20 August 2024 | 16 replies
We will use appraised market rents in both of those scenarios.Typical target closing timeline is four weeks from appraisal payment. 10-14 days for upfront processing and all third-party items to be returned like appraisal, title, and insurance; 10-14 days allocated for underwriting and closing.
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19 August 2024 | 4 replies
Inexpensive and you have access to education resources and the best part is networking with other broker/owners in the facebook group where you can really accelerate learning.
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20 August 2024 | 5 replies
But after that ... hell, move out and you've got a duplex in what otherwise would have been single-family zoning.As it used to be in Denver and Colorado Springs and most cities in the state, you could rent an ADU separately when you live there, but once you moved out, you legally could only rent the whole property to one party.
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20 August 2024 | 2 replies
In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.
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20 August 2024 | 10 replies
I would have both parties involved, especially if it is a complicated nesting structure.
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19 August 2024 | 4 replies
What I suspect is that this is a private party deal where the buyer is an inexperienced agent and just did the contract themselves on the side.
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20 August 2024 | 18 replies
I do agree to pay them their listing fee if the contract expires and someone that they brought to the party while we had a contract returns and buys.
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18 August 2024 | 1 reply
Hi I'm screening an applicant who works at a large organisation that uses 3rd party employment verification system (which I have accessed via the portal from the organisation's website).
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20 August 2024 | 19 replies
When the center was first purchased there should have been a 3rd party roof company inspect the roof that did not put it on so they could give honest opinion if installed properly.If contractor incorrectly installed the roof with the warranty then that could void the manufacturers warranty.