Joinder of Parties due by 5/10/2024, Amended Pleadings due by 11/12/2024, Expert Witness Disclosure/Reports under FRCP 26(a)(2) due by 11/12/2024, Discovery Motions due by 12/11/2024, Discovery completed by 1/10/2025, Dispositive motions due by 2/10/2025, Attorney settlement conference to be held by 4/10/2025, Motions in Limine due by 4/30/2025, Deposition Designations due by 5/19/2025, Pretrial Order due by 5/19/2025, Trial briefs to be submitted by 5/27/2025, Pretrial Conference set for 6/2/2025 at 01:30 PM in Courtroom 16106 before Judge Jamal N Whitehead.

.✅ An agreement must be in place between the buyer and buyer’s agent before any properties can be toured.It should be noted these rules are in line with the NAR settlement and is an MLS participation requirement, not state law

@Michael Anderson If the property had been sold, it would make sense to formally assign the lease and deposit to the new owner and memorialize an agreement to collect and adjust rents after settlement, indemnify the other party for things arising during their respective ownership periods, etc. 

🤔We are 2 months removed from the NAR lawsuit settlement changes.What I am seeing....✅ Buyers still working with buyer’s agents✅ Most sellers still offering a buyer’s agent compensation✅ More transparency to buyers and sellersSure there were some changes, but I am seeing things are BUSINESS AS USUAL.Seller’s are still given the opportunity to negotiate all commissions (including if they choose to pay a buyer’s agent), and buyers are still given the opportunity to do the same regarding their agent’s commission

Worked on a $50mm divorce settlement.  

Created false settlement statements ( criminal of course) so these folks thought they owned the property when in fact I owned them. 

On your settlement statement, does the lender read Fixated Funding or is their another LLC's name?  

The omission is intentional resulting from Fossum’s lead role in a $20-million dollar promissory loan note fraud case filed by the SEC ( Link ), which resulted in a settlement barring Fossum from engaging in similar activities, such as his role with Norada Capital Management ( Link ).The case, filed by the SEC in December 2017 and running for five years, alleges that from March 2011 to June 2016, Fossum raised over $20 million from more than 100 investors through unregistered securities offerings of three investment funds he owned and controlled: Accelerated Asset Group, Smart Money Secured Income Fund, and Turnkey Investment Fund.

This goes to the title or escrow agent and along with a HUD or settlement statement documenting the fees paid out clearly states and is agreed to by all parties that the EMD funds are loaned and must be repaid at closing from the assignment fee owed to the wholesaler or from the sellers funds. 

The seller needs to sell the property for a divorce settlement and initially did not want seller financing.