Chris Seveney
Why jr. Liens can be problematic when in 1st position
13 November 2024 | 15 replies
So if someone tells you, it does not matter about liens behind you - it does.There’s one more ; the borrower has increased debt service and when it either turns negative or leaves nothing “in their pocket” they may lose interest in the property, decide to stop paying all mortgages, and put whatever income they can into their pocket until they lose the property to foreclosure or one of the lenders obtains a court order prohibiting such.
Chris Seveney
Contractor Quote Dispute & How I am Handling It
17 November 2024 | 5 replies
This leaves a smaller balance disputed but if you do not pay them anything until its resolved, it could lead to issues if it goes to court.3.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
Of course the co-signer should be significantly stronger in ALL areas as compared to the applicant...usually this is a parent or relative, and they should be well established, with ownership of real estate for years; long and stable employment; no, or very distant, criminal and traffic court records; well funded SAVINGS/IRA's or stock market accounts.
Sandee Sampson
Need advice on what kind of attorney to consult...please
12 November 2024 | 2 replies
@Sandee SampsonA construction attorney would be who to contact but you are going to spend a lot more than $7000 in getting this resolved against a builder.Also let’s say you win, the courts could also say you didn’t pay for a retaining wall which is needed so it’s a betterment to the property so you would still need to pay for the wall and they would be responsible for some soil etc.
Kyle Deboer
how do i find underground markets to buy real estate
18 November 2024 | 24 replies
I've seen success in Washington Court House, Ohio.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
However, if you do anything illegal and you have to defend yourself against Mexican nationals, entities or the government in a court of law in Mexico, good luck to you.And this is where the problems lie.
Brandon Rush
Is Padsplit worth it?
13 November 2024 | 24 replies
They use an eviction service for serving the tenant and coordinating with the courts.
Cameron Marro
Seeking Renovation Advice for My First Investment Property
13 November 2024 | 11 replies
Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.
Sean Anthony
Jeff Swiecicki / JBS Realty - Fraudulent Realtor and Property Manager
20 November 2024 | 28 replies
Always do your due diligence folks, search for their name on here, check for criminal and civil court cases in the county they live/do business in, etc.
Arron Paulino
How do Subject To Offers work for the seller? Won't the loan be called due?
7 November 2024 | 21 replies
The declaration identifies the would-be buyer as trustee; and the current owner as the beneficiary of the trust.