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29 January 2025 | 2 replies
It is right on the fringe of being legal/illegal, and lawmakers have been talking about how to regulate it for years because it can be a dangerous process that leaves end Buyers feeling like they weren't represented.....especially when they see the closing statement and find out how much the wholesaler made just by getting to the Seller first.
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7 February 2025 | 7 replies
Not sure where this should go so I'm putting it here. I own a unit at a local condominium complex and am having issues with timely response from the HOA. In July of last year a roof leak developed and caused damage ...
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7 February 2025 | 9 replies
It seems like they only cover against accidents or damage from guests.
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27 January 2025 | 8 replies
CA is brutal when it comes to taxes.I don't give tax or legal advice, but many people believe that holding the property in your name and having a good umbrella policy is a good solution.
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5 February 2025 | 5 replies
Hi @Sean Leahy - good direction, I've never considered this but now that I think about, whenever I've had some random rental/sale listings I've been approached by brokers who said they represent folks that are part of the insurance company's claim management process (e.g. their house burnt down due to an accident).
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16 February 2025 | 7 replies
Most of the people that I know that seem to have high net worth you just kind of develop it more accident than on purpose.
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26 January 2025 | 21 replies
2) dropping a vape in a toilet mid stay is clearly an accident.
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23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
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5 February 2025 | 21 replies
The landlord has no interest in the personal property coverage, but they absolutely have an interest in the liability side.When the landlord is listed on the policy as "additional insured" it extends some coverage from the tenant's policy to the landlord in case of certain liabilities arising from the tenant's use of the property, like accidents or damages caused by the tenant's negligence.
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15 January 2025 | 11 replies
What are the odds of a vehicle accident resulting in a settlement greater than vehicle liability will cover?