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14 February 2022 | 14 replies
In 1976, the Board became concerned about the increasing controversy as to the authority of a federal savings and loan association to exercise a "due-on-sale" clause - a contractual provision that permits the lender to declare the entire balance of a loan immediately due and payable if the property securing the loan is sold or otherwise transferred. 2 Specifically, [458 U.S. 141, 146] the Board felt that restrictions on a savings and loan's ability to accelerate a loan upon transfer of the security would have a number of adverse effects: (1) that "the financial security and stability of Federal associations would be endangered if . . . the security property is transferred to a person whose ability to repay the loan and properly maintain the property is inadequate"; (2) that "elimination of the due on sale clause will cause a substantial reduction of the cash flow and net income of Federal associations, and that to offset such losses it is likely that the associations will be forced to charge higher interest rates and loan charges on home loans generally"; and (3) that "elimination of the due on sale clause will restrict and impair the ability of Federal associations to sell their home loans in the secondary mortgage market, by making such loans unsalable or causing them to be sold at reduced prices, thereby reducing the flow of new funds for residential loans, which otherwise would be available." 41 Fed.
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30 November 2022 | 30 replies
It would be an awesome spot for family reunions, weddings, celebrations, masterminds, corporate retreats, etc.
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8 May 2021 | 63 replies
Next day you took out the frozen mist and donated it to the neighbors so they could make margaritas with it for their 4th celebration.
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18 October 2023 | 40 replies
Situated against a backdrop of stunning mountain landscapes, it is celebrated for its world-class ski resorts and family-friendly attractions.- Why is Park City a great vacation rental market?
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5 September 2018 | 23 replies
One kid recently fell off our payroll this year and we will be celebrating doubly when the second one does in a few years.Through all of this, when we say we halted investing to get the kids through college, we got a lot of feedback that it was a dumb reason to stop.
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30 May 2023 | 16 replies
If you have a contracted due diligence, then you carry it out then.My advice, always ask if you can view the property in any capacity prior to submitting an offer.May be controversial to some, but I know many investors I work with don't mention their GCs, they just show up with their GCs, and walk it together.
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1 March 2016 | 17 replies
It should be a day of accomplishment, gratification and celebration.
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1 February 2024 | 0 replies
It helps establish trust, demonstrates the direct effect of their efforts on our financial results, and provides them with a reason to celebrate through a triumphant dance!
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8 February 2023 | 32 replies
This lack of consistency, coupled with the complexity of the law in this area, often results in an examination that is controversial and burdensome for all parties.A cost segregation is to expensive for single for small commercial projects.
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25 July 2012 | 271 replies
But I did hear many Hollywood Celebrities, Alex Baldwin, Whoopie Goldberg, etc... say they would leave the country if George W Bush was elected.