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14 May 2020 | 9 replies
Given that many deals have delayed or canceled, perhaps yours is among them and you now want out.If either of the first two, you should have know.
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3 May 2020 | 33 replies
Not to mention all the stuff that's in construction, way behind schedule based on the delays and inability to get materials and manpower.
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1 May 2020 | 4 replies
And with the deluge of unemployment claims overburdening the unemployment offices, most claims have been delayed 3-4 weeks, so theoretically millions of tenants have not had income for 3-4 and no unemployment coming in yet.
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2 May 2020 | 5 replies
Once they are on the hud you can refinance them out without seasoning by using the delayed financing exception.
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9 May 2020 | 8 replies
Hi all,Thanks so much for reaching out and my apologies about the delay!
1 May 2020 | 2 replies
Hello I am a potential investors in commercial real estate (for the reasonsI will be opening a business with a physical location (plans have been delayed because of COVID).
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1 May 2020 | 14 replies
Alexandria Ocasio-Cortez said during a live event on Facebook this week.A moratorium on evictions doesn't mean rent is not owed; it simply delays the eviction.
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1 May 2020 | 4 replies
Please note that per the multiple loan rules, the amount of the loan must be reduced by the highest outstanding balance of any other 401k participant loan over the prior 12 months (regardless of whether such other loan is currently outstanding).Monthly or Quarterly Payments: The loan must be paid back in equal monthly or quarterly payments of principal and interest.Interest Rate: The interest rate is equal to prime plus 1% (or CD rate plus 2%) and is a fixed rate that is set at the time that the loan is taken.Term of the Loan: Five-year term unless the proceeds of the loan are used to purchase a primary residence in which case the term of the loan may be up to 30 years.First Payment:For monthly payments, the first payment that would otherwise be due is delayed until January 2021 (e.g. if the first monthly payment would have been due on May 15, 2020, it will be due on January 15, 2021).For quarterly payments, the first payment that would otherwise be due is delayed until the first quarter of 2021 (e.g. if the first quarterly payment would have been due on May 15, 2020, it will be due on February 15, 2021).EXISTING LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.If you meet the above conditions:You may delay making any 401k loan payments due between 3/27/2020 and 12/31/2020.You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).If you elect to delay making such loan payments, the term of your loan will be appropriately extended.
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25 May 2020 | 25 replies
Another couple delayed the close on their new home from April 1st to July 1st so we have them until then.
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4 May 2020 | 15 replies
Bite the bullet and accept the offer with the minimal required repairs.