Borrower's WaiverThe Borrower waives presentment for payment, notice of non-payment, off-set, protest and notice of protest and agrees to remain fully bound until this Note is paid in full.Lender's IndulgenceNo relaxation, indulgence, waiver, release or concession of any terms of this Note by the Lender on one occasion shall be binding unless in writing and if granted shall not be applicable to any other or future occasion.Binding EffectThe terms of this Note shall be binding upon the Borrower's successors and shall accrue to the benefit and be enforceable by the Lender and his/her successors, legal representatives and assigns.JurisdictionThis Note shall be construed, interpreted and governed in accordance with the laws of the City of Makati and should any provision of this Note be judged by an appropriate court of law as invalid, it shall not affect any of the remaining provisions whatsoever.GeneralWhere appropriate words signifying one gender shall include the others and words signifying the singular shall include the plural and vice versa.Paragraph headings are for convenience of reference only and are not intended to have any effect in the interpretation or determining of rights or obligations under this Note.Signed at ______________________ on this ________day of ________________________20____. (1) Borrowers Name ___________________________________(1) Borrower's Signature ________________________________ (2) Co-Maker’s Name __________________________________(2) Co-Maker’s Signature _______________________________ Signed in the presence of:(1) Lender’s Name _____________________________________ (1) Lender’s Signature __________________________________

I got it for 25k and it took 30k to renovate and is breath taking i had the house sold even before i bid on it and we officially went under contract last month i set the buyer up with RMS Mortgage because i have always had such an easy time purchasing houses through them. all was going smoothly until the title search showed it was tax acquired and apparently in Maine they have 15 years to come back to protest which is so wierd. so i looked up options and research lead to find out i could ask former owner to give me a quit claim deed. basically the conversation would go ( hey guess what you could claim to have your house back would please let me have it instead and take time from work to follow me to the notary please?)

And I'll say it again, understanding and acknowledging the presence and impact of xenophobia and racism plays a significant role in real estate investing.Methinks the gentleman doth huff and puff and protest overmuch as he tells me to calm down.

:protest: wayne

@Ernest Ho having said that all that I would still try to restrict hIs basement access and only relinquish it if you he protests and you know the law is On His side

All of this to say: It seems that the relatively low rent that I charge can be a bargaining chip in my favor in case tenant protests the "demotion" of his own living situation that an ADU would bring (noisy/disruptive construction, the loss of the use of the garage, and ultimately another tenant sharing the property). 

The only thing a higher appraised value means is that you pay more taxesAs long as you closed before May 31st, you can protest the tax value for 2017 and have a very good chance to get the value reduced to $75k which would drop your taxes over 25%

:protest:

HOA can say, you owe $5K in back assessment..which is far cry from 6 months back per statue and the only recourse is to pay in protest and sue..which I have done many times.

I just got my assessment and protesting to get it lowered.