PG Henderford
Seller, foolish & broke, relisted property "to get" EM
25 March 2016 | 13 replies
OK, BP-Landia, to pass the time waiting to hear back from my lawyers, allow me to share the following tale, edited here for brevity (believe it or not):Duplex in Houston TX, listed at $X68k; after extended negotiations, which purportedly included a new tenant on a year lease at $1400/month and promised repairs, went under contract for $X56.5k w 3d party financing.
Bryan Hancock
Value Of Crowdfunding Marketplace Underwriting/Vetting
26 April 2016 | 32 replies
If it were me, I would require a yearly subscription, to even out the revenue stream, but it could also be done on a true monthly basis with a higher charge for those who don't want to pay for the whole year.Even if the marketplace doesn't have historical data on its own, they should be able to gather the purported historical performance from the sponsor, and verify that in some way.
Account Closed
My 1 month Challenge . Realistic ?
27 May 2016 | 22 replies
., you are purporting to bypass the agency altogether to do the same work on your own, when part of your job (I assume) is to obtain listings and sell listings to buyers so that the agency can get their cut.
Michael Carpin
New Member from Evanston, Illinois
10 May 2016 | 15 replies
I have 1 kid, not 3 so I would never purport to know what that is like but I was able to pull it off just recently and am rehabbing the place now.See you at the meetup!
Justin Conza
Title company for wholesaling
28 January 2016 | 4 replies
I was reading through their purchase and sale agreement and it says this"This contract may not be assigned by Purchaser without the prior written consent of Seller in each instance and any purported assignment(s)"I wasn't sure if this was normal in a purchase agreement.
James Johnson
"Owner" doesnt own rental
17 October 2019 | 63 replies
It refers to a written document that purports to convey good title but that for some reason that is not apparent from reading the title document (deed) does not convey legal title (or does not convey full title).You do not have color of title.
Ronald Rohde
How to Purchase Tax Lien Property
22 October 2019 | 4 replies
During the 2019 Texas legislative session, the Texas Legislature passed SB 1642, which adds subsection (1) to Tax Code § 34.21 and clarifies that a property owner entitled to redeem property after a tax foreclosure sale cannot transfer his or her right of redemption to any other person, and any instrument purporting to do so is void.It is important to note general timelines for redemption, IRS liens have 120 days, federal liens have one year, ag and homestead will have 2 years, all other properties are 180 days from the date the deed is filed.Analysis of Legal Factors An attorney will want to review the foreclosure lawsuit to determine the relative risk factor of the following: notice to correct parties, violations of automatic stays, or insufficient legal descriptions.
Kat Hughes
Asset Protection - Proprietary Irrevocable Spendthrift Trust
22 April 2021 | 10 replies
Although Bruce has many citations and references that support the purported benefits of the trust, I am not able to assess whether they are valid.
Jon Passow
What to do if reappraisal come up short
13 November 2019 | 8 replies
Apparently this is now common on Freddie Mac loans if the LTV is purported to be 80% or less.
Account Closed
Why I gave up Bandit Signs....Today.
22 November 2019 | 60 replies
In addition, the law provides penalties for a person who acts or purports to act as a real estate broker or salesperson without being duly licensed.”Acts defined within the purview of a licensed broker or salesperson include bringing a buyer and seller together with the expectation of receiving a fee & publicly marketing a property you do not own or hold title to.