Good Day, Should I pay points on a refinance of an investment property/condo?

I currently own $141,000 and have a rate of 6.875% on a 30 year mortgage. I have owed the condo for 1.5 years and have been making principal payments of $100.00 each month. BAE mortgage quoted me 5.71 APR to refinance into a 30 year. If I wrap the closing costs into the load the [...]

Should You Rent A San Diego Condo Or Buy One?

Are you in the mist of examining San Diego condos? If you are, you will likely come across San Diego condos that are for rent and San Diego condos that are for sale. Have you? If you have seen both San Diego condos for sale and for rent, you may be wondering which approach you [...]

Who should pay for the damage in the Rental Appartment?

I rent the Condo out.
My Tenant was out for a few days.
At this time some pipe got frozen and the water damage got occured due to low temperature in the appartment.
My Tenant is claiming that the Thermostat was broken.
However he did not mentioned that to us.
I have no Homeowner insurance policy but Master Policy which [...]

What should I do about my realtor who screwed up conveyance of parking spaces in the sale of my condo?

I entrusted a realtor to handle all aspects of the sale of my condo, including the choice of the settlement company and the title company. After settlement, with my realtor there with me, the buyer went through the settlement documents very closely and discovered that my realtor’s settlement company had mistakenly conveyed two parking spaces [...]

How much should i expect to pay for Home Owners Insurance on a small condo in florida?

The appraisial value is about $80,000, its 700sq.ft bottom floor unit.

Should you Invest in Overseas Real Estate?

Here are two propositions for you – you decide which one you like better.

Proposition One: Invest in spectacular real estate in an exotic location like Bulgaria, Malaysia or even a condo on a cruise ship.

Proposition Two: Put your money into a rental property investment far from your home, in a country where you don’t speak [...]

Are there any rules for what should be included in HOA’s for a California Condo Conversion?

We are considering purchasing a recent condo conversion. There are only 6 units in the building – there is no pool, gym or common area and the grounds are limited. The HOA’s are quoted around $300 and covers water and fire insurance. That sounds a bit high and I assumed it would [...]

Should I pay my real estate lawyer I had for my real estate sale?

Let me start by saying that the closing a sale or buying is a scam by the mortgage groups, realtors, and lawyers…
I had pircked a lawyer recommended by my real estate agent and agreed on $600. This was a condo sale, which was difficult to move in this market. Things happened very quickly, [...]

Should my condo insurance cover more than just my stuff like appliances, cabinetry, countertops, flooring?

What kind of insurance should I get for my condo?

I live in an aging condo that was very poorly built. Pipes leak often and the electrical work is very dubious. I need a serious insurance policy to give me the best iron-clad protection. I currently have an HO-6 policy, but I don’t feel safe. What are my options?

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