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Results (1,170)
Elaine Jordan Foreclosure, Pre-Forclosure & Auction Advice for newbie
20 July 2016 | 18 replies
This is not legal, unless it is disclosedBe ready to do business, since you are paying cash, have that cash ready; get credit lines, borrow money and put it in account for your auction business, have partners (preferable family) with the cash ready to useGet your name on the mailing list of all of the auction companies in your area so that you are notified of salesTalk to the auction associate in charge to try to get some inside information about the sale; is it owner ordered, bank auction, foreclosures, will they accept a precaution offerAsk questions, what is the reserve (sometimes they will tell you, sometimes they won't, what is the balance of the mortgage, if your are the high bidder will you get the property free and clear of any liensWhat is the first deposit, what is what is the second depositis there interest on the high bid from the day of sale to day of settlement (this could be very expensive), there are times when due to a legal situation, the trustee can't settle the property immediately and it may take 6 months or longer, this means that you may be paying 1% or more per month until settlement.How soon will you have to settle, 5 days, 10 days, 30 daysCan you have possession immediately (you should get this, it will give you a head start on cleaning the property up and prepping for re-sale or rentalWill the auction company disclose any known defects (septic system failure, well failure, termites, water problems...etc,Ask for a copy of the auction contract and forms you will be required to sign and read every word......make sure you understand what you are committing to do (many of those contracts have hidden clauses that will hurt youWill they accept your business or personal check (try to get approved to use your checks (most auction companies require certified funds, if that is a requirement, get a certified check made out to you)Make sure you have good comparable sales data, you need to know what the value is and what you can sell it for immediately if you have to, try to understand the repair cost alsoYou may want to consider selling the property (assignment) before settlementSet your high bid price and don't go higherCheck out your competition at the sale, most of these folks are professional buyers (predators) and will out bid you or give you a chance to out-bid yourself......be careful, try to get to know them (you will see them at every auction sale, they are really good at what they do.
Brandon L. Wordpress based website for real estate agents
11 August 2016 | 15 replies
Take extra precautions to protect contacts info.
Dinesh T. Foreclosure/Abandoned Personal Property
14 November 2016 | 5 replies
What precautions should I take before/after changing locks?
Paul Sandhu Catching someone breaking into your vacant furnished rental?
30 November 2016 | 5 replies
In my opinion, it sounds like you bought the cameras as a precaution due to the previous break in so I don't see how a judge would favor you in requiring restitution for the cost of the cameras.
Luke H. Tenants wants out of lease in 15 days
1 December 2016 | 12 replies
Or google a form..And proof of advertising is like posting your ad on Craigslist you can print it off.or take photo of sign outside time stamped ,, usually you wouldn't need it but a precaution.
Maria S. Cockroaches and Secondhand Smoke as Cause to Break Lease?
17 October 2016 | 4 replies
Quite frankly, I know that cockroach infestations can take several months (if not years) to solve, and that we cannot necessarily count on our neighbors to take correct precautions to "starve out" the roaches.
Steve Francis Bridgeport Boro Inspector Fined me $400
27 October 2016 | 3 replies
If you know when your being inspected take the precaution and do a inspection yourself with notice at least a week prior to them coming out.
Steve Babiak Philadelphia woman accused of scamming landlords out of thousands
19 September 2016 | 20 replies
Make sure to take all necessary precautions!
James Feeney ethics in wholesaling
25 September 2016 | 12 replies
Just taking precautions.
Nick Romano Are you unknowingly creating mortgage fraud? Insurance v LLC
21 December 2016 | 25 replies
There is still no guarantee, but taking these precautions will limit your risk more than an LLC will protect you.