Ann Howell
Assuming risk when foreclosing on a note
14 February 2015 | 12 replies
So through the process a junior interest can redeem a senior interest, by paying the total due or they forfeit their right and their interest is removed from the Subject Property.
Kyle Good
Clarification on New Jersey regs:
30 July 2015 | 3 replies
KyleI believe you can put in your lease the security deposit is forfeited if they break the lease early.
NA Jones
Chances that HUD will renegotiate?
17 January 2015 | 11 replies
Your strategy could be to walk away and forfeit your earnest money and attempt to purchase later at a lower price.
Rob White
My long term tenant is illegally Vacation Renting my Condo
23 August 2018 | 14 replies
Seems to me this is a breach of the lease and potentially forfeiting the deposit but I would check with a local attorney for verification.
Ted Klein
Too Long from first point of Contact until Lease Signing?
31 May 2017 | 22 replies
If they sign the lease and fail to move in, their holding deposit gets forfeited.
Joshua Hughes
Is this a BRRRR strategy
30 June 2022 | 4 replies
If you don’t submit the balance of the funds, you forfeit your 5% ($5,000) that you used to bid the day before.
Charlie Moore
They broke lease but are still living there....
15 July 2019 | 14 replies
It's case law that tenants who enter the eviction process thereby forfeit the full amount of their security deposit due to the emotional damages they inflict on the landlord -- the deposit automatically converts to a judgment to compensate you for your pain and suffering not knowing what's going to happen to your rental.
Jag Sekhon
Investing Out of State?
28 October 2013 | 39 replies
That's something you'll likely be forfeiting.
Account Closed
Wholesalers 'Contingency' Approach Evades Financial Qualification & Commitment
4 March 2015 | 3 replies
i dont wholesale nor consider wholesaler offers but perhaps someday will. i just don't understand what's in it for the seller to waste even more time in contract with someone thats not trying to get financing, but with someone thats trying to find another buyer to enter into a subcontract with that will in turn start trying to get financing within another contingency window; thus the seller accepting a wholesaler offer is entering into a potentially double contingency unless the buyer found by the wholesaler is an investor who is actually cash buyer.do wholesellers at least forfeit some of their deposit to the seller if/when their contingency period expires unfulfilled?
Grant Doyle
Just purchased property, tenant wants to move out.
27 October 2019 | 27 replies
Tell her she can leave but will forfeit the deposit.