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2 September 2024 | 18 replies
Also, it’s interesting to note that not maintaining corporate “formalities” is one indication of “disregard”.
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28 August 2024 | 2 replies
If nobody redeems, the judge forecloses the lien, quiets title, and orders the clerk to issue a deed to the investor.Because of a May 2024 statute amendment, anyone who has not received a final order of judicial foreclosure by 10/1/24 will be under the new rules.The new rules are the earliest you can foreclose your liens is 4 years after the first auction.
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30 August 2024 | 8 replies
However, it's crucial to verify with the specific lender, as policies can vary.Regarding recording a lien, if the lien is recorded, it formalizes the debt and provides legal protection for the lender, which might be required by your private lender.
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31 August 2024 | 12 replies
In the case of a syndicate, the LLC and its operating agreement help to formalize the legal relationship between investors.
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29 August 2024 | 24 replies
Also, the incredibly low interest rates and low yearly property taxes (depending on your location) help a bit on the cash flow end.From my understanding, opportunities exist in different cities in Spain, especially when considering distressed properties outside of inflated metropolitan areas (not to mention the alternative ways of acquiring property like judicial auctions, cash purchases, etc.).
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29 August 2024 | 2 replies
What often happens in more of a "I have a client that would be willing to sell at ____ terms/price but he doesn't want to formally list the property, does anyone have a buyer for something like this?"
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28 August 2024 | 14 replies
We wouldn't start custom coding without a formal agreement in place.Your monthly or yearly spend isn't a determining factor for us.
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27 August 2024 | 4 replies
Technically a foreclosure can start 120 days, and in texas its a non judicial state so foreclosure timelines are pretty quick.What is your end strategy with this property?
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28 August 2024 | 22 replies
In fact, many formal quotes usually have these details listed within the proposal itself.