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Any experience buying at auction in Contra Costa County, Cal
6 August 2007 | 4 replies
It does not become theirs until it is awarded to them as the high bidder. 8)
Ryan Urban
"Subject To" Question -- Informing the Lender
29 March 2011 | 25 replies
Buyer argued that they were placed on notice and that they had accepted payments of mortgages paid by new buyer and as such, court awarded in buyers favor.True or not, I have yet to hear of any lender use the DOS clause for me or any investor I know as they are very happy to get prompt payments these days.
Joshua Dorkin
Welcome NEW MEMBERS Contest - Ends 10-12-07
9 December 2007 | 35 replies
If so I just won. lolNope - It is about participation . . . . quantity and quality of posts are considered for the Sweatshirt award.
Joshua Dorkin
Landlord Horror Stories
31 May 2008 | 33 replies
I always file the second cause of action and list $3,000 as damages (the maximum that can be awarded in municipal court).
R English
What to do with liens on commercial properties?
8 January 2008 | 1 reply
That you sued a company and you were awarded a judgment…?
Bobby Griffin
Help!!Tenant proposing law suit...need advice
16 January 2008 | 9 replies
Taking someone to court and being awarded possession is only half of the process.
Niall O'Malley
LLC will own the property - what kind of mortgage do I get?
11 May 2018 | 24 replies
If the amount of the award from a suit is greater than your limits, then you would personally liable for that award.
Gabriel A.
Writing Business Checks With Clauses?
9 October 2011 | 13 replies
However, if the payee chooses to not honor the "sale" and keeps the $$$, the payor will have to sue the payee for breach of contract: prove a contract existed and everything else associated with a contract case; and, then if judgment is awarded, working to collect the judgment, etc....
Elio Mariani
Holding property in LLC/Corp
25 November 2011 | 27 replies
Do not be the person who does the day to day management of the property management company (of course this requires enough properties and cash flow for both companies to be viable....)LLC is better for limiting liability (hence the name Limited Liability Company) - HOWEVER - NO BUSINESS ENTITY will limit your liability if you personally are the one who is negligent/grossly negligent, etc... and your action or failure to act is the basis for a lawsuit where judgment is awarded to the plaintiff.If you have enough business to use the LLC owner and Corporation manager - this gives you the best of both worlds: better protection against liability and better tax savings through the corporation.The best structure is more complicated, but hopefully this gives a decent summary....
Chris A
Seller doctored tax returns - Any possible tax liens?
16 November 2011 | 4 replies
And in cases of fraud, you may actually be able to collect an award for turning in such a situation.