
24 September 2016 | 23 replies
As per commercial non consumer purpose loans, it would depend on the language of the specific state's laws, rules and regulations regarding loans, contracts, torts, etc., whether or not it is considered predatory lending or if lender liability can be invoked on some other issue.The real issue for me is that even if it passes muster in a particular state, what happens if the borrower files bankruptcy and does so utilizing Federal guidelines.

20 September 2018 | 27 replies
I also speak three languages so hopefully someone will see my potential and allow me to join their team.

14 March 2018 | 11 replies
@Brian Gerace one thing that may be helpful is if you go onto a site like www.realtyshares.com and read through some of their deals and the language around distributions.

28 July 2018 | 3 replies
A potential tenant should be asking many questions such as any road widening construction planned, is there non-compete language in the lease where landlord cannot lease similar business in the same center or within a certain ring radius, when was parking lot last resealed and coated, when was roof redone, A/C's replaced,etc.If you think landlord now is going to change the lease where THEY are responsible for all of that when you signed a lease saying tenant is well good luck with that.A tenant has a (right to their own inquiry) to ask tons of questions before they sign anything.

14 May 2019 | 14 replies
I always add the language in my offer about leases and security deposits.

26 May 2019 | 2 replies
If you buy it vacant, put language in the sale to keep it vacant.

26 April 2019 | 30 replies
The unscrupulous investor will:Have the homeowner sign a Quit Claim Deed in which the homeowner signs over their ownership in the property.Fail to explain to the homeowner that they, the homeowner, are still responsible for the mortgage.Fail to warn the homeowner that they could be violating their “due on sale clause” with their lender.The homeowner is usually elderly or part of an at-risk population (English isn’t their first language, disability of some kind, etc.).The Division advises the following when it comes to these types of rescue transactions:Don’t sign any documents or a deed to anyone until you have had a chance to talk with your lender and an attorney about your mortgage obligations and your legal rights.Colorado has a Foreclosure Protection Act that affords you certain rights when you are financially distressed.It’s best to take proactive steps when you first start having financial problems, and here are some resources that you can contact:Colorado Housing Connects – Colorado Foreclosure Hotline – Colorado Bar Association “Find-a-Lawyer” – Colorado Legal Services – Disability Law Colorado (Formerly The Legal Center for People with Disabilities and Older People) – Subscriber Services:Manage Subscriber Preferences | Help POWERED BY Privacy Policy

17 December 2018 | 8 replies
You don't need to be a contractor but you should have some basic construction knowledge and be able to speak a contractors language.

12 January 2019 | 31 replies
I always go by the rule "make very mistake only once," so - moving forward - you might want to have language in your lease that is very clear about your right to entry.Here is a part in my own lease (obviously check your local laws to ensure compliance).13.

19 December 2022 | 16 replies
Many think they dont get paid till closing, and often that is how it will work out, BUT that can be setting a standard that may cross a line as well, I never liked the term Assignment Fee, because you are not really getting a fee, but selling the rights to a contract that is assignable to another person. say you assign to another for $5000, that is not a fee, its the price agreed to for the sales contract for the property, and lets say the properties sales contract is set to close October 29th but you sold the contract to someone else on October 1st and all the conditions of the assignment are met, the buyer should pay you for the contract and you are done (subject to the language of your assignment contract) then the assignee basically goes to closing in your place.