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28 February 2015 | 7 replies
The seller releases the sold property and retains a collateral interest in the other rentals that will amount to say an 75/80% Combined loan to value to secure his loan at that settlementAfter that settlement, the seller can trade his collateral from your other properties and consolidate the collateral back to the property he sold as a second mortgage behind the bank.You got 100% financing accomplished without going to jail and misleading the bank.The seller's equity is always secured.
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11 March 2008 | 4 replies
There is a program out there, funded by settlement money from all the major banks.The program allows for no closing costs, no down payments, and right now the rate is 5.25%, they are also not dependent on credit.However you must complete a homeowners course with them, are more strict than FHA as far as the house being in immaculate condition, and you must agree to bi monthly drafts for your house payment.Really is a great program, check em out the website is www.naca.com
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1 November 2013 | 9 replies
These records should also contain les Partages (settlement or share-out papers) - the list of those (family members) who received a share of the estate.Once upon a time, les minutes du notaire were only sent to the protonotaire of the judicial district when the notary retired.
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3 March 2015 | 3 replies
Can you get anything from the class action settlement fund for PB pipes?
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5 March 2015 | 6 replies
This coverage will offer defense and claims settlement for alleged or actual injury caused by CO2 emissions from a heating or air conditioning source.You can add a "personal umbrella" to cover your personal liability exposures of your home and auto, if your net worth justifies it, but you should keep any income producing assets separate from your personal liabilities.
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16 November 2016 | 159 replies
Jay, the reason you've probably not seen surplus property sales is once the claim is made the government becomes aware of the death and then the probate is opened and the search for heirs commences and more than likely a settlement is made for the heirs to release their claims.
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4 March 2015 | 2 replies
If that option is a no go then could we have our buyer pay our assignment fee in a separate escrow to be executed upon completion of the closing so that it won't show up on the final settlement form?
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6 March 2015 | 9 replies
If it's a Starbucks coffee with a national guaranteed lease then giving some TI as the landlord makes sense as chances of honoring the lease full term are high.When a business starts to fail generally a negotiated settlement is reached with the landlord.
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9 February 2015 | 7 replies
Having a lien placed on the property after settlement is something that pops up in loan reviews.
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28 February 2013 | 3 replies
Sale was actually scheduled to close today - and I agreed to a credit of $2000 in lieu of certain repairs.However, today - my lender through a curve ball and stated that I can not have more than $1,000 (approximately 2% of purchase price) as credits from the seller on my settlement statement - or my loan can't be funded.Has anyone heard of that before?