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25 August 2024 | 61 replies
One challenge with this is that some people only have a first initial given as their name, so the punctuation that appears next must be typed followed by any other numbers or letters.
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22 August 2024 | 0 replies
Purchase price: $1,450,000 Cash invested: $2,000,000 Sale price: $2,300,000 Letter for bank financing:"Dear Debbie,We would like to apply for a construction loan to fund a project that we are currently finalizing our construction plans for.
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21 August 2024 | 10 replies
It's possible the first letter or summons will slap your tenant quickly into compliance, or you may go all the way to court/judgement/sheriff removal.
22 August 2024 | 6 replies
It's really just confirming viability, hence the term letter of INTENT.
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21 August 2024 | 2 replies
If there is no answer leave a hand written letter inside a fed ex envelope.
20 August 2024 | 3 replies
This sounds like a balloon ready to explode.
20 August 2024 | 4 replies
They usually have higher interest costs and a balloon payment.
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21 August 2024 | 6 replies
Perhaps, your PMC needs a better lease or an addendum to cover issues like this.PMC should send a warning letter that clearly outlines repurcussions of what will happen if the tenant doens't comply.YOU must be prepared for the tenant not paying, requiring eviction and any potential retaliation damage to the property.
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20 August 2024 | 2 replies
This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.
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21 August 2024 | 6 replies
In efforts to contact houses that fit our criteria but having issues finding the best service for mailers, post cards, or traditional hand written letters.