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14 September 2022 | 57 replies
Once a property is selected, the Residential Realtor facilitates the offer and the closing process.
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12 November 2017 | 29 replies
Our jobs are no longer as much about “selling” a property to clients as much as it is facilitating the purchase or sale after they’ve decided they want it.
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30 March 2016 | 53 replies
., a lender may state on a loan application that a prospective borrower’s income is greater than it really is in order to facilitate approval of the loan);Adding insincere co-signers (lender adds a fake cosigner for loan approval);Making loans to mentally incapacitated homeowners;Forging signatures (lender forges a borrower’s signature on an early disclosure);Paying off lower income or interest mortgages;Loans in excess of 100% loan to value (LTV);Bait and switch tactics, such as substantially changing loan terms at closing;High annual interest rates;High points or padded closing costs;High loan origination fees;Balloon payments;Negative amortization (where principal balance increases rather than decreases);Padded appraisal costs (inflated home values in appraisal);Padded recording fees;Bogus fees (e.g., HUD will state that the broker has a fee for underwriting fee, when in fact brokers have no underwriting fee);Itemizing duplicate services and charging separately for them;Misinforming the prospective homebuyer that credit insurance is required and/or failing to disclose to the buyer that they are earning a commission on the insurance;Mandatory arbitration clauses;Falsely identifying loans as lines of credit or open ended mortgages;Forced placed homeowners insurance (lender falsely claims that homeowner does not have insurance and then gets an undisclosed commission for selling it to them);Repeated refinancing (flipping);Daily interest when payments are late;Excessive prepayment penalties;Foreclosure abuses; andHome improvement scams.A range of state and federal law of laws are available to help attorneys address dismantle the harm wrought by predatory lending practices.
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16 December 2023 | 82 replies
I am using a facilitator who is setting up my LLC.
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28 August 2017 | 1 reply
What would be the ideal way to facilitate this whole transaction?
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15 January 2015 | 6 replies
You can facilitate transactions if you are a party to that transaction, otherwise you may need a license.In business transactions, say the sale of a business and commercial property, actually it becomes easier to be more creative, you have more moving parts, more avenues to explore, often business cash flow to work with.
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6 December 2012 | 8 replies
The organization runs professionally facilitated monthly meetings for 10 to 14 peers, where each member has a chance to present to the group their portfolio strategy and allocation decisions, alongside a careful articulation of their investment criteria and long term objectives – what their risk tolerance is, for example, or whether their goal is to spend it all down before they die, or create a family legacy to last generations.
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2 September 2014 | 2 replies
Though you may want to continue to facilitate the transaction to ensure it gets to closing smoothly.
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16 April 2015 | 6 replies
These plans will also typically offer checkbook control.There is a good bit of discussion here on BP regarding various self directed plan types and the services of the major players in the industry.Quality of services is key, whether you choose to work with a custodian or a facilitator of checkbook plans.
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12 June 2018 | 24 replies
That's the number you will be running your calculations off.The most typical way for the BRRRR strategy to work is you are using Hard Money at a much higher interest to facilitate the initial loan.