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25 September 2008 | 2 replies
An extensive film, video and marketing background.
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19 July 2009 | 1 reply
Length of lease with some type of back-out clause in case he interferes with tenants or whatever the situation might be.Length of lease with extensions at no rate increase for X amount of years or until possible future sales date. 75.00 per lot rentExclusive right to rent all lots (meaning - no other units other than ours - not even his)A date established (in steps) to allow units to be placed prior to lot rent.
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30 September 2008 | 7 replies
The ARVs for condos in the area are roughly $230k for extensively renovated condos (which we would evantually do.)
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28 September 2008 | 2 replies
Iam going through an arduous process with WAMU myself.My case:I have a Condo (primary residence)1st and 2nd mortgage with WAMUtotal owed: $680KI knew I would get into trouble because my business went flat a 5 months ago and my cash reserves are being extinguished.I downloaded the information from WAMU site and submitted a complete package with an offer from a neighbor that is interested in buying the property if price is OK.I submitted ALL documentation to WAMU with the offer, proof of funds (50% downpayment) and prequalification for buyer through Wells Fargo.Offer $375,000 - prices for 2003 as per tax records.Nothing has been sold recently (18 months frozen market).WAMU sent an appraiser on Sept 02 and by Sept 04 the appraiser confirmed that the report had been submitted to WAMU through the third party company that manages Appraisals requests (REM).I have the name, extension number and e-mail of my negotiator but it has been IMPOSSIBLE to talk with her or to get anything from her.Her last (only) e-mail on the 23rd said that she didn't have the apparisal report (I tried to get to her to try to resolve it, but nothing back).Now she is in vacations until the 14th.I had been on time for my payments until August.I haven't made my payments for September - cash reserve extinguished.When will this default start affecting my credit score?
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9 October 2008 | 17 replies
There are no penalties when you file an extension.
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3 November 2008 | 7 replies
Again, here is where Realtors can be invaluable, because you will spend less time bringing Realtors up to speed as they already have had extensive training.The good news is that there are plenty of people willing to be bird dogs.
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15 October 2008 | 15 replies
Get hard comps on both the retail ARV and the rental rates (look online, look in the paper, and call 'for rent' ads).I have done 5 rehab deals, most of them extensive.
18 October 2008 | 2 replies
D asked to have it deleted: requires me to pay to the broker 6% of purchase price if Seller agrees to sell, or transfers the title of all or any portion of the Premises to any governmental entity resulting from an actual, claimed or threatened taking of all or part of the Premises by the governmental entity pursuant to its power of eminent domain;(that's not even on the listing agreement of another co, but the other4 are...)Section E modified to read: Section E Now reads: Seller shall pay to the Listing Broker 6% of final sales price ifDuring the term or Extended Term of this Agreement, a sale of the premises to a qualified buyer is prevented by Seller, (modification follows) unless the Seller dies or becomes incapacitated as determined by her primary Care physician.She has in the extension that I will sign a 3 month extension.
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1 January 2009 | 12 replies
A friend of mine who used bandit signs extensively quit doing so because, she said, the signs were ripped down nearly as fast as she put them up.
16 November 2008 | 11 replies
Learn everything possible, read this forum extensively for it contains exceptional real life wisdom of real estate.