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30 July 2024 | 6 replies
One said I can go direct to the underwriter to get a deal from them regarding the mortgage, since the servicer will not negotiate the payoff (150k+ interest and fees alone) and I don't have the note holders consent to do a proper Subject To deal.
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24 July 2024 | 2 replies
Would moving the property into a revocable trust help?
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24 July 2024 | 1 reply
Seller consents to give Buyer the right to post the property on any websites, including but not limited to the Multiple Listing Service, for the purposes of pre-marketing the property or to gauge the interest of financial partners, contractors, or assignees from Buyer’s network."
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23 July 2024 | 4 replies
So, if a tenant does something themselves without landlord consent that is on them. 3.
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22 July 2024 | 19 replies
When a person who has entered into a written contract for the sale and conveyance of an interest in real property dies before its completion, the executor or administrator of the decedent's estate, if not required to otherwise dispose of the contract, may, with the consent of the purchaser, obtain authority to complete the contract by filing an application for that authority in the probate court of the county in which the executor or administrator was appointed.
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22 July 2024 | 9 replies
Important to make sure everything is super clear regarding signature authority, consent requirements and everything is up to good standing with the local state
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22 July 2024 | 8 replies
Good morning,So in my lease I have it say “The Tenant will be allowed to have visitors for a maximum of 14 days ONLY with consent from the landlord.
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27 July 2024 | 108 replies
Make sure it's revocable, so you can make changes as necessary.
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20 July 2024 | 5 replies
This obviously puts us in a tight spot as we have work scheduled to start soon and need the loan to finance the rehab.My question for lenders is, can her Mom take out a home equity loan on the inherited property of which she is listed as a lifetime estate tenant without the consent of my girlfriend (co-owner)?
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19 July 2024 | 5 replies
Simple answer, yes these are all normal things to utilize.However, as to how they are used - that will depend entirely on where you are going and what you are trying to accomplish.For tax purposes, given it is generally a bad idea to use an S-Corp or C-Corp for holding real estate, any other tax structure will have absolutely no difference from one another - IE an LLC taxed as a partnership, an LLC wholly owned by you and disregarded for tax purposes, owning directly, or owning through a revocable trust - all of these have the exact same tax result at the end of the day.