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5 March 2018 | 2 replies
So my math becomes:Starting mortgage = 200,000 * (1 + <fee%>) - 50,000Ending value = 230,000 * (1 - <fee%>) - <remaining mortgage>If I expect 2% at the front end, and 8% at the back, this becomes a starting mortgage of $154k, final mortgage at about $140k, and a final result of turning that $50k into about $72k.
5 March 2018 | 2 replies
What aggravates me about this situation is the HOA never communicated anything to me personally about the trash in front of the property until yesterday when I received an email of the incident and a fine and a required meeting with the board.
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21 June 2018 | 5 replies
With a new technology it is easier to access data. The tools are there to find coop brokers who work with buyers to bring to the listing agent. Those who are computer or device savvy can go view direct or call whoeve...
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12 March 2018 | 4 replies
In the files you will see a "Final Report" filed by the Trustee of the sale accounting for the money received at the FC sale which includes the sales commission (5%), attorney fees and other charges.
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11 March 2018 | 7 replies
To locate absentee owners, I think often, it's a waste of time.Out of curiosity, I googled skip tracing, and there's quite a few discussions of the subject out there, and quite a few threads even in BP.My first job out of college was in the collections department of a finance company.
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14 March 2018 | 4 replies
There is a fine if you don't do this and the city finds out (they search for this).
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12 March 2018 | 1 reply
Hi BP,I have a quick question.I want to do a quit claim deed on the properties that I own to move ownership to a LLC, I formed the LLC everything is almost done, but now my attorney tells me that he couldn’t record it with the county until I get approval from the Village, which means I might need to pay stamps, do a final water reading, get a village inspection done etcI just wanted to see if you’ve done this before, is this how it normally works?
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10 August 2019 | 33 replies
If you own the property in your personal name as opposed to an LLC if you receive a fine it will be substantially lower than the same fine given to an LLC.
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21 March 2018 | 43 replies
That said, with exception to the capital building which is a fine example of architecture, I thought Austin and much of the hill country really, was a bit of a crap hole with crappy houses.
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23 October 2020 | 13 replies
After that is done a final inspection is required before receiving my certificate which I'm guessing costs the same as the inital inspection.