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27 October 2009 | 7 replies
The warranty deed is very important because without it several title comanies will not "guarantee" their title search which is what gives the buyer an guarantee of clear title.A quit claim deed just does not do this adequately.Then when filing with the county, no matter what the property is sold for, there is often a question that you will have to answer that says that the amount listed is the amount paid for the property OR the actual value of the property WHICHEVER IS GREATER.
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10 August 2017 | 112 replies
Go find ALL the vacant properties you can, write down the addresses and give them to whichever investor you come to agreement with for a bird dog fee ($500-$1,000 per closed property).
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19 December 2006 | 7 replies
However, except for Hard Money Lenders that (might) lend on the ARV (After-Repair-Value), most lenders make their loan based on the Purchase Price or the Appraised Value (WHICHEVER IS LOWER).
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11 August 2016 | 25 replies
So what I am finding is most banks will give you 70-80% of appraised cost or actual cost, whichever is less.
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3 August 2011 | 5 replies
Since you're getting a loan, it will be considered a "purchase money" loan, and the value will be the appraised value or the purchase price, whichever is lower.You'll have a down payment, too.Now, you might be thinking you could represent to a lender the purchase price was, say $60K, come up with $10K in closing costs somewhere, and get a $50K loan.
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15 April 2012 | 4 replies
An appraiser may well look at both approaches and take whichever value is lower as the value.
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28 November 2016 | 19 replies
There are multiple ways to successfully invest in real estate and I want to do it right whichever avenue is taken.
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31 March 2016 | 3 replies
I plan to do exactly what you've mentioned, mailing letters, contacting them whichever means possible; facebook, linkedin, etc.
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1 July 2017 | 7 replies
Your tenancy, if any, in the Premises is terminated 30 days from service of this Notice, or on ________ (whichever is later).
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25 January 2017 | 6 replies
ORC 5321.16 - Any security deposit greater than $50 or one month's rent(basically all security deposits) whichever is greater shall bear interest on the excess at 5% per annum and paid annually by the Landlord to the tenant.This only applies to amounts greater than one month's security deposit, so if I make my security deposit equal to one month's rent, there is no interest to be paid?