22 April 2021 | 10 replies
There are 39 distinct markets on the "South Side" You should examine each of them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/543764/small_1621492191-avatar-robinh18.jpg?twic=v1/output=image&v=2)
30 September 2023 | 108 replies
Also mistakes can be made when searching and examining title, that's why one should be getting a title policy whenever receiving an interest in real property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1351658/small_1621511560-avatar-charliem70.jpg?twic=v1/output=image&v=2)
11 September 2020 | 8 replies
It's not exactly how I would have explained it (grin), but his example gets the point across quite well.Escrow protects all the parties involved.One additional aspect is the escrow company (in real estate deals) is quite often also a title insurance company (or affiliated with a title insurance company) and they will be conducting title examinations on the property and ultimately issuing title insurance when the deal is completed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/278049/small_1621441047-avatar-briancowan.jpg?twic=v1/output=image&v=2)
15 June 2019 | 34 replies
Again, the statute of limitations for financial fraud begins upon the discovery of fraud, not when you did the deed.Now, how do you think financial examiners catch loan officers who act fraudulently?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/174643/small_1694884766-avatar-agentjbg.jpg?twic=v1/output=image&v=2)
18 June 2014 | 14 replies
I would examine why that is but don't think investing in real estate is the answer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/94686/small_1621416754-avatar-elscotthavoc.jpg?twic=v1/output=image&v=2)
12 January 2016 | 24 replies
Of course, it should be noted that I’m not implying that it is healthy to remove every luxury from our lives, rather I just think it can be very eye opening when even a normal, middle class family closely examines what they spend each year on luxuries in comparison to the capital required for a real estate deal and for the vast majority of middle class families, their vehicles make up a significant chunk of excessive luxury that can be down sized – unfortunately, we often exaggerate those luxuries as necessities.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/88038/small_1621416436-avatar-rishelgroup.jpg?twic=v1/output=image&v=2)
30 January 2016 | 0 replies
The CFPB has claimed authority for the enforcement of SCRA and has pushed the OCC to do the same with depository institutions which they have stated they are now doing with every examination visit “because of the significant risk (editor’s note: fines and penalties) associated with an institution’s failure to comply.”
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/967434/small_1621506470-avatar-devins39.jpg?twic=v1/output=image&v=2)
12 March 2020 | 6 replies
Often lenders will take a deep discount if they think you are a huge default risk anyhow.6) Take on some side work in the gig economy: grubhub, uber, lyft, amazon, etc, etc.7) Start a side hustle (some interesting ideas in Grant's book)8) Cancel the cable TV, carefully examine ALL of your bills and make sure you're not overpaying for something.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/322990/small_1621444240-avatar-jaywill.jpg?twic=v1/output=image&v=2)
13 September 2017 | 7 replies
@Jay Williams most of the time a lender will examine all of the debts in your name along with all your income.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/420167/small_1621450611-avatar-harlanbcox.jpg?twic=v1/output=image&v=2)
3 December 2015 | 47 replies
The law exists to protect the public from predatory behavior, not to prevent them from voicing their experience or opinion.The Virginia Supreme Court defines the "practice of law" as: One is deemed to be practicing law whenever.(1) One undertakes for compensation, direct or indirect, to advise another not his regular employer, in any matter involving the application of legal principles to facts or purposes or desires.(2) One, other than as a regular employee acting for his employer, undertakes, with or without compensation, to prepare for another legal instruments of any character, other than notices or contract incident to regular course of conducting a licensed business(3) One undertakes, with or without compensation, to represent the interest of another before [a tribunal, as hereinafter defined in UPC 1-1,] otherwise than in the presentation of facts, figures, or factual conclusions, as distinguished from legal conclusions, by an employee regularly Ö employed on a salary basis, or by one specially employed as an expert in respect to such facts and figures when such presentation by such employee or expert does not involve the examination of witnesses or preparation of pleadings.Virginia UPL Opinion 48. http://www.vsb.org/site/regulation/virginia-upl-opinion-48So, don't advise people on the law for money, don't prepare legal documents and don't attempt to represent people in courts or tribunals in Virginia without a license and you're not breaking any laws.Indeed, the very purpose of this community is to advise each other.