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21 November 2006 | 4 replies
For instance, here in MA you are required to have the fire department come and check the smoke detectors.
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26 November 2006 | 23 replies
If the lender does not require seasoning and FRAUD isn't committed, then there is no crime and no one is going to jail.Most banks via their commercial departments, which myself and 95% of the investors I sell to use if they are not paying cash, have absolutely no requirements of seasoning from the seller.
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16 October 2006 | 4 replies
Department of Housing and Urban Development, Hispanic homeownership reached a record 49.5% in 2005, and two million more Hispanics are expected to buy homes in the next four years, according to data from the Toms Rivera Policy Institute at the University of Southern California.
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5 November 2006 | 11 replies
Most of the time you will be dealing with someone who is not the most responsible type of person, but its nice getting the check from HUD or rather in Amarillo it comes from the city housing department.
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5 July 2007 | 7 replies
I'd start by talking with your city planning department.
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10 November 2006 | 1 reply
:cry: 1 - Build relationship with probate/divorce attorneys, real estate owned departments in several banks, closing attorney, appraiser, a few private lenders and a general contractor.
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26 October 2008 | 3 replies
Income taxes due from depreciation recapture can not be deferred into the following income tax year and are due in the taxable year in which the Investor disposed of (sold) his relinquished property.It will depend on whether the Tax-Deferred Exchange Agreement used by the Qualified Intermediary for the Investor’s tax-deferred like-kind exchange transaction includes the required language contained in Section 1.1031 of the Department of the Treasury Regulations prohibiting access to the 1031 exchange funds until the following income tax year.The ability to defer the recognition and reporting of the taxable gain into the following income tax year depends on when the Investor has the right to obtain access to or receive the benefit from his 1031 exchange funds.For example, if an Investor disposes of his relinquished property as part of a 1031 exchange and the relinquished property disposition closes on December 1 of any taxable year, the 45 calendar day identification deadline and the 180 calendar day exchange period are both in the following income tax year.
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11 December 2006 | 9 replies
I have used one from Bank of America before, but they try to contact you through their mortgage department once you submit.It would be nice to have a complete list of sites to use to get a blemded average to determine electronic AMV.Thanks,
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23 February 2007 | 4 replies
You may, however, wish to consult with the Department of Housing and Urban Development to determine their rules regarding real estate sales and the arranging of FHA loans.
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26 February 2007 | 11 replies
If you are comfortable with what you wear, you will project yourself in a better light, and even if you are a little rocky in the experience department, the seller won't hold you to a higher standard than if you came in there suited up.