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12 July 2018 | 10 replies
We purchased a 2nd lien, and by the time it was transfered, we passed the date to file as a secured creditor due to the prior servicers attitude of most will not make it through CH 13, and they are over 2 years into the Ch 13 plan.So we are unsecured and have to wait for it to be dismissed, and we can't foreclose since they are in Ch 13.
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16 July 2018 | 2 replies
You’d have to transfer title to yourself, finance in your own name with personal guarantee, and then transfer title back to the LLC, in order to make that work.
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16 July 2018 | 5 replies
They said it could be transferred to an LLC once the HELOC was complete (but doesn't that then activate the "due on sale" provision in the loan?!!).
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22 July 2018 | 6 replies
Occupancy is key but if you get relocated again, you can at that time of transfer, retain the loan and airbnb or convert to a rental.
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3 October 2018 | 13 replies
As far as timing, they were quick to get the LLC set-up (under two business days), then it was on me to get funds transferred from my 401K and get my LLC bank account set up.
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23 July 2018 | 10 replies
In Pennsylvania, for example, you will generally want to form the LLC well before you enter into an agreement of sale due to realty transfer tax concerns.
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24 July 2018 | 15 replies
The deed transfer alerts them.
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28 July 2018 | 12 replies
"Assignment" is just a legal term for transferring your rights in a contract to another party.
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18 August 2018 | 5 replies
Yes, the concepts definitely transfer.
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28 May 2019 | 2 replies
I wonder if I want to transfer the property I am buying under personal loan to LLC.