PorkChopSandwiches (01-16-2017)
Yes, the title company is where the real work happens when buying/selling property. A real estate agent is fairly worthless this day in age.
RBP (01-16-2017)
I had a friend do that, and around here in BC - most of the houses he found this way used to be grow-ops. And, he found that a bunch of people bidding were probably other would-be dealers wanting to get a ready-made place and pick up where the other dude left off. He was threatened more than once.
So, be careful out there!
Signature created way-back-when by Goofy
RBP (01-16-2017)
I want to make sure I understand. The bigger money is in foreclosed property sitting in bank inventory that they are itching to dump. Versus a short sale where both the seller and the lender are trying to salvage as much of the remaining loan balance as possible. The latter feels more contentious, while the former is like getting rid of your ugliest daughter for whatever the sheep farmer will pay.
I wanted to be a Monk, but I never got the chants.
Sheepist
RBP (01-17-2017)
RBP (01-17-2017)
If you don't know basic structure building and foundation inspection, I wouldn't bother.
Yes, you can pay an inspector, but I've seen them drop the ball on numerous occasions.
Let me just state this. The last foundation I fixed for a customer cost them almost 60,000$. Their "inspector" missed the fact that the wall has been anchored, and then drywalled over.
When they found out their basement was a swimming pool we fixed it.
PorkChopSandwiches (01-17-2017), RBP (01-17-2017)