IR,
Very good point regarding short sale fraud against lenders. However, one ought to wonder why lenders allowed (with blind eyes) the old BUYER inflated/cash back schemes in the past; causing an overprice situation and heavy loss to mortgage back security investors?
Now, the old scheme of...
If I am TIC, I would appreciate the free and powerful marketing that this site provides. This site clearly demonstrates that Irvine is such a unique place that nearly everyone who posts on this site has the desire to purchase in Irvine. Even more so for a few specific neighborhoods such as...
House_
I wonder the same thing. I am torn on this one.
I sometimes ran into new sellers/buyers who express wish for me to help them to comit frauds; and it is very clear for me to walk away from the deals.
I am listing a home that I just found out there is illegal drug usage going. I am doing everything I can to explain the implications to the owner.
My question for you as if there is a drug bust at the house while I am or other agent showing it, will everyone on the premises get taken in?
Your...
I totally am in agreement with xlm. Negotiating skills specifically to real estate contracts are critical here. Besides, having a strong middle man to do the negotiation is always a better idea. Price is not the only thing you negotiate.
I want to add to interloper comment. When you...
Malibu,
You are right. The DA was chasing after me for failure to pay child support, and I got all my children with me. My friend got child support lean on his credit report and he has no children.
monekoko,
I think you should have a realtor to represent you as there are many things to negotiate and terms to review to your advantage. You can tell the builder your wish of buyer representation and I do not see any problem of them going against your wish. Builder knows every buyer needs...
"Say, maybe you could ask a realtor!! For the atty who gave them the hardest time. . ."
The atty who gave the hardest time may be perceived as "difficult" by the seller; therefore, may not be able to negotiate a contract for buyer. Buyer gets no home
Many RE attys specialize in RE laws and...
investusa,
According to my CPA, if your name is on the deed and not on the loan, and you are the one who makes the deductible payments, then you are entitled for the tax write-offs.
no_vas,
Anybody can get lucky
Luck, that is what truly boils down to. Anyone can get lucky; though you have to be there to get lucky, either by just because or good vision. This goes with stock market also. The difference between stock and real estate is one is not real, and the other is...
Trooper,
Hello. I am sure you have heard that 9 of 10 American wealth were created from real estate. So how can anyone dispute this data?
As painful as owning real estate in the early years, I am a strong believer of real estate holdings. Believe me, I have wasted enough money in the stock...