
2 October 2019 | 9 replies
This subsection does not apply to a lien or encumbrance placed on the property that is:(1) placed on the property because of the conduct of the purchaser;(2) agreed to by the purchaser as a condition of a loan obtained to place improvements on the property, including utility or fire protection improvements; or(3) placed on the property by the seller prior to the execution of the contract in exchange for a loan used only to purchase the property if:(A) the seller, not later than the third day before the date the contract is executed, notifies the purchaser in a separate written disclosure:(i) of the name, address, and phone number of the lienholder or, if applicable, servicer of the loan;(ii) of the loan number and outstanding balance of the loan;(iii) of the monthly payments due on the loan and the due date of those payments; and(iv) in 14-point type that, if the seller fails to make timely payments to the lienholder, the lienholder may attempt to collect the debt by foreclosing on the lien and selling the property at a foreclosure sale;(B) the lien:(i) is attached only to the property sold to the purchaser under the contract; and(ii) secures indebtedness that, at no time, is or will be greater in amount than the amount of the total outstanding balance owed by the purchaser under the executory contract;(C) the lienholder:(i) does not prohibit the property from being encumbered by an executory contract; and(ii) consents to verify the status of the loan on request of the purchaser and to accept payments directly from the purchaser if the seller defaults on the loan; and(D) the following covenants are placed in the executory contract:(i) a covenant that obligates the seller to make timely payments on the loan and to give monthly statements to the purchaser reflecting the amount paid to the lienholder, the date the lienholder receives the payment, and the information described by Paragraph (A);(ii) a covenant that obligates the seller, not later than the third day the seller receives or has actual knowledge of a document or an event described by this subparagraph, to notify the purchaser in writing in 14-point type that the seller has been sent a notice of default, notice of acceleration, or notice of foreclosure or has been sued in connection with a lien on the property and to attach a copy of all related documents received to the written notice; and(iii) a covenant that warrants that if the seller does not make timely payments on the loan or any other indebtedness secured by the property, the purchaser may, without notice, cure any deficiency with a lienholder directly and deduct from the total outstanding balance owed by the purchaser under the executory contract, without the necessity of judicial action, 150 percent of any amount paid to the lienholder.

14 October 2019 | 8 replies
As such, I believe if the agreed fee payment deadline is missed, a landlord could then file a 7-day notice to cure rather than a 30-day notice to quit.

26 October 2019 | 26 replies
I also recommend giving a 7 day notice to cure, so it is in writing that they need to act appropriately.

16 October 2019 | 3 replies
Post a notice to cure.

29 October 2019 | 42 replies
If you do get in, make sure to take pics or video documenting any violations you find and immediately send notice to cure these violations.

13 October 2019 | 136 replies
I think many people on BP are still doing RE because it gets in your blood and they haven't invented a cure yet!

16 October 2019 | 9 replies
If so, issue the appropriate notice to cure and if they don’t file an unlawful retainer against them for the boyfriend and his +1.

17 October 2019 | 32 replies
Again, spend the extra money and heat treat to cure the problem quickly.

25 October 2019 | 17 replies
Check your state laws on the "notice to cure" requirements.If you want to try a different approach, cash for keys works in many situations.

2 November 2019 | 12 replies
I would probably give him a cure or quit, and if he tries to argue, remind him that a 100% chance of an eviction action on his record + some chance of getting in trouble under state law (Florida has a law against service animal fraud) is gonna hurt way more than a 0% chance of you catching a FHA case.