18 July 2024 | 7 replies
They likely missed their deadlines or the tenant is an expert at gaming the system.
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17 July 2024 | 4 replies
Unless you have your taxes sitting on their doorstep 60 days before the filing deadline and make some noise about, “I expect for my taxes to be ready before the deadline”, they probably won’t be.
17 July 2024 | 6 replies
Laws and deadlines are very specific and missing something will end up costing your time and money.
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16 July 2024 | 3 replies
Trying to keep an existing tenant often produces more trouble than it's worth.To answer your original question, you should absolutely give them a deadline and a consequence.
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16 July 2024 | 8 replies
We have 8 business entities availing of their services, and as "advisors", they should make business life easier -- not add more work on your plate --- but instead, my team and I have been checking for mistakes, or following up on action items, missed deadlines, and paying penalties to the IRS and Secretaries of State due to their negligence.
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19 July 2024 | 100 replies
So as the listing agent if I get 10 unrepped buyers wanting to make offers on my listing on a Sunday afternoon with a Sunday evening deadline, I have to show them all the property, answer all of their questions, make sure they are all prequalified, talk to their lenders, and write up their offers?
15 July 2024 | 5 replies
We are on a tight deadline to complete the project any advice?
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18 July 2024 | 17 replies
The city has recently stepped the abatement down so it's basically cut in half but all of these projects got in under the deadline and have the full 10 year abatement.
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14 July 2024 | 6 replies
They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.
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13 July 2024 | 19 replies
I have already seen the new forms/addendums that will be used here in Arizona, the common one for this will be the Seller Compensation Addendum.The one thing that might happen in your discount buyer agent scenario is you might get a buyers agent who agrees to a lower commission and then the listing agent is offering a co-broke that is higher than he agreed to, well now that buyers agent will only be able to get paid the lower amount he agreed to and the listing agent will keep the remainder, so listing agents could end up getting paid more.As far as your question on what to pay an agent, I view it similarly to hiring an attorney, there are discount attorney's and they might be okay for some people in some circumstances, or if you know the proper procedures and deadlines then maybe you do it on your own without an attorney.