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17 December 2024 | 42 replies
The trustee, borrower or bank can ensure you get your hand slapped hard for approaching the circumstance as a work-out or foreclosure fix it guy without a license or being an attorney.Let's say that we can approach the owner and be in compliance, which you can.You will not purchase a note as an individual investor from a bank that has started foreclosure by making an offer like that.You get a request from the borrower for the bank to sell the note in lieu of payoff as demanded.
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11 December 2024 | 34 replies
If you don't see result they provide more assistance to ensure your units are profitable.
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19 December 2024 | 4 replies
I own 12-doors in Detroit proper.
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12 December 2024 | 6 replies
They can limit what property owners can do, including house hacking.Even if the city has no restrictions, if legally binding and properly recorded, covenants can enforce rules that supersede local ordinances for those living within the neighborhood.
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18 December 2024 | 15 replies
You should also check to ensure they have Errors & Omissions insurance, Fidelity Bond coverage, and a Financial Institution Blanket Bond.Some are more consultative and advisory and provide guidance, while others are just processors.
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19 December 2024 | 5 replies
This was also confirmed when I went there to submit the required documents, but they couldn't give me a proper timeline on when it would happen claiming that they were backed up.
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19 December 2024 | 7 replies
You can try your luck to see how long it’ll take for the roots to re-grow, but be prepared to eventually make the proper repairs.
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18 December 2024 | 5 replies
If I have been given proper notice of move out, then generally I prorate the days past the move out date based on the actual monthly rent that month.
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17 December 2024 | 2 replies
@Sanjeev Advani I’m not saying they’re all like this but since Circle K bought 3 local convenience stores they have never been able to staff them properly or maintain employees.
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12 December 2024 | 20 replies
Be thankful you have a section 8 tenant who is coming to you first with this issue and trying to get it rectified through the proper channels.