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30 September 2024 | 0 replies
The law of large numbers states that if you can increase the likelihood of a renewal of any given tenant over time with enough tenants, you will increase your renewal rate substantially.
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30 September 2024 | 1 reply
In my opinion, you want something that will protect you, but is also understandable for everyone signing.Keep in mind that at the end of the day, here in Illinois, the state is generally contractor-friendly in the court of law, so making sure you document everything clearly with payment will protect you against any potential mechanics liens.We have had several projects that did not go perfectly here in Chicago because we overpromised and didn't keep tight enough documentation.
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1 October 2024 | 6 replies
Also, having a loan servicer handle the logistics will make it easier to manage the transaction while ensuring that taxes and insurance are handled correctly.Always consult with a real estate attorney to ensure that your seller financing agreement complies with state and federal laws.
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29 September 2024 | 13 replies
In my state, the new landlord is required by law to serve a change of landlord notice within 15 days of assuming ownership.
2 October 2024 | 28 replies
., though, things can be a bit trickier due to varying liquor laws by state and even by county.
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3 October 2024 | 26 replies
My sister in law just got herself a townhome in Westminster for 170k, but it did take them somewhere around 4 or 5 months.
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29 September 2024 | 1 reply
DC is also one of the most "renter friendly" places in the country, so really make sure you do your homework and consult an attorney when writing up your lease to make sure that your property and your lease is in compliance with rental law.
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30 September 2024 | 5 replies
But, compliance with securities laws are much more difficult.
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30 September 2024 | 10 replies
Tags: Kenosha Wisconsin fsbo agent realtor Legally you were never expected or bound to offering the commission.Now you can simply only pay the selling agent, and the buyers agent has to inform the buyer that they might have to pay - in an ideal world....The risk of not offering to pay the buyer side is the buyer can tell their buyers agent to skip houses where they would have to put out for the commission, it may result in less offers on your home.It is now ultimately up to the seller, but in a for sale by owner.... you are not signing any listing agreement with a listing agent so, again the buyer's agent would need to pay the agent.If you are an agent selling your own home off-market FSBO, check your state laws on disclosure etc.
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30 September 2024 | 4 replies
In Iowa the law was just passed that makes assigning contracts as a business model Illegal and the closing attorneys will not close those.This was a Wholetail deal IE buy it trash it out and sell as is.