is it worth it?
Nice! Good luck!I’m Getting my money back from escrow
I feel better now
Already getting stuff ready to go check out another home
From my understanding, the bank is owed 140k and are selling it for what's left on the loan.Short sales have to be approved by the bank. It can take a long time for them to respond.
85k is a low ball offer but it depends on their liability on the property.
See if you can find out what’s owed and base the offer off that.
85k all cash is a good start. See if they counter then go from there.From my understanding, the bank is owed 140k and are selling it for what's left on the loan.
I know the offer is low but I figure after 90k (5k I have to give to the listing agent) and another 50k in remodeling the house, I'm at 140k. Plus another 10 to 15k in seller fees I'm going to make just 50k top end? If not why am I doing all this for?
What would be your train of thought?
How long has the property been on the market?From my understanding, the bank is owed 140k and are selling it for what's left on the loan.
I know the offer is low but I figure after 90k (5k I have to give to the listing agent) and another 50k in remodeling the house, I'm at 140k. Plus another 10 to 15k in seller fees I'm going to make just 50k top end? If not why am I doing all this for?
What would be your train of thought?
Manage a property like that, maybe I can answer a question?Anyone in here own a 4-plex / multi-family?
Manage a property like that, maybe I can answer a question?
Just looking for input on the numbers, to determine whether it is worth it or not. I've heard of the 1% rule, the 2% rule, the 50% rule, etc. So just looking for any input on that end.
You have any thoughts, as a manager of a 4-flex? Things to consider, to watch out for, etc.
The house was put for sale in 2008 for 199k it sold in 2009 for 170k it defaulted in 2019 and it has been shortsale for 44 days. It is going in foreclosure next week.How long has the property been on the market?
Anyone in here own a 4-plex / multi-family?
i don't own a 4plex, but i do own a multi-family duplex.