Edith TenBroek
How do you make an offer from a distance?
26 June 2014 | 20 replies
If the Trustee shall pay or incur any liability to pay any money on account of this Trust, or incur any liability to pay any money on account of being made a party to any litigation as a result of holding title to Trust Property or otherwise in connection with this Trust, whether because of breach of contract, injury to person or property, fines or penalties under any law, or otherwise, the Beneficiaries, jointly and severally agree that on demand they will pay to the Trustee, with interest at the rate of __7.0__% per annum, all such payments made or liabilities incurred by the Trustee, together with his expenses, including reasonable attorney's fees, and that they will indemnify and hold the Trustee harmless of and from any and all payments made or liabilities incurred by him for any reason whatsoever as a result of this Agreement; and all amounts so paid by the Trustee, as well as his compensation under this Agreement, shall constitute a lien on the Trust Property.
Keri A.
Is fortune builders mastery program legit?
10 November 2019 | 316 replies
After that, he sums all these ROI's into one giant ROI, showing some fantastic ROI's of around 50%.Adding insult to injury, while constantly talking about property and land value appreciation, and how all rental properties will be going up in value while at the same time you or rather your tenants will be paying down the principle and interest, he never ever talks about the very real issues such as: 1) it's very hard to achieve 100% occupancy in all markets, and 2) properties don't always appreciate, and certainly that appreciation doesn't often outpace inflation, and 3) costs and expenses also go up with time, starting with property taxes.
E. Jacobs
1 or 2 page purchase contract
5 October 2010 | 6 replies
Buyer understands that in the event that the underlying debt is not paid off, the lender holding the deeds of trust may foreclose the property, which will extinguish Buyer’s interest in the property. 3.Seller and Buyer hereby agreed to defend, indemnify and hold all parties involved in this transaction harmless from liability in the event that the holders of the mortgages and/or deeds of trust on the aforementioned property are called due and payable.4.The seller agrees and understands that the buyer is purchasing their property with the buyer taking seller’s existing loan “subject to†with the current loan balance and prepayment penalty to be deducted from sale proceeds. 5.In the event there is an escrow account for taxes, insurance, waste fees, association fees, or any other impounds or escrow, said funds shall be transferred to purchaser without adjustment and if there is an escrow shortage same shall be charged to seller at closing. 6.The borrower/seller shall indemnify, defend and hold harmless the buyer and all persons or assigns, regardless of responsibility, from all costs, expenses, suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury to any person, or damage to any real or personal property to any person, including the borrower and said financial institution, for (i) any items resulting from the buyer buying the property, (ii) information furnished by the borrower or (iii) those items relating to the financial information, or (iv) the ability or inability to pay for or continue to support the debt of which the buyer is agreeing to.
Aaron Cheatham
wholesale short contract
21 March 2011 | 5 replies
INDEMNIFICATION: The borrower shall indemnify, defend and hold harmless the negotiator and/or buyer and all persons or assigns, regardless of responsibility, from all costs, expenses, suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury to any person, or damage to any real or personal property to any person, including the borrower and said financial institution, for (i) any items resulting from the information furnished by the borrower, or (ii) those relating to the financial information, or ability or inability to pay for or continue to support the debt of which the negotiator and/or buyer is attempting to negotiate a short sale on the property by the negotiator and/or buyer, or any person in the negotiators and/or buyers firm, or the performance or exercise of any of the duties, powers or authorities granted to the negotiator and/or buyer by the borrower. ___________________________ Seller ______________ Date ___________________________ Seller ______________ Date ___________________________ Buyer ______________ Date
Ron V
subject 2 docs and forms
8 November 2023 | 13 replies
Buyer understands that in the event that the underlying debt is not paid off, the lender holding the deeds of trust may foreclose the property, which will extinguish Buyer’s interest in the property. 3.Seller and Buyer hereby agreed to defend, indemnify and hold all parties involved in this transaction harmless from liability in the event that the holders of the mortgages and/or deeds of trust on the aforementioned property are called due and payable.4.The seller agrees and understands that the buyer is purchasing their property with the buyer taking seller’s existing loan “subject to†with the current loan balance and prepayment penalty to be deducted from sale proceeds. 5.In the event there is an escrow account for taxes, insurance, waste fees, association fees, or any other impounds or escrow, said funds shall be transferred to purchaser without adjustment and if there is an escrow shortage same shall be charged to seller at closing. 6.The borrower/seller shall indemnify, defend and hold harmless the buyer and all persons or assigns, regardless of responsibility, from all costs, expenses, suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury to any person, or damage to any real or personal property to any person, including the borrower and said financial institution, for (i) any items resulting from the buyer buying the property, (ii) information furnished by the borrower or (iii) those items relating to the financial information, or (iv) the ability or inability to pay for or continue to support the debt of which the buyer is agreeing to.
Matthew J. T.
What is the difference between wholesaling subject to and a mortgage assignment?
10 September 2012 | 22 replies
Buyer understands that in the event that the underlying debt is not paid off, the lender holding the deeds of trust may foreclose the property, which will extinguish Buyer’s interest in the property. 3.Seller and Buyer hereby agreed to defend, indemnify and hold all parties involved in this transaction harmless from liability in the event that the holders of the mortgages and/or deeds of trust on the aforementioned property are called due and payable.4.The seller agrees and understands that the buyer is purchasing their property with the buyer taking seller’s existing loan “subject to” with the current loan balance and prepayment penalty to be deducted from sale proceeds. 5.In the event there is an escrow account for taxes, insurance, waste fees, association fees, or any other impounds or escrow, said funds shall be transferred to purchaser without adjustment and if there is an escrow shortage same shall be charged to seller at closing. 6.The borrower/seller shall indemnify, defend and hold harmless the buyer and all persons or assigns, regardless of responsibility, from all costs, expenses, suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury to any person, or damage to any real or personal property to any person, including the borrower and said financial institution, for (i) any items resulting from the buyer buying the property, (ii) information furnished by the borrower or (iii) those items relating to the financial information, or (iv) the ability or inability to pay for or continue to support the debt of which the buyer is agreeing to.
Francis Dai
Questions on Subject to Financing Details
27 November 2011 | 12 replies
The current loan balance and prepayment penalty shall be deducted from sale proceeds and if there is an escrow shortage same shall be charged to Seller at closing. 5.The Borrower/Seller shall indemnify, defend and hold harmless the buyer and all persons or assigns, regardless of responsibility, from all costs, expenses, suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury to any person, or damage to any real or personal property to any person, including the borrower and said financial institution, for; (i) any items resulting from the buyer buying the property, (ii) information furnished by the borrower or (iii) those items relating to the financial information, or (iv) the ability or inability to pay for or continue to support the debt of which the buyer is agreeing to.
Kristin Jones
Landlord Liabilities?
23 September 2015 | 4 replies
I have seen so many claims over the years I won't create a running list but they all boil down to personal injury or property damage caused by the use of your property.
Brian Garlington
Potential Renter asking for additional cleaning/painting be done
24 September 2016 | 29 replies
Liability & Insurance- Renters insurance is to solely cover loss or damage to the tenants belongings, so to name Landlord as additional interest on policy is not clear to me nor should it be required, as the lease agreement states Landlord will not be held liable for any damage to tenant property or injury to tenants, family, guest or employees while on the premises.