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23 January 2025 | 15 replies
There are many unqualified LOs, that are almost about to quit because their pipelines are so dry, that they will tell you anything to pull credit, order an appraisal, and switch terms on you at the very last minute.
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12 January 2025 | 185 replies
If the mortgage is in trouble that would trigger a foreclosure.
13 January 2025 | 7 replies
Selling would likely trigger capital gains taxes (unless you lived in the property for two out of the last five years or use a 1031 exchange).
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6 January 2025 | 13 replies
Don't over think this, pull the trigger actions create results.
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12 January 2025 | 8 replies
There are often automated flags that will be triggered if you do it, so it's best just to know how they will react.
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26 January 2025 | 3 replies
While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.
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30 January 2025 | 62 replies
And they did it for years before my family bought that ranch.Many my age born in the 50s we did work in Ag in the 60s I lived in Cupertino CA and I cut Cotts in the summer.. thats splitting apricots in half and laying them on a big wooden board to then dry naturally in the sun out doors.. hard to find REAL dried apricots these days U can still find them in Trader Joes though..
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18 January 2025 | 15 replies
Dig into reverse mortgages before pulling the trigger on anything, specifically HECM's (FHA product).
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11 January 2025 | 2 replies
Effectively a 'Firestorm' is a dry hurricane that rains fire, with nearly indefensible circumstances, just like the catastrophic flooding, hurricanes, tornadoes and other disasters they have and will intensify in severity and rapidity.Beyond directly impacted property owners, investors, insurers and businesses, the downhill effects of the SoCal fires on the immediate and surrounding areas are astronomical and still somewhat incomprehensible.