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6 November 2022 | 30 replies
. --(1) In a civil action under subsection (a) or (b), the court--(A) may award such preventive relief, including a permanent or temporary injunction, restraining order, or other order against the person responsible for a violation of this title as is necessary to assure the full enjoyment of the rights granted by this title;(B) may award such other relief as the court deems appropriate, including monetary damages to persons aggrieved; and(C) may, to vindicate the public interest, assess a civil penalty against the respondent--(i) in an amount not exceeding $55,000, for a first violation; and(ii) in an amount not exceeding $110,000, for any subsequent violation.(2) In a civil action under this section, the court, in its discretion, may allow the prevailing party, other than the United States, a reasonable attorney's fee and costs.
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24 January 2023 | 7 replies
I believe the name of the company that does this is Equity Assurance LLC per Pace Morby (the subto guy)Along with due-on-sale insurance, you should have a decent umbrella policy with high coverage to protect yourself since the lender WILL foreclose on the seller if you can't pay them backKeep in mind that if you don't pay the bank back within 30 days or so (whether that be sell/refi), they will tarnish seller's credit and then the seller can sue youP.S To protect yourself and the seller even more, have solid private capital partners that can jump in to pay the lender off in addition to the aforementioned insurance policies
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21 February 2023 | 94 replies
Then, when by total coincidence, when we did have inflation, I was assured that it wasn't because of the stimulus.
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9 September 2022 | 74 replies
They assured me the dogs are gone and won't be there anymore.
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14 October 2023 | 10 replies
When real estate opportunities become scare, it can be tempting to consider “odd fish.”For starters, after 45 years of doing this I can assure you that there is no such thing as “no heirs.”
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20 September 2023 | 61 replies
These will have more turnover than larger units, assuring you can reset to market rent every two or three years.So you live in one unit in order to secure an owner-occupant loan, then move out in a few years when the property's income covers the mortgage and expenses.Really, in LA, you're a perfect candidate for house hacking as a way to jumpstart a real-estate portfolio!
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4 October 2023 | 91 replies
Guaranteed.Even though it feels overwhelming now, rest assured that this is actually quite a simple business to understand.
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4 October 2023 | 6 replies
Quote from @Roger Paschal: When working Subject 2 deals it is very important to make sure everyone is on the same page.In this case the crazy ex wife called the mortgage company and told them that her husband sold the house but agreed to keep the loan in place.Just do everything you can to stay away from crazy people, when you are interviewing the sellers make sure you talk to both husband and wife.This can be real hard to fix once the can of worms are open.But, but, but, the Sub To "Community" assures everyone that doesn't happen. ;=)Bummer.
12 July 2021 | 19 replies
The more contentious the agent, the more you can be assured that he/she doesn't know what they're doing.
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17 July 2021 | 116 replies
I assure you, “cowering” is not an option for me.