Aaron K.
Interesting dilemma - Title search shows existing mortgage, owner states it was satisfied, but no proof exists. How to purchase?
16 May 2014 | 3 replies
The discharge of the mortgage needs to be recorded at the Registry of Deeds.
Brandon Mueller
House going to probate prior to closing.
10 July 2019 | 2 replies
Brandon, the contract would be null and void:"Where a party dies after the contract is signed and before settlement occurs, the contract is then automatically terminated, or discharged. ...
Albert Guse
Post Bankruptcy mortgage
19 May 2020 | 1 reply
So we had our chapter 7 bankruptcy discharged July 12th 2018.
David Lowrimore
Advice to newly discharged Military member with $15k savings
7 May 2020 | 9 replies
Hi, I’m David, 25 years old and I’m scheduled to get out of the Military in about a month moving to Bend, OR (very expensive, few STR licenses)
I have $15,000 In savings and would like some advice for a first time ho...
Andres Guillen
Buying A Home After Bankruptcy
11 July 2018 | 2 replies
with a Ch 7 or 11 BK ...most conventional lenders / programs require 4 yrs since discharge before a new loan is possible ...with a CH 13 - 2 years with a Ch 7 BK ...most FHA lenders / programs require 2 yrs since discharge before a new loan is possible ...with a CH 13 - 1 years ( plus re established credit is needed along with all accounts paid as agreed from discharge date ) there are some lenders that might offer programs before these waiting periods ...but these likely have rates 2% higher than " regular " rates and down payment requirements likely higher
Kristian A moreno
Your house is not an asset..
1 November 2018 | 84 replies
So banks love it when you move in 5 years and then discharge the mortgage.
Cleo Bucceri
Drug and/or illegal activity clause?
23 May 2018 | 9 replies
Engaging in acts of violence or threats of violence, including but not limited to the unlawful discharge of firearms, prostitution, criminal street gang activity, intimidation, or any other breach of the Lease that otherwise jeopardizes the health, safety or welfare of the Landlord, his Agents or Tenants.
Mike Healey
Income Requirements for Tenant Criteria
5 August 2019 | 9 replies
If the tenant has a score below this, it will result in an increased deposit or cosigner requirement.A bankruptcy discharge will result in application denial.A paid rental collection and/or judgment will result in application denial.Smoking Policy: Our rentals are strictly non-smokingTenant’s guests who smoke should only smoke outdoors, at least 25 feet from any door or window and not on the propertyTenants will be fully responsible for damage caused by them or their guests during their tenancyPublic Records Criteria:An eviction and criminal records search will be conducted as part of the screening process.Applicants will be denied for the following or similar reasons: False, inaccurate, or incomplete applications; credit scores, evictions,judgments related to rental residency, tax liens, unpaid child support; current bankruptcy proceedings; felony convictions, multiple felonies, physical or violent crimes, domestic violence, sex offenses; and/or appearance on any sexual offense or terrorist database.Applicants may be denied or required to pay additional deposit or rent for the following or similar reasons: Insufficient verifiable income, excessive late rent payments, broken leases, property damages, unpaid rent, mortgage not current, foreclosures, credit scores or no credit score, excessive credit collection balances, slow pays, drug related offenses, etc.Cosigner Criteria:If a co-signer is required, the co-signee must have a gross monthly income 3x the monthly rent.
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Joint Venture
14 September 2006 | 2 replies
The gist of what they do is, they go into business with a seller to attempt to sell the property they are trying to discharge, and they get the seller the money they ask and anything in excess of that price, belongs to them.
Jamane Y.
Vacant Land and Perk
23 October 2017 | 20 replies
The perc. test has nothing to do with the septic tank, it is related to the leach field which is where the liquid effluent is discharged into the soil.