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13 June 2018 | 6 replies
In her book she said if a investor put a deed in a land trust to cover up the due on sale clause, this action could be consider a mortgage fraud; because if a court rules that the intent was to keep the bank from exercising its legitimate rights by hiding an important fact (deed transfer), I can be accuse of mortgage fraud.
12 June 2018 | 23 replies
You can have two identical homes in different parts of town that could be 3x the home value and 3x the rent of the other.
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13 June 2018 | 19 replies
We track all expenses in our check book and check the account daily online looking for fraud.
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11 June 2018 | 0 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.I have done the numbers on two identical manufactured homes.
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12 June 2018 | 2 replies
The benefit you get from manufactured homes, at least in our experience, is a lower price compared to stick built with almost identical rents as stick built.
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17 June 2018 | 1 reply
The appraiser will find whatever comps are closest, and then they have a formula to add $10K for a half bath, 15K for a full bath, etc. it’s how they ‘even out’ similar but not identical comps.
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24 June 2018 | 8 replies
PayNearMe cash payments are 100% guaranteed good funds and are directly deposited into your bank account, which means no hassle or fraud for you to deal with."
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24 June 2018 | 4 replies
Failure to disclose would be loan fraud on her part and you would be contributing to that crime.
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25 June 2018 | 6 replies
Both units are identical floor plans and I was able to add a third bedroom (making each unit a 3 bed 2 bath) and tear out the kitchen pantries creating twice as much counter space as before with a much more open floorplan.
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2 July 2018 | 24 replies
It sounds like its kind of in limbo, its in my name but held in escrow...One more general question if I may, an investor named Joe Crump talks about Multiple Mortgages and I'm wondering if this is the same thing as a wrap around mortgage that I come across more often.The structure of the deal is identical to a subject to, however the seller has significant equity that he would like to take out, in which case a second mortgage is created to the seller in the amount of the equity.