Initial grant deed shows a purchase home of $1.5m with a $1m mortgage. So borrowed $500k. A few years later, there is a deed of trust for close to $1.2m and then a few years later a deed of trust for another $400k. So does that mean the owner took out an initial $1m mortgage and then borrowed...
I have been asked by law office to file for ash claim. For newer homes due to Hemet fire. Has anyone done this? My insurance agent says premiums will increase by 20% for five years due to zero claims policy discount. But law office claims thousands to tens of thousands in settlement. They...
I don?t trust Yelp. I have been asking neighbors for recommendations on reliable contractors who actually will reply and want to work. So far, no luck. I have a engineering drawing completed for adding a balcony on the second floor. Want to add sliding doors to balcony. Does anyone have a...
It?s because they are rude and have no common sense. Saw lady drive and open car door and just started peeing in a residential area. Really? You couldn?t have waited until you got out of the neighborhood to find a restroom?
The original loan matter because the proceeds will have to pay back what I own. Let?s say I bought it for $500k, the delta is still $1m minus $500k = $500k. I still owe $400k on the loan so that has to be paid back.
So 20% is still a big check I need to write.
Let?s say I sell a $1m property after realtor fees. Let?s say I have $400k left on the loan. Since it?s investment home, there are no exemptions from living there 2 out of the last 5 years. Does that mean I will have to pay 25% * $600k profit = $150k to the IRS? Like I would actually have to...
People should see what the build quality is before they buy Cetara. There have been instance of owners paying for options and later discovering that the options were either missing or poorly delivered. The builder never seems to want to address them. A lot of owners are not happy with the...