Neema Fotoohi
How do YOU find NOD's?
26 August 2011 | 7 replies
This is a list of the states N.O.D time frames and procedures.
Letisha Carter
Lonnie Deals in AZ
17 September 2011 | 10 replies
It outlines the procedures to follow for doing Lonnie deals.
Richard Chang
1031 Exchange - Existing Loan and Depreciation Recapture
28 May 2015 | 9 replies
Of course you have to meet the other requirements, timelines for identifying/completing the replacement property purchase, proper procedures with a QI, etc.Your conclusion about the mortgage above is incorrect.
John Pauler
Tricky 1031 exchange w/ condo conversion
26 July 2016 | 10 replies
I've done subdivisions in multiple states and the procedure while similar is different in different jurisdictions.
Terrence Evans
Non performing notes in PA
7 August 2018 | 7 replies
@Terrence EvansIt depends on the details: "Residential" notes/mortgages have more procedural requirements that you must comply with compared to "commercial" notes/mortgages.
Jacob Blake
Subdividing a rental property
2 November 2021 | 1 reply
Generally you can visit the planning department and ask what the procedures are, or if it's possible to do.
Shawn Yesner
Florida HB87 - Speedy Foreclosure Coming to Florida
1 July 2013 | 8 replies
Yes I think it will impact existing foreclosures in a few ways: (1) it reduces the statute of limitations from 5 years to 1 year effective as of July 2014 for existing cases; (2) it allows homeowner and condo associations to speed up the bank's foreclosure action using the "show cause" procedure; and (3) I think it may have "awakened" the banks that they can use the "show cause" procedure (a law that's been on the books in Florida since the 90's) to speed up foreclosures.
Brandon K.
Seller (illegally?) requiring title company
2 October 2016 | 11 replies
RESPA Rules on AgentsSection 9 of the Real Estate Settlement Procedures Act prohibits sellers from conditioning the home sale on the use of a specific title insurance company, and in fact violators can be subject to penalties, with the most typical being a fine of up to three times the amount of the title insurance fee.Section 1024.2 of RESPA says a “required use” exists when a person must use a particular provider of settlement services to have access to a distinct service or property, if the person will pay for (or pay a charge attributable in whole or in part to) the settlement service.It’s not considered a “required use” if the seller offers to pay the buyer’s title charges.
Taylor Dove
Clever Investor Mentoring Program
12 September 2017 | 4 replies
I went through a few steps and got the final call explaining prices and procedure, I have arrive at a crossroad.
Jason Bilbrey
What counts as written notice?
7 September 2019 | 4 replies
Sometimes this is more pronounced in with lower grade tenants in the city, but I see it also on the Milwaukee East Side.Here is the good news: cycling tenants out is standard operating procedure for value-add apartment investors.