You essentially agree to pay the collection agency a negotiated sum in return for their agreement to delete any and all record of the account.

FHA and VA are government agencies and will have access to all of the applicants personal and financial information.

But additionally, since you need someone to share their net worth and liquidity to qualify for your loan, they are taking on some decent risk to not be truly involved with the opportunity for upside.At the end of the day, if you are assuming $1mm down, $3mm loan, whether it is agency loan or debt fund or local credit union, they will want experience (and this could be the professional property management company you hire).  

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

If they are otherwise a good tenant, I would put them in touch with some local rental assistance agencies first.

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

To do this, they can go to the appropriate administrative agency or court in their jurisdiction.SO, get a good Real Estate lawyer, not all lawyers do real estate.

I thought the seller and buyers broker split the commission.It is a new way of framing the agency relationship as of 1/1/24 due to the changes happening nationwide.In practice, most sellers are still paying buyer agent commissions as it is a good business decision to do so.