Category Archives: Best Real Estate Agents
http://www.REIClub.com – What Happens During Real Estate Closings? Here Are A Few Tips On Closing Real Estate As a Wholesaler… Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on how a typical wholesale closing works. The first thing you have to do is find is a title company: Title company, closing agent/attorney – Quick – avg 3 business days – Attorney – look over title work, cleared Types of Closings – (money usually sits in closing escrow) – Simultaneous closing (aka. double closing, back to back closing) – using buyer funds to close, buyer shows up first (morning), purpose of this close is to obtain cash at closing. – Transactional – using short term third party funds to close – Find the buyer (C of transaction) to repay the third party. Location – prefer using your closing agent for all real estate closings – ease of paperwork – saves time, energy and money – closing agent that understands wholesaling deals – back to back closings, double closings – make sure the seller and buyer show up at different times (morning vs afternoon) Closing Costs – negotiable – Wire fees – Attorney fees – Tax Service Fee – Title Insurance – Title Examination Fee – Deed Preparation – Etc… – although two closings – A to B to C closing – should not have to pay two full sets of fees – be more flexible with seller side – buyers are more flexible with you Seller Closing – comes in afternoon to sign docs – seller does not need to know profit margin for wholesaler – draft a separate settlement statement Buyer Closing – prefer buyer closes first (morning) so can use their funds – separate settlement statement Getting Paid – wholesaler gets check for net difference between two transactions Real Estate closings are generally pretty straight forward for Real Estate Investors. Your main objective as a wholesaler is to make sure that the A and C side of the transaction go smoothly, and that all parties are happy; more your buyer than the seller. This may require your title company to creatively structure the paperwork, to you, creatively negotiating the deal. Just remember, never throw away a deal for a few dollars, eat the cost, make your money and get out. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you’ll be automatically notified when we upload more quick video tips for you. Take care and good investing. Sponsors & Contributors New Jersey Real Estate Attorney Special thanks to Khorozian Law Group, LLC for their insight & help in editing this article. You can find their online profile here. This attorney has provided great legal info and we just wanted to send a shout out.
Corporate Housing Houston Galleria P. Manley of the Manley Management corporate housing company in Houston is the Go to guy to talk to when it comes to corporate housing options in the Galleria area.
real estate agent in the Houston heights http://www.manleyrealty.com/inner-loop-properties/houston-heights-homes-for-sale/ Call to list your home or see Houston Heights homes for sale. We have seen tremendous opportunity in the Houston Heights area. Many home buyers love the neighborhood because it has a great vibe, excellent nightlife, one of the best walking ratings in Houston, and excellent access to Houston’s business areas. Patrick and Donna Manley of Manley Realty Services, PLLC have specialized in Houston Inner Loop Real Estate for more than 20 years. If you are looking to purchase or sale a home in the Houston Heights, then you should give them a call at 713-256-1447. They can educate you on the market in the Heights and let you know where the local hot spots are. #houstonheightshomesforsale #houstonrealestate #manleyrealty #houstonheightsrealestateagent Manley Realty Services, PLLC 1711 Old Spanish Trail #421 Houston, TX 77054 (713) 256-1447 http://www.manleyrealty.com/ Find Us Online: https://www.youtube.com/c/Manleyrealty https://www.facebook.com/ManleyRealtyServices Tweets by dmanely8 https://www.linkedin.com/in/donnamanley1 https://about.me/DonnaManley http://intheloopproperties.weebly.com/ https://plus.google.com/+Manleyrealty/posts http://www.yelp.com/biz/manley-realty-services-pllc-houston http://www.bbb.org/houston/business-reviews/real-estate/manly-realty-services-pllc-in-houston-tx-90036608/ Manley Realty Services, PLLC can help you find your dream home in the Houston Heights. Whether you are looking for a town home, single family home, condo, or investment property…we can and will accommodate. We specialize in the Houston urban luxury lifestyle. You can learn more about Donna and Patrick Manley, Houston heights real estate agency here. Manley Realty Services can be found online in many different locations. They have a huge online footprint, and that is probably why so many people use them to buy a home in Houston. Why Specialize in the Heights? This area of Houston has seen tremendous growth in the last few years. Many real estate agents have chosen to build a nice client portfolio here. The Manley’s recognized all the potential in the Heights, and decided to become one of the top real estate agents in this area. Be sure to call Donna if you have a home for sale in this area, or if you’d like to buy a home in the Heights.