Make Money Flipping Real Estate
Of course, with this many repairs you will need to have the ability to fix them all in a short period of time for a minimum amount of money. Your goal is to fix and sell this home before your first mortgage payment is due! … It\’s always a good idea to bring an experienced contractor or at least a home inspector with you as you look at properties you are considering. Real estate agents are not trained and are not experienced in how to find properties for you to flip! … read more…
How to Negotiate a Contract on Your Home
The Charleston, South Carolina area is a great place to live or have a vacation home. The weather is great, the beaches are fantastic, golf courses are abundant, there are many historical sites, the architecture is unbelievable, … read more…
Get more than just "a presence" on the Internet - Welcome to …
Or you could be like that water salesman or my home inspector, satisfied with having “a presence”. Of course, many people go through life having “a presence” on Planet Earth, but most entrepreneurs I have met are go-getters. … read more…
From Google Blog Search
How Can Infrared Testing Save Your Home?
How can infrared testing save your home? Well, if you have a mold problem it can do wonders for more than just your house. Mold can be a serious issue in your walls and you may not even know it is… read more…
How to Avoid Mistakes When Investing a Rochester Home
It is not enough that you have your plans on investing a Rochester homes. When investing one it is very important that you have the right knowledge and help from those people that you can trust.
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Basic Supplies And Needs Of Your Dog
When you have a dog it doesn’t take long to find out that you need certain supplies and equipment to keep him happy, healthy, and safe. Of course you have to feed him a sound diet but your dog needs a… read more…
From GoArticles.com
http://www.losscontrolcertification.com/ Now is the time to take advantage of the loss control industry with this special limited time offer! Now, if you enroll by November 1st, you can learn how to become a loss control inspector! Check out our website now!
Open Question: advice on real estate problem, no disclosure statement!?
this is our situation.
my husband and i owned a small house. we wanted to upgrade to something a little bigger, so we found a beautiful bank-owned foreclosure that we could afford. with the interest rates low, we got an interest only loan until our other house had sold.
a year later now, our other house still hasn’t sold, and we are still paying the bank interest only.
We have had problem after problem with our new house. leaks in the slab, mold issues, roof leaks, (it was a brand now house — foreclosed on by the builder.) our neighbor brought to our attention today that she knew a lot of OTHER problems wrong with our house, but the bank threatened to sue her if she told anything that she knew and caused them to lose a sale. they entire back porch roofing was molded and falling out — to fix it, they just covered it with vinyl siding. we never knew this at the time of sale. there is a roof leak that we weren’t aware of and now it is starting to mold. our neighbor told us they tried fixing this leak 3 times and the mold still returned.
now, the bank never told us any of these issues, of course. and of course, they weren’t required to sign a disclosure statement. we want to start a family, and this is the worst place to raise a child — in an mold-infested home.
we are just looking for advice. can the bank just cover up problems like this, i.e. paint over mold instead of encapsulating it? do we even have a case to get out of this contract?
We did have a home inspection, and it passed. the inspector would have had to tear our siding and sheetrock to find these very serious problems, so we aren’t blaming this on him.
and, please don’t be rude and say that we shouldn’t have bought another home, blah blah. We may be grateful now that we a problem-free home to move back in to.
thank you for you time to those who read and respond.
we dont want money out of the deal and we arent asking for the interested we’ve payed in return. we just want to call it truce and get out. however, we know the bank will say “oh, but you bought it as-is…blah blah blah.”
they knew about some serious problems and didn’t tell us.
Open Question: Do you have to have a qualification to carry out PAT testing?
A friend of mine works as a handyman for a special needs care home. His boss is too cheap to send him on a PAT testing course and has given him a copy of a PAT testing DVD to watch instead. His boss insists that once he’s watched the DVD my friend will be competent in carrying out PAT testing around the home. My friend has very little knowledge of electrics and understandably feels he shouldn’t be carrying out tests in the workplace without proper training and equipment.
From what I’ve read on sites found on Google and such, UK law says no specific qualification is required to undertake PAT testing so long as a person is competent in doing so. A competent person is defined as ‘A person possessing sufficient technical knowledge or experience to be capable of ensuring that injury is prevented.’.
So, do you have to have a qualification to carry out PAT testing? How can you be competent without a suitable qualification in electrical work, such as a City & Guilds 2377 - Inspection and Testing of Electrical Equipment, to back you up?
All helpful answers appreciated. My friend is worried that by carrying out his bosses orders he’ll be putting himself, other staff, residents and the property at risk. He doesn’t want to go to jail for electrocuting someone or starting a fire!
Resolved Question: Can we walk away from a POS rental property?
We have a house that we tried to sell on contract. The ‘owners’ have disappeared, leaving us with a piece of property in very poor shape. The government appraisal is about 130k, our mortgage around 95k, and the cost basis is around 35k. We just put it on the market, and so far have only one lowball @ 105 (I’m frankly tempted to take it as the terms are ‘as is’ and ‘no inspection’ - the house really is in poor shape). If we sell for less than about 125k, we won’t cover our taxes (125 - 35 = 90k profit, even though my wife and her sister borrowed the money and wasted it on a business).
What if we just walk away? Would the bank sell it for, say, 90k, then hit us up for the difference and we’d still owe taxes on the ‘profits’? Could they sue us and force us to be responsible for the mortgage? I don’t care about my credit score, but while we don’t have any real assets besides our home, my wife and I both have jobs and I’m afraid of a judgement to pay over time.
I guess I’m ethically challenged for considering this course, but I’m just tired of the pain and there’s plenty of ways to rationalize the behavior given what’s been going on all over the place lately.
Juan home sweet home. of course after the now usual 1 hour stop at the secondary visa inspection post. :-{ hope INS finalizes my case soon.
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$360,000 - 23234 Carnoustie Drive, Foley, 36535
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Oklahoma approves InterNACHI’s FREE online HVAC inspection course … http://bit.ly/4PfKLW
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Home Inspection Certification, Course, Report Software http://is.gd/5bCRf
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