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20 August 2024 | 50 replies
(a) Anyone entitled and desiring to redeem real estate under the provisions of this article must also pay or tender to the purchaser or his or her transferee the purchase price paid at the sale, with interest at the rate allowed to be charged on money judgments as set forth in Section 8-8-10 (as it is now or hereinafter may be amended), and all other lawful charges, also with interest as aforesaid; lawful charges are the following:(1) Permanent improvements as prescribed herein.(2) Taxes paid or assessed.(3) All insurance premiums paid or owed by the purchaser.(4) Any other valid lien or encumbrance paid or owned by such purchaser or his or her transferee or if the redeeming party is a judgment creditor or junior mortgagee or any transferee thereof, then all recorded judgments, recorded mortgages and recorded liens having a higher priority in existence at the time of sale which are revived under Section 6-5-248(c).If the redemption is made from a person who at the time of redemption owned the debt for which the property was sold, the redemptioner must also pay any balance due on the debt, with interest as aforesaid thereon to date.(5) Mortgagees of the purchaser, or their transferees, are considered transferees of the purchaser, and a party redeeming must pay all mortgages made by the purchaser or his or her transferee on the land to the extent of the purchase price.If the purchaser's mortgages do not exceed the amount of the purchase price, the balance must be paid to the purchaser.
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15 August 2024 | 9 replies
Personally, I don't like condos- HOAs and surprise special assessments can eat up any potential profits and in most states, they can just change the rules when they want to and decide that LTRs or STRs are no longer allowed.
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16 August 2024 | 19 replies
My houston properties are getting re-assessed for new HOIs, I am looking at Hawaii and finding it hard.
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15 August 2024 | 3 replies
Recently submitting an appeal for my house, I was told that there is a rick that an appeal could lead to a higher assessment if it's found your is undervalued; typically uncommon in Cook County. https://taxbacknow.com/
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15 August 2024 | 8 replies
I currently work as a consultant, on a project that deals with a lot of risk assessment, identifying pain points for my client in areas of improvement, along with these types tasks, there is a lot of tracking and monitoring of multiple different requests that are going on at one time, as well as having to manage my team and personal to ensure we are meeting all necessary suspenses.
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16 August 2024 | 21 replies
Two honest PMs gave me assessments of my current properties.
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15 August 2024 | 9 replies
I want to assess independently before reaching out and doing further due diligence with experts.
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14 August 2024 | 6 replies
After years of sort of cruising on auto-pilot with a single tenant on a long-term lease, we figure it's time to assess the real value of this longtime family investment in case it might be time to sell.
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14 August 2024 | 19 replies
I have 3 properties I need assessed in the next 2-3 months.
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14 August 2024 | 1 reply
Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.