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28 June 2009 | 9 replies
If the bank exercises the due on sale and the loan isn’t paid off their only real option is to foreclose.
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26 August 2012 | 0 replies
I am trying to go through a shoulda coulda woulda exercise regarding 2006, so I can make better decisions in the future.Here is my shoulda coulda woulda: I sold a condo at the top of the bubble, tried and failed to do a 1031 exchange (failed meaning I didn't find a good deal to buy - I did NOT want to just buy any property).
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3 November 2014 | 10 replies
If it works out after 3 months etc. then exercise the purchase option.
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10 August 2023 | 127 replies
Three years is a good amount of time for a tenant buyer to get their finances and credit in order to exercise a lease option saving me around 6-7% in closing costs. 4.
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24 March 2021 | 7 replies
Two and Three have to exercise after receiving notice, what happens if both Two and Three want to exercise, and what happens if Two and Three don't exercise.
28 August 2022 | 5 replies
If prices cool maybe the tenant wont exercise the lease + option contract and you keep the depositI'm in the portfolio building phase and have some emotional attachment to my properties.
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1 May 2020 | 140 replies
I plan out everyday what I want to be doing (how much time with family and friends, my business, exercise, spiritual, etc. ) I have specific traits I look for in passive investors on my syndicate deals and direct clients who want to own something 100% individually.
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29 April 2019 | 22 replies
PIP East, LLC, PIP West, LLC, the PIP Group, Lena Sells, Charles Sells, and DOES 1 through 50 wrongfully exercised dominion and control over Plaintiff’s said personal property and did not return the remaining sixty-seven (67) tax liens and/or title until March 2, 2017; and never returned approximately ten (10) other liens.74.
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22 April 2016 | 15 replies
If you assign the beneficial interest of the trust to someone else you have violated the clause and the bank can exercise their right to accelerate the loan...if they find out.
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11 March 2017 | 5 replies
Once that first appraisal comes out he's pretty much stuck with it unless he can show they made a fundamental mistake, plus appealing an appraisal with the lender takes awhile.He has three options if he has a contingency. 1) Start from scratch with a different lender and hope a different appraiser sees it differently. 2) Borrow $120K from friends/family/private lender to make up the difference. 3) Exercise the contingency and give up on the property.The seller ought to know that this will be a problem with any non-cash buyer so may have to be encouraged to be patient.