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20 August 2016 | 4 replies
By Zillow's own assessment, they admit that their data is coming exclusively from assessed values:http://www.zillow.com/howto/DataCoverageZestimateA...This changed from about a year ago when they gave themselves 0 stars because of the lack of data.
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22 August 2016 | 1 reply
Your local newspaper under "Estate Notices" in the classifields may yield the executor and contact info.
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29 August 2016 | 2 replies
Since it isn't a part of either unit and isn't exclusively used, I wasn't sure if I could put that all on one or another unit or if it'd need to be split as well.Thanks, and hopefully my questions are all coherent enough!
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24 August 2016 | 6 replies
@Andrew R. the NRW 91-01: Withholding on Sale of Real Property by Nonresidents is a good link - I went to bookmark it and found I had already done so in 2012 :)My understanding is that it's "withholding" meaning the seller may get some or all of it back once s/he/they file a tax return in Rhode Island for that year.Also a close reading mentions a possible exemption for sellers 55+"In the event that the sale of the property by a nonresident will not be subject to tax under Sections 121 (One-Time Exclusion - Over 55 Principal Residents)... the nonresident seller must make the gain election and file the RI Form 71.3 Election even though no withholding need be made""If the property Martha was selling was her residence and if she otherwise qualified and intends to treat the sale under Section 121 of the Internal Revenue Code (one Time Exclusion Over 55 Principal Residence), she would still have to file the election form 20 days before the closing but would complete the election form and use the special types of transactions area on the back.
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18 September 2016 | 4 replies
Cheapest money we can find so far is 8% would like to get that down.Our clients are exclusively in Shelby County, (Memphis) Tennessee.
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1 September 2016 | 14 replies
The good thing about Bradford is that it still has a healthy amount of multi fam's, as well as demanding a bit of a rental premium, and I feel that I would be able to focus almost exclusively in Bradford for purchases for a very long time.Let me know if there's something you'd want me to elaborate further on with regards to picking an area.As far as Worcester area, I used to live there when I first graduated college, 3-4 years ago.
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12 December 2016 | 7 replies
Hi @Pei Pinney, I'm also from Pasadena and invest exclusively outside of California.
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26 August 2016 | 8 replies
Here are the duties that can be performed according to the FREC:Permissible Activities of an Unlicensed AssistantUnlicensed assistant is defined as support stafffor a real estate corporation or other licensed individuals.Answer the phone and forward callsFill out and submit listings and changes to any multiple listing serviceFollow-up on loan commitments after a contract has been negotiated and generally secure the status reports on the loan progressAssemble documents for closingSecure documents (public information) from courthouse, utility district, etc.Have keys made for company listings, order surveys, termite inspections, home inspections and home warranties with the.licensed employer's approvalWrite ads for approval of the licensee and the supervising broker, and place advertising (newspaper ads, update web sites, etc); prepare flyers and promotionalinformation for approval by licensee and the supervising brokerReceive, record and deposit earnest money, security deposits and advance rentsOnly type the contract forms for approval by licensee and supervising brokerMonitor licenses and personnel filesCompute commission checksPlace signs on propertyOrder items of repair as directed by licenseePrepare flyers and promotional information for approval by licensee and supervising brokerAct as a courier service to deliver documents, pick-up keysPlace routine telephone calls on late rent paymentsSchedule appointments for licensee to show a listed propertyBe at an open house for: o Security pulposeso Hand out materials (brochures)Answer questions conceming a listing from which the answer must be obtained from the licensed employer-approved printed information and is objective innature (not subjective comments)Gather information for a Comparative Market AnalysisGather information for an appraisalHand out objective, written infonnation on a listing or rental
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7 October 2016 | 5 replies
The memorandum (some use a letter of intent) approach is considered a "soft lease option" because the memorandum is generally a non-exclusive agreement that gives the seller the ability to walk away at any time if they choose to do so (even once you've spent all your time and energy finding a buyer and the seller decides to walk away at the last minute), but also gives you the ability to gain an assignable interest via the memorandum in a way that feels less scary to a seller (and generally you can structure the terms of the memorandum to have the rental payments begin the moment you assign, so you don't have to make payments while you're trying to find someone to assign to).You can also gain an assignable interest through a "hard lease option" that is exclusive between you and the seller, and will usually require you to start making payments at a specified date.
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29 August 2016 | 6 replies
If so, you might qualify for section 121 exclusion, in which case the 10k would be excluded from your income.