- 3 Answers
- 2 First Answers
- 1 Useful Answer
I consider myself to be very fortunate. I have the pleasure of traveling across some of the most beautiful country in the world, I get the opportunity to really help people find a better life (lifestyle), and I make new friends everyday. I enjoy working with international clients and second home buyers.
Jeff Tevis's Questions (0)
Jeff Tevis hasn't asked any questions yet...
Check out real estate advice and opinions on
Trulia Voices!
"as is" usually means the Seller will make no repairs and/or is making a blanket statement that any problems that come up during an inspection are at the Buyer's risk. "short sale" means the property is selling for less than the Seller's owes. "subject to 3rd party approval" usually means that in addition to the Seller, and Buyer coming to an agreement, there also has to be agreement with another person (usually lien holder such as a mortgage company). My advise to you is to work with a real estate professional experienced in these sort or properties, there is usually a lot of communication that must occur between all parties. And always discuss whatever you are doing with your legal, and financial advisors. - Fri Mar 7 2008, 13:22
Surely, are you interested in investment or is this a residence? Also what location, and time frame are you interested in? This is needed as the service I have access to is a subscription and I am happy to find this out for you but I need to narrow it down. - Fri Mar 7 2008, 13:11
Hi Krista, I would say you are on the right track. Ideally the person who has the resources to ride out the hard times stands to make the best profit in a flipped house where people usually get in trouble is when they over extend. The tax considerations usually favor someone holding on for a longer period (Land Gains Tax), but you need to speak with a tax professional in any case, as everone's situation is different. Good Luck in your house hunting! - Fri Mar 7 2008, 12:47
Report this profile
Fair Housing and Equal Opportunity logo Fair Housing and Equal Opportunity