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14 July 2024 | 4 replies
(iii) The grantor of a living trust that was named in the title to the property when the notice of default was recorded.
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15 July 2024 | 50 replies
If a defaulting taxpayer has more than one item to be sold, as soon as sufficient funds have been accrued to cover all of the defaulting taxpayer's delinquent taxes, no further items may be sold.
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16 July 2024 | 15 replies
In fact, nothing was ever done.To make matters worse, I have another Fund That Flip deal that has gone south with little hope to recoup that investment as well.The loan was made in June 2018 and they stopped paying a year before Covid started and this is their latest comments:The developer remains non-responsive to Fund That Flip’s communication attempts to discuss foreclosure alternatives.Foreclosure counsel is waiting on the court to schedule a hearing date for the judge to rule on our motion for default judgment.Fund That Flip continues to work towards re-establishing contact with the developer and their known colleagues to discuss a successful exit.
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14 July 2024 | 11 replies
Request data on default rates and how they handle defaults.Check Licensing and Regulation:Ensure the firm is properly licensed and regulated by the appropriate state or federal authorities.Confirm their compliance with all relevant lending laws and regulations.Assess Financial Stability:Review the firm’s financial statements and balance sheets.
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14 July 2024 | 56 replies
An LED lights up the room so much better and does not get dusty.No, the house does not have central air, but this is Ohio so A/C window units are commonly used for the couple months of the year they are needed.I say no need.Our first SFH has fans by default, our second SFH has no fans.
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12 July 2024 | 3 replies
1/3 of rehab loans are defaulting right now...If you have zero capital, I'd just get to work.
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11 July 2024 | 12 replies
@John DeanIf it’s going to be owner occupied then you should use a loan servicer as its required by law in most states and for every incorrect statement you send every month you are committing CFPB violations and if the borrower defaults you are technically not allowed to collect interest - in some states if they have a good attorney and default they could wipe you out in legal fees…My bigger question is why would you seller finance?
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12 July 2024 | 40 replies
There’s default risk, the risk that the borrower doesn’t make the monthly payments.
12 July 2024 | 3 replies
They already sent Default Letter!
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19 July 2024 | 100 replies
Here is a summary of the new requirements: https://www.nar.realtor/sites/default/files/documents/mls-po..."9.