Thomas Manuel
buying and selling notes
15 October 2013 | 26 replies
They, a lender, chartered as a lender or registered as a lender, fixing and flipping is not a lending activity and that is not in the scope of any lender's activity.
Dawn Anastasi
$23,000 house
20 September 2014 | 79 replies
There's a newer charter school about a block away across the street.
Steve F.
Finacing and managing properties for out of country investor
23 May 2014 | 10 replies
The banks are audited and regulated on the state and federal level depending on how their charters are set up.They have to show the loans are underwritten with extreme controls incase of a default so they don't lose their jobs or worse face indictments for mismanagement of a bank.Some Canadians choose state here where TD bank branches are located.
Vince Mayer
Buying SFR in a revitalization area in St Louis
22 May 2014 | 2 replies
There is a new Charter school and playground and a neighborhood garden as well.This lady is obviously no dummy and has called numerous people she found on the internet including Homevestors and got offers ranging from $15K to a high of $27,500 for the property. a RE agent told her $30K to $40K.I looked at the house and talked to the guy next door who is building a new house and to me it was a tear down and rebuild proposition and no possibility of wholesaling because of all the folks she got involved.
Michael M.
General Escrow Question
1 September 2013 | 5 replies
In the state of NJ, the tenant's security deposit must be deposited in either:1) Shares of an insured Money Market Fund.2) Sate or Federally chartered bank, savings bank or savings and loan association.Asides from this (from the NJ State Laws referred to above), I've consistently read suggestions to put security deposits into an escrow account, despite the word "escrow" not being in the NJ Law for tenant security deposits.Now, Bank of America being the location of my current accounts, I had asked if they offered escrow services for security deposits and how to it should be executed, and requested all the information there is that a customer should know about their escrow accounts.
Stephen Brander
Buying in a neighborhood with inactive HOA
20 September 2013 | 11 replies
I plan on expanding the house but am fearful that according to the HOA charter, "any homeowner can enforce the CC&Rs of the HOA" at his or her expense.
Craig S.
Question about mortgage loan??
9 January 2013 | 5 replies
The vast majority of notes are sold whether it is a mortgage company or a federally chartered bank.Originally posted by Craig Sturgill:I just wanted to get advice from someone else and see what you think of the deal with iFreedom as opposed to going with a traditional bank?
Lamar Cannon
Forming LLC / Partnership with Rehabbers
19 March 2013 | 36 replies
The following are exempt from the licensing requirements of this act: (a) Any bank, savings bank, trust company, savings and loan association, building and loan association, industrial loan company or credit union organized, chartered or authorized under the laws of the United States or of any state which is authorized to make loans and to receive deposits; 3(b) any entity directly or indirectly regulated by an agency of the United States or of any state which is a subsidiary of any entity listed in subsection (a) if 25% or more of such entity’s common stock is directly owned by any entity listed in subsection (a); (c) any person who is licensed as a supervised lender pursuant to K.S.A. 16a-2-301 et seq., and amendments thereto; (d) the United States of America, the state of Kansas, any other state, or any agency or instrumentality of any governmental entity; and (e) any individual who with their own funds for their own investment makes a purchase money mortgage or finances the sale of their own property, except that any individual who enters into more than five such investments or sales in any twelve-month period shall be subject to all provisions of this act.
Michael Sokolski
Business Entity Structuring
1 March 2014 | 1 reply
My take is that a business entity has a particular charter (scope) when it is created.
Rich Weese
Getting out is difficult!
5 May 2015 | 62 replies
Steve K- If you work in or for the Villages, you can qualify for any of the Charter schools that are REALLY well rated and have outstanding students, coaches and teachers.