24 February 2014 | 33 replies
Bill Gulley were to put an ad on Marketplace seeking a private lender for a construction loan, secured by real estate, and stipulated it had to be set up through a licensed broker, wouldn't that cover him?
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12 January 2011 | 15 replies
Send all the info about the deal to your list (or at least to those on the list that have expressed interest in this specific type of deal), and see who bites.I assume that the deal is with a private seller, I assume the private seller knows you plan to try to sell it, and I assume the contract stipulates that it can be assigned.
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14 December 2009 | 4 replies
I would imagine that if I entertained a contract to L/O, I would have stipulations that covered my potential issue, as well as the other ones such as divorce, bankruptcy, etc (which even a Subject 2 from what I read from you are potential issues).
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22 August 2018 | 12 replies
You may, however, offer the option contract for sale (if contract stipulates it) and thus, flip the contract, somewhat like assigning a PSA.
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30 June 2013 | 27 replies
Many SS contracts stipulates to have inspection completed upon BUYER ACCEPTANCE but BEFORE SS package is sent to bank, yes you are out the inspection fee if the bank does not approve or countered too high.
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8 January 2014 | 24 replies
Are you saying they added stipulations that we not there last time?
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20 December 2013 | 4 replies
My client emailed the property manager that he does not want to renew the leaseThe property manager replied saying that according to the contract, the management agreement will remain in full force if the current tenant remains in the property.This is wording used in the stipulation of the contract."
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4 February 2013 | 8 replies
You may want to verify with your state laws to see if there is any regulations or stipulations in regards to probate sales.Good Luck!
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2 July 2012 | 13 replies
No I don't feel you should be angry.This isn't a pocket short sale listing from what you are describing.The servicer for the loan as part of their PSA agreement probably stipulates the property to be exposed FULLY to the market to extract the most value.If you do not have a buyer brokerage agreement with this agent your a CUSTOMER and NOT a CLIENT.If you had an agreement signed with you as a client and also the seller then when doing the purchase and sale they could select dual agency if allowed in your state.They could also bring another agent in for your side or fill in the contract with you being the customer and the seller the client.There is also implied duty with the lender on a short sale as the bank is taking the loss on the loan and approving the sale or it doesn't close.It sounds like you are looking for a needle in a haystack and now you are upset competition is involved.It happens.
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15 May 2012 | 10 replies
Most banks stipulate you can't assign or change the buyer.