Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
17 August 2016 | 20 replies
A mortgage held by a holder or string of holders, who fails to continue collection efforts will allow that note to become dormant or stale and uncollectible, it's not that the amount due isn't still owed but the security given can dissolve and become unenforceable leaving you in an unsecured status.
Chris D
Get credit score for all three agencies
4 March 2012 | 23 replies
I closed a bunch of dormant credit cards a few years ago and pretty much only use one credit card, which I pay off the balance every month.
Clementene Taylor
Series LLC
29 November 2018 | 10 replies
@Clementene Taylor If you are doing flipping, I think is advised to utilize an LLC for each flip and leaving it dormant after- that way if a problem arises during or even after the sale of the flip (like the buyer coming back a year later and accusing you of fraud since you put "new plumbing" in your listing ad when you only changed the shower fixtures and water connections to the kitchen, not the entire plumbing) it will not periclitate your other assets or freeze whatever other flips you might be doing.
Stephen Camardo
Landscaping overgrown property in Texas
24 October 2014 | 14 replies
A large portion of North Texas plant life goes dormant from mid October until late February because of winter.
Chris C.
Time to Face Federal Compliance Issues of Mobile Home Lending
10 January 2013 | 38 replies
Many of the regulations need to be cleaned up instaed of allowing them to lay dormant and not enforced, IMO.
Robert Dartnell
Investing in Erie, Pennsylvania
29 June 2022 | 51 replies
I know this thread has been dormant fo a while but I’m excited to find Erie mentioned on BP.
Kevin Parekh
Is the market going to go KABOOM?
7 August 2020 | 55 replies
Banks don't like having money sitting around dormant.
Brad Clarizio
Bed Bugs....dun dun dun
28 July 2015 | 7 replies
The bugs can lay dormant for a long time (hidden in the carpet/baseboards), so you may have had an issue already and then the tenant moves in and months later starts getting bit when the bugs become hungry again.
Richard Fields
Security deposits
1 March 2016 | 22 replies
It creates activity on the account and prevents it from going dormant.
Jose Rubio
Land Trust and Fraud (?)
5 December 2013 | 23 replies
Every state has real estate commission examiners, it won't be hard to find offers that were not accepted on transactions that would be higher than the ones accepted.Offers not accepted can lay dormant for years as they are required to be on file, without discovery, but when you have an issue come up, the audit trail can include searching by dates, names, addresses, by broker or agent.Jose, don't tip your hand, the more you keep that Realtor in the dark as to why the deal is not going to happen, the better, they may get insanely ticked off giving them more rope to hang themselves.I'd have a ball with this.....