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20 September 2021 | 975 replies
Maybe landlords will finally listen to what I am saying.This is not the solution for you.https://www.washingtontimes.co...This is .....Dear President/Govenor/Senator/Congressman/HUD Secretary/Govenor (You Fill in the blank)Thank you for all that you are doing to help citizens and businesses affected by COVID-19.As you are aware, Landlords provide a vital service to many millions of Americans.
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22 March 2020 | 14 replies
Your local laws will be VITAL when you are a landlord.Bonus step: Not everyone will agree with this one, but I think you should make an attempt to learn and understand some of the trades like contracting, plumbing, etc.
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16 April 2020 | 72 replies
Credit Reporting During COVID-19")This advisory from Stokes Lawrence says two interesting things:A loan modification is normally classified as a "troubled debt restructuring" (TDR), which negatively affects credit.
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14 April 2020 | 160 replies
This is the letter you need to send not to your tenant but to your representative.Dear President/Govenor/Senator/Congressman/HUD Secretary/Govenor (You Fill in the blank)Thank you for all that you are doing to help citizens and businesses affected by COVID-19.As you are aware, Landlords provide a vital service to many millions of American.
21 March 2020 | 1 reply
Observe how they deal and communicate with you, how they make you feel, and how they work with people.Your property manager should also excel in negotiation and managing complaints because these will be vital in dealing with different types of tenants over the lifetime of your rental property.3.
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30 March 2020 | 19 replies
Modifications to your contract, assuming you have a contract, are legal matters so your real estate agent shouldn't be legally involved with modifying your contract.I agree with some point of the other two posts.
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7 April 2020 | 15 replies
That can be vital in a hot market.
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26 June 2020 | 36 replies
There is guidance on the FHFA site for mortgage modifications and forbearance:https://www.fhfa.gov/Homeownersbuyer/MortgageAssistance/Pages/Coronavirus-Assistance-Information.aspxThis appears to be the revamped HAMP program.
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24 March 2020 | 7 replies
I do know (personal experience) commercial lenders have reached out to borrowers in the past week or so and are already started dialogue on workouts / modification / forbearance plansLet’s see where this goes, it’s just the beginning of the movie
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10 April 2020 | 16 replies
Includes Sample Documents and Practice Aids, Fannie Mae Information, Freddie Mac Home Affordable Modification Program, and more.The foreclosure survival guide: keep your house or walk away with money in your pocket, by Stephen Elias, Nolo, 2019Covers workouts, foreclosure, and walking away.