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22 January 2024 | 19 replies
Open query to any IN attorneys reading this forum...How likely do you think the IN courts would be to strike down an agreement signed between the landlord and tenant stating that the tenant has no right to posses or occupy the property unless rent is paid in a timely manner, and that failure to pay waives any and all rights and protections granted by state, local or other law and grants the landlord the right to forcibly access the residence and remove the contents to a place off the premises, without requiring a formal eviction?
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4 May 2016 | 134 replies
At the same time consumers are barraged with consumption messages that are designed to strike at our vulnerable egos and fears.
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25 April 2016 | 14 replies
Im going strike out some and hit home runs at times as well.
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30 April 2012 | 20 replies
With short sales it is a waste of time going back and forth with a seller to get to a price only to have to do it again with the bank on the loan and all other junior lien holders.What you want is a pre-approved short sale.Someone else has already gone through the pain and anguish of submitting the offer and getting the price approved and are usually long gone when the bank gets back to them.You come in at the right time and strike a deal with the least amount of hassle.This is also important because during the initial contact with the bank on the short sale it could take weeks or months to get an answer.You go under contract for say 130,000 when it's listed for 140,000 subject to bank approval.2 months go by and the market has dropped down another 10,000 in values when you get a response.They have a high BPO from the bank and the bank wants 135,000.Now you are looking at a 15,000 gap with the market diving down.Now the bank wants to order yet another BPO which takes more time and the market goes down again.They are better with short sales now but a few years ago some would take 6 months to a year to happen.Great if the market goes up but not if the market goes down during that time as your contract price will be inflated.If the property is pre-approved and the price is great short sales are worth it.If not there are too many other properties to look at.Just tell the listing agent that is as high as you want to go and have others you are bidding on.Say if you want to get paid I am a serious buyer so see if you can make the bank accept the offer.If they really have another offer they will tell you bye,bye.If you are the only game in town and they were bluffing they will try to push it hard.Unlike an REO listing agent the agent is not getting more listings from that client on a short sale.The best they can get is a referral from their client they did a short sale on.Not many people say "Hey this agent did a short sale on my house and it was great and you should use them if you can't pay your mortgage".Most will want to keep stuff like that private.
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20 March 2014 | 9 replies
I grew up in a family of real estate/marketing people and now want to strike out on my own and start my own investing.
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29 September 2019 | 25 replies
Its always striking how often small time landlords won't call me back when I call about a past or current tenant.I always return calls about my tenants as soon as possible because I know how important it is for landlords to get a timely response as they consider an application.I'd say they are hypocrites, but they are not necessarily since some may be the type of landlords who are too lazy to call landlords references when evaluating an application.
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28 April 2015 | 5 replies
Go over the contract with a fine-tooth comb, and strike clauses that don't sound right.
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3 May 2015 | 11 replies
The word "felon" strikes fear in every property management company I deal with.
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3 May 2015 | 18 replies
We also set a hefty violation fee of $50 per occurrence and at three strikes they're out.Specifically, for people with disabilities...
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18 April 2015 | 9 replies
Just a bummer because it feels like we keep trying to find the right home to begin our flipping adventures and we continue to strike out.