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3 February 2015 | 43 replies
So your investment properties may be at risk if you are sued (insert LLC and umbrella insurance debate here) or or for some reason you need to declare bankruptcy, but IRAs and 401k plans are protect - but these laws vary by state.
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9 October 2013 | 12 replies
., declaration of condominium property, bylaws, restrictive covenants, etc...) state all of the rules that apply to owning a lot in the development, the creation of the association, how the association is to be managed, and how the property is to be managed.All of these vague references actually create legal obligations on your part as the owner of the unit (even if it is a vacant lot).
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22 February 2014 | 7 replies
This is an issue with the by laws of the association and possibly even amended in the declaration.
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26 February 2014 | 36 replies
Internal obsolescence can be controlled or modified, such as a floor plan requiring traffic to go through a bed room to enter a or the only bathroom, or having a bedroom off a living area requiring traffic to go through a living area to get to a bathroom.Social aspects, popularity of an area, shift over time and may change the market aspects of any residence.It's rather naïve to walk up to any property and declare that the property will be purchased and kept forever if it is influenced by community factors.
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23 January 2014 | 10 replies
The good news is, the insurance company just bought you a new roof and you don't have to declare the cost as income!
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2 June 2008 | 9 replies
This is the “raison d’etre” for HOA governance as contained in every declaration of covenants.
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30 April 2008 | 29 replies
You want muscle, too.
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21 July 2011 | 22 replies
Eligible Customers: Anyone whose home has been destroyed or severely damaged in a Presidentially declared disaster area is eligible to apply for mortgage insurance under this program.
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13 August 2008 | 4 replies
The lady at the bank told me she couldn't do any more mortgages in that particular county because Citi has declared it a declining market and won't buy mortgages there.
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27 January 2010 | 8 replies
Hey everyone,
just wondering how you would find out what to charge for rent, which is obviously what you subtract from expenses to find your cashflow.
Is it derived from similar properties in the area?
thanks