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7 September 2023 | 2 replies
They ultimately did obtain a mortgage which was secured by the property, but the fuzzy area for me is how they obtained a mortgage in the first place.The DOJ is prosecuting the borrower for two other bank fraud schemes wherein he temporarily misappropriated funds (he's a fiduciary) to create collateral accounts for the purpose of inflating the balance for the 3-4 months required to qualify for, induce loans from, third party banks.A few days ago the DOJ submitted an exhibit list for his jury trial that included mortgage loan docs for my sale, and there was a collateralized account with a bank with a credit line that exactly matched the mortgage amount he obtained from a lender.
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10 September 2023 | 14 replies
For example, any custodian, janitor, employee or agent of the owner or manager of a residential building who exhibits a residential unit therein to prospective tenants, accepts applications for leases and furnishes such prospective tenants with information relative to the rental of such unit, terms and conditions of leases required by the owner or manager, and similar information, is exempt.For more information about these and other Wisconsin property management requirements and exceptions, please contact the Wisconsin Real Estate Examining Board.Before hiring a property manager to manage your Wisconsin rental property, you should always check that he or she is licensed appropriately.
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23 July 2019 | 15 replies
Is there any chance of you providing an example of exhibits B through E as well?
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9 October 2021 | 177 replies
@Morgan Daniels I bought my first rental property while based in Australia so let’s definitely connect re: international investing.
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19 October 2020 | 11 replies
The longer a property stays under contract but not yet sold, the greater the risk that things will happen so the larger the earnest money should be See exhibit 1: COVID-19.
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19 October 2020 | 31 replies
Please pardon my delayed response, I am about 10-13 hours ahead here in Australia :).
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27 July 2023 | 237 replies
Lets be honest, if you could actually pay off a mortgage in 5-10 years without paying any extra money, then this wouldn't be some super duper secret that some random Youtuber discovered while making a home video in his basement, it would be common knowledge in a multi trillion dollar industry.I've watched dozens of these videos, and each time I'm appalled by the general lack of knowledge that each poster exhibits.
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7 November 2015 | 7 replies
Not just in the traditional since, but more so understanding the different exhibits that are required and maybe the techniques that are used when your closing doesn't go smoothly, mostly things to save deals from falling out of contract.3.
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28 August 2023 | 3 replies
Hi to all,I am based in Australia and buying property in the US using realtors.I want to subscribe to a software such as Propstream or similar.Can anyone recommend which one has the most current information and is best on the market today?
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6 November 2016 | 5 replies
Also I'm a US citizen, I'm just living in Australia at the moment.