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30 July 2015 | 3 replies
The waiver applies to all sales contracts executed on or after February 1, 2010, until 11:59 PM, December 31, 2014.FHA deems a sales contract to be executed when all parties to the contract have signed the contract, and the contract is enforceable under the law of the state the property is located.Mortgages that are made on properties in which sales contracts have been executed after 11:59 PM, December 31, 2014, are not eligible for a waiver of the regulation prohibiting property flipping.FHA will not extend the waiver beyond December 31, 2014.Section 203.37a(c) lists the sales transactions exempt from this rule.The exempt transactions include sales by HUD of real estate-owned (REO) properties under HUD’s regulations in 24 CFR part 291, sales by other federal agencies of REO properties, sales of properties by nonprofit organizations that have been approved to purchase and resell HUD REO properties, sales by state - and federally - chartered financial institutions and government sponsored enterprises (GSEs), and, upon announcement by HUD through issuance of a notice, sales of properties in areas designated by the President as federal disaster areas.The regulation, including its exemptions, is still in effect.Quick Links and ResourcesReview the Federal Register Notice (Docket No.
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12 September 2015 | 69 replies
Your enterprising hard work and determination will pay off as the years go by.
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11 August 2015 | 6 replies
You can adjust the purchase price accordingly . . .).4) New Tenant Credit History - This may be obvious but; You need to verify credit history on the new Tenant; Make sure you have an adequate security deposit,; Attempt to get a personal guarantee if the Tenant is a corporation or partnership, and; Verify their previous "leasing history" with their current and previous commercial landlords. if your new Tenant is a startup, be cautious, make sure they have the financial capacity and experience to conduct their new enterprise and pay your rent and the NNN expenses.5) CAP Rate -Each market and individual property categories will have their own unique market Cap rates.
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12 August 2015 | 27 replies
You do have unsophisticated borrowers attempting to conduct a business enterprise, the degree of scrutiny is much less with commercial but, basic theories, such as knowledge of the parties, prudent actions of an informed seller or buyer, acting in a predatory manner still apply.
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13 August 2015 | 10 replies
Figure 2 illustrates the negative treatment MSRs receive under the Basel III capital rules. 1 “FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages.”
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10 July 2015 | 24 replies
If you joined BP to help facilitate growth in your enterprise, read on.
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1 November 2021 | 1 reply
I considered reaching out to the community college and asking for an enterprising business student who might need a little extra money and a letter of reference while he/she is learning real estate.
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5 November 2021 | 58 replies
That is the way I approached it in my public service career - we didn't have a profit margin, so if I let a bare minority get away with not paying their fees, taxes, etc. then I would be hurting the vast majority who were counting on us to take care of their enterprise.
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14 November 2021 | 8 replies
I have 8+ years in the IT Enterprise sales, customer success and program management areas.
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12 November 2021 | 4 replies
I started my original company with less than zero (and hungry for more than beans and rice [literally]) and built it into a multi state enterprise.