
14 April 2022 | 1 reply
We're at the final steps at closing on a cottage, and an Issue I ran into is with the bank issued appraisal. The bank has deemed the appraisal as incomplete, and because of it started digging into the the pictures cur...

19 April 2022 | 17 replies
Though I am also aware a large percentage of NNN buyers are all cash and thus not sensitive to changes in interest rates.

20 October 2022 | 0 replies
Try to rely less on other people to handle time sensitive matters.

22 October 2022 | 5 replies
Compounding this sector is that commercial mortgages are often of shorter duration and more sensitive to rate increases than residential securities.

25 October 2022 | 0 replies
I am focused on deals with little downside risk in markets/demographics that are not as interest rate sensitive.

27 October 2022 | 2 replies
If you do renovations on the property, you are paid an hourly wage just like any contractor.Be sure to include safeguards.

30 October 2022 | 2 replies
Recommending a transaction that knowingly violates the due on sale clause in the mortgage/deed of trust can be lead to you being named in a lawsuit should the transaction go south.That being said, there are various safeguards that significantly lessen the chance of problems occurring (not all problems relate to the mortgagee accelerating the note; there are problems when the seller attempts to obtain credit and the subject mortgage note is in his name, problems when the buyer offers a financial statement showing the subject property as an asset and (correctly) list the mortgage as not personal liability; numerous potential problems if and when the buyer wants to sell without paying off the existing loan.

28 October 2022 | 8 replies
You should also list the things they should transfer to you: security deposits or any other funds held on your behalf, spare keys/codes/openers, tenant contact information, tenant payment history, information on any unfinished maintenance requests, etc.NOTE: the PM may refuse to share the application because there is a legitimate, legal responsibility to protect sensitive information the social security number.

30 October 2022 | 11 replies
A similar thing is happening in South parts of Houston but residents with financially sensitive incomes have led grass roots opposition causing a significant slow down on improvements. 2.

21 February 2022 | 2 replies
One is over sensitive and one is over loud.