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25 July 2024 | 22 replies
Alternatively, this can be sent to collections (creditor transferring the responsibility of collecting debt to a third-party agency).
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23 July 2024 | 5 replies
Being able to transfer a license from one property to another in residential zoning districts will be a big issue in the future and there is a cap on the number of permits allowed in specific zoning areas.
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22 July 2024 | 9 replies
Most borrowers that close conventionally can transfer the title to an LLC post closing.
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23 July 2024 | 18 replies
Also it appears the company they want to transfer the loans to I looked up on NMLS consumer access is not licensed....
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23 July 2024 | 2 replies
If you have a loan, you may wish to look into due-on-transfer clauses.
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22 July 2024 | 0 replies
The gradual recovery of international travel and tourism could provide additional upside for the market, particularly for upper-tier properties.However, potential headwinds include:"- Flat population growth, which may limit organic demand increases- Economic uncertainties that could impact both business and leisure travelOverall, the Los Angeles hospitality market appears well-positioned for sustained performance improvement over the next several years, with upper-tier properties likely to see the strongest gains in ADR and RevPAR.Full Market Report: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/...Contact me for a complimentary market valuation analysis report for your hospitality property today.
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19 July 2024 | 4 replies
When using the Fannie/Freddie/Federal Home Loan Bank second home occupancy loan and you transfer title within the first year to an LLC that the borrower is majority owner of it will not trigger the due on sale clause as long as you can attest that it will continue to be a second home.
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22 July 2024 | 3 replies
I actually do a lot of relocation business with Lockheed and have helped with a lot of employees transferring in and out of Orlando.Best of luck!
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23 July 2024 | 17 replies
Public records show a deed transfer from Ace Hospitality Managers LLC to Relianse Extv LLC on 11/16/2022.
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22 July 2024 | 9 replies
I’m the sole owner of the LLC, would I be keeping the property in that name or it would it have to be transferred over to my personal name to be financed conventionally?