Land Use Amendment has been approved by City Council and we are now exploring to see if we can use the increased equity in the property as the down payment to build the apartment building.

Hi,I'm under contract for a fourplex, and currently in post inspection negotiation.My real estate agent asked me to sign a repairs amendment to the offer that includes a termite letter for the entire property (disclosure from previous offer inspection), as well as FHA required fixes.My question is: should I include additional repairs on this list, or is it possible to negotiate those big ticket items after the current repairs are done?

If you mean that you first filed your tax return showing high income to qualify for a loan, and then you filed an amended tax return to claim more deductions and reduce your taxes - this is a very bad move, potentially classified as mortgage fraud and/or tax fraud. 

Unfortunately, I think that "Except as provided by the declaration" portion may be their out.The same act defines Declaration:""Declaration" means any recorded instruments however denominated, that create a common interest community, including any amendments to those instruments and also including, but not limited to, plats and maps."

The right to bear arms is granted by the second amendment.

I'm wondering how this all went down without something unethical taking place...For your reference and anyone else's here, NAR Code of Ethics states:When an opinion of value is formed for a member of the public the opinion shall include the following:-identification of the subject property-date prepared-defined value or price-limiting conditions, including statements of purpose(s) and intended user(s)-any present or contemplated interest, including the possibility of representing the seller/landlord or buyers/tenants-basis for the opinion, including applicable market data-if the opinion is not an appraisal, a statement to that effect-disclosure of whether and when a physical inspection of the property's exterior was conducted-disclosure of whether and when a physical inspection of the property's interior was conducted-disclosure of whether the REALTOR® has any conflicts of interest (Amended 1/14)Also "REALTORS® shall be honest and truthful in their real estate communications and shall present a true picture in their advertising, marketing, and other representations."

Let me amend my earlier comment to reflect what I'm actually doing right now:  Try to buy the worst property in the best neighborhood you can afford.

High end custom homes you can add add add and still see a return if done tastefully.BEWARE of architectural committees. we were forced to put the most expensive roof on this house in order to not violate the CC&R's which were amended in 2010.

High end custom homes you can add add add and still see a return if done tastefully.BEWARE of architectural committees. we were forced to put the most expensive roof on this house in order to not violate the CC&R's which were amended in 2010.

Prohibits an RGB from setting longevity rentincreases.Part D: Repeals High Rent Deregulation, which allows units to be removedfrom rent regulation upon vacancy after the rent achieves a high rentthreshold; and Repeals High Income Deregulation provisions, which allowsunits to be removed from rent regulation if a tenant's income is$200,000 or more for two consecutive years.Part E: Sets the Preferential Rent as the base rent for the duration ofa tenancy, but preserves regulatory agreements that allow for legal rentincreases.Part F: Allows HCR or a court of competent jurisdiction to look back at6 years of rent history when determining rent overcharges, or a longerlook back period if it is reasonably necessary to make a determination.Eliminates the ability of an owner to escape punitive damages where theovercharges were willful.Part G: Enacts the "Statewide Tenant Protection Act of 2019" to allowany city, town or village to opt-in to ETPA and provides the appointmentof the members of the new RGBs to be done by the opting-in munici-palities.Part H: Amends the maximum collectable rent increase formula thatapplies to Rent Control units to set annual increase at either an aver-age of the last five years of RGB increases, or 7.5%, whichever is less;and prohibits Fuel Pass-Along charges for rent-controlled tenants.Part I: Reforms the personal use exclusion to limit the number of unitsan owner can take out of rent regulation, and requires the use to be animmediate and compelling necessity for use as a primary residence.Part J: Ensures that units rented by nonprofits to provide housing tohomeless or previously homeless people revert to rent regulation at theend of the use by the nonprofit, and that the previously homeless personor persons are treated as tenants for purposes of the law.Part K: Major Capital Improvement (MCI) & Individual Apartment Improve-ment (IAI) Reforms*Limits approvals to work for essential building functions and otherimprovements (e.g, heat, plumbing, windows, roofing); exclude mainte-nance.