James Thomas
My first property (CA) closed, Seller says she's not leaving
29 May 2021 | 103 replies
Under Civil Code 2945.4, it is a crime to do any of the following acts in a capacity as a foreclosure consultant:Charging or collecting any compensation until after the foreclosure consultant’s work has been completed as agreed to in the contract;Charging or collecting interest or fees in excess of 10% per year of any loan the foreclosure consultant may make to the owner;Taking an interest in other property or a lien against the wages of the owner;Receiving payments from any third party for these services without full disclosure to the owner;Acquiring any interest in the owner’s residence in foreclosure;Taking any power of attorney from an owner for any purpose;Inducing or attempting to induce an owner into a contract that does not comply in all respects with Sections 2945.2 and 2945.3; orEntering into an agreement at any time to assist the owner in arranging, or arrange for the owner, the release of surplus funds after the trustee’s sale is conducted, whether the agreement involves direct payment, assignment, deed, power of attorney, assignment of claim from an owner to the foreclosure consultant or any person designated by the foreclosure consultant, or any other compensation. 2Prosecution of Foreclosure Fraud Under Civil Code 2945.4The crime of foreclosure fraud is similar to that of the crime of theft by false pretenses.
Carlos Ptriawan
Buy in November Sell in Feb/March strategy
10 April 2023 | 61 replies
Induce a "solution" that feeds the problem thus requiring more "medicine" (rate increases) and thus, more problems to bring MORE "solutions", and round and round and rou....
Mark Russell
first wholesale deal
10 July 2019 | 31 replies
Sure, he could not find financing, so he was asking about using these escape clauses to induce a seller and then have a way out if he could not assign.
Vladimir Barman
Does direct mail marketing still works???
22 September 2022 | 7 replies
Lists, filtering lists, and all that crap DOES NOT INDUCE OR INCREASE MOTIVATION.
Kyle Mccaw
The Negative Impacts Of Rent Control For Real Estate Investors
30 October 2019 | 11 replies
Landlords are still able to increase rent at a certain percentage per year with a formula of 7% plus CPI, which this year that number comes out to be 9.9%.Gone are the days of a landlord being able to buy a multifamily, kick all the tenants out within 30 days, rehab, and then stabilize without having to induce minor brain damage and pay out of the nose for relocation fees.
Gardy Saturne
Cancelling Property Management Contract
7 March 2023 | 17 replies
I assume they replaced the inducer motor, well that too is only about $300 - 400, These guys are overcharging you.
Chris H.
What Is The Best Way To Prevent A Realtor From Stealing My Buyer?
4 January 2018 | 82 replies
This is a nice long thread with not one mention of fraud by inducement.
Debbie Lee
Please help $41,000 paid to a guru company to be refunded !
5 September 2017 | 459 replies
They might run 100-$500 an hour, but it would be 100% totally worth it to file a lawsuit in federal court alleging fraudulent inducement, misrepresentation, duress, etc.
Drew Vukov
Anyone ever use a TSP loan to purchase a rental?
28 August 2019 | 34 replies
You induce less risk that way.
Joe Zinger
HVAC Brand Reliability
20 June 2021 | 25 replies
A Lenox was the worst, the condenser constantly leaked due to O ring failures (could have been an install/repair issue) & by the 2nd year the blower & inducer motors both went mid winter.