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4 January 2025 | 4 replies
I believe your loan could get called if you transfer ownership to an LLC without consent of the lender, especially a brand new LLC that does not have two years of tax returns.
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19 January 2025 | 42 replies
Check for transfer costs before doing so.
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1 February 2025 | 56 replies
As note buyers, we like to pay it off out of proceeds or be prepared too if the lender exercises their option to call it due for transfer.
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9 January 2025 | 15 replies
You might be able to get around the fact your entity owns the property by either transferring the property back into your personal name or by some personal guarantee or cross-collaterization agreement.
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20 January 2025 | 57 replies
In fact, he says he transferred the title to himself, to "protect" his "investment".
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7 January 2025 | 6 replies
I'll looking forward to your immediate response.Please resolve this issue ASAP, our tenants have already submitted the rental payment to your Appfolio account $49,987.00(attached report), however it is NOT showing this amount in your account at all, not even mention transfer the fund to our BOA account.
12 January 2025 | 10 replies
This fee covers all other services from us including underwriting, appraisal, legal, wire transfers, etc.
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3 January 2025 | 7 replies
With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.
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12 January 2025 | 6 replies
Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.
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11 January 2025 | 420 replies
You are just transferring debt.