Financial Freedom One House At A Time
FiFa is a four-letter word Well technically FiFa is not a four-letter word. It’s an abbreviation for the two Latin words Fieri Facias that translate to “you shall make happen,” which you’ll understand in a minute. A FiFa is a lien issued by the clerk of court to a lawsuit winner who has been awarded a judgment. This lien becomes public record and gives the sheriff’s office…
One of the biggest mistakes I see beginning investors make is buying a property a long distance away from where they live. And trust me, I understand. It was a great deal. And you hadn’t seen anything that cheap around you. Ashley and I did the same thing when we bought a place for $8,000 45 minutes (one-way mind you) from where we lived. And that…
We’re buying a house over in Adairsville — one of those buy-it-in-less-than-a-week-type deals — which means that for things to move that quickly, everything has to line up just right. We got the house under contract Sunday, hoping to close it on Friday. Monday morning, my closing attorney ordered a title search. This is important for two reasons. No. 1, you need to make sure your…
Can you make creative offers with a realtor? You certainly can. Agents will present any and all written offers to their clients. Just make sure you realize this doesn’t make the seller’s agent your agent, however. At the end of the day, the seller has a relationship with their agent. They trust their agent and have hired them to council them as to what is in their best…
A no-good deed goes unnoticed: The deed room is a very important place to frequent, especially once you put a house under contract to buy. You need to make sure the people selling you their house can legally do so. Your closing attorney will look at the chain of title for you, but this often occurs a day or two before your scheduled closing date. By running…