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14 January 2025 | 23 replies
DOS or more commonly known as Event of default.Alienation of title is an event of default in most all debt instruments not usually located in the Note its in the mortgage deed of trust etc.And along with other Events of Default IE non payment of Insurance or tax's or waste these all give the lender the right to Accelerate the note but not the obligation..
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19 January 2025 | 27 replies
Even if their Renters Insurance company wanted your insurance info, an insurance represetnative would be contacting you for it.7) You haven't stated if the tenant is current on their rent or withhold rent payments?
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7 January 2025 | 5 replies
I own a mortgage company and know PennyMac.
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9 January 2025 | 9 replies
For example, I have a main account that is for my holding company, sub-accounts for each property, and sub-sub accounts for security deposits and things like CapEx for each property.
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6 January 2025 | 2 replies
I asked the first lender which is a big company and they did not know.
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2 January 2025 | 13 replies
We got really burnt with our previous PM Company and are looking to change.
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11 January 2025 | 14 replies
Hey Joshua, I own a property management company in Maine.
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3 January 2025 | 13 replies
Circuit Court of Appeals late Thursday reinstated a nationwide injunction that had been issued earlier this month by a federal judge in Texas who had ruled that the Corporate Transparency Act was unconstitutional, Reuters reported on Friday, thus suspending the deadline once again for most reporting companies to file beneficial ownership information (BOI) reports with the Financial Crimes Enforcement Network (FinCEN)."
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3 January 2025 | 18 replies
They don't want the company to be potentially liable if an owner doesn't follow through with the inspections and repairs.After the GFC, we needed the capital investment or they would have had to tear down more houses than the thousands that they already have.
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2 January 2025 | 4 replies
But if they only use 50kwh, they still owe $12- They’re basically setting up an annuity for the solar company.