Michael M.
Obtaining financing as an Corp/LLC
24 February 2018 | 16 replies
Does the insurance for the corresponding property protect my personal assets?
Llewelyn A.
Unable to Deliver Marketable Title Return of Earnest Money
24 February 2018 | 20 replies
@Wayne BrooksThere was NO correspondence between any of the parties which would indicate an extension of the Contract past 1/28.The demand for EM was after this date.I also think we have to keep in mind that damage to the Seller is not due to the Buyer's actions but from the Seller's Civil Case.HOWEVER, there is significant damage to the Buyer, for instance, increased mortgage interest rates, cost for application fee, Title Search, Attorney retainer, etc. which are caused by the Seller's inability to deliver marketable title.As far as if Kevin is still in Contract, the date that was last communicated by the Seller's Attorney was 12/1/2017 where the Civil Trial was to occur but then was postponed to 1/29.Kevin verbally corresponded to John the Sellers Agent and said that if the 1/29 date is further postponed, we would cancel.Additionally, the Mortgage Bank Canceled the application due to uncertainty.
Lenny B.
Rent control measure on Sacramento ballot
9 May 2018 | 9 replies
Eight of those members, each from a corresponding city council district, would be elected, while the mayor would select the ninth.State law restricts rent control only to apartments, homes and other housing units built before Feb. 1, 1995.
Lena S.
4 Unit building/ 7 parking spots/ 8 cars to park
20 March 2018 | 10 replies
I would number each spot for the corresponding unit and rent one with only one off street parking spot.
Terrence Williams
Apartment Building Financing Do's & Don'ts
23 March 2018 | 8 replies
They usually only work through correspondents for smaller deals because the executions can be complicated.
Suki Su
Hard money loan first time investor
11 May 2018 | 7 replies
So you're still looking at having 20% in the bank.Most HMLs have no prepayment penalties (but confirm first), so the interest rate (and corresponding interest payments) is just prorated to however long you hold the loan.As far as application fees, you shouldn't need to pay anything up front other than an appraisal/BPO.
Jeff Moore
Agent Commissions too high?
25 July 2020 | 30 replies
They gave me a Seller's Net Sheet Estimate (which actually states at the bottom that all figures are estimated and subject to change ) that spells out what the brokerage and seller's agent % commissions and corresponding dollar amounts are. 6% - $9641 (my agent/his brokerage)4% - $6194 (seller's agent)Total (math & stuff): $15,835, or exactly 10%, so the seller's percentage isn't coming out of the 6%.
Lisa Shankus
Are anonymity and self management possible?
8 May 2018 | 2 replies
I would imagine you could do most of your correspondence by mail and email.
Greg Dyer
Bad Tenants storing trash/waste on property
26 March 2018 | 3 replies
If they cant be found you’ll keep all the correspondence sealed and bring it to court.
Anthony Dadlani
Collateral assignment of mortgage David van Horn
3 May 2018 | 17 replies
I have seen that in my day.. that is a mess.you make the due date correspond or be earlier that the note your borrowing against..