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7 February 2012 | 37 replies
Man, you don't realize how much you miss a website until you can't access it!
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9 February 2012 | 4 replies
Once upon a time there were some restrictions on how long it had to be in your name, too.The seasoning is going to depend on what you want to use for a value.
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16 February 2012 | 11 replies
If through a listing broker it will depend on what the listing broker entered on the MLS and MLS rules.In Georgia for instance on FMLS if as a broker you screw up and enter commission wrong,mistake things etc. you can be on the hook for the commission or lose access to the MLS.MLS's are sometimes controlled by REALTOR associations and other times are private entities that are non-profits or for-profit organizations.Also the brokers/agents involved it would matter if they were REALTORS or not.Generally your state's real estate commission does not handle commission disputes.They only care about license laws.The agent can argue procuring cause with the other agent but it should not stop your sale.Simply you would close and get your proceeds and the commission in question would be froze until a solution was given and signed in writing or a court order.There are so many variables to this and it is state specific.Procuring cause is a chain of events leading up to a sale of a property.If the chain is broken generally the broker/agents is not due a commission.The moral of the whole story is the buyers agent needs to learn how to protect themselves in the future.I am not going to court to get my agents commission when I only charge them a 300 flat fee as a broker.No legal advice
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17 October 2012 | 55 replies
You make a good profit (with the devil on your shoulder) and then do the angle thing - you can help stabilize the area because you can now access bigger financing grants and the local government is more likely to help because they see more of a chance of pulling it off the more money you can bring to the table.
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14 February 2012 | 5 replies
You will also have to see if there are any binding deed restrictions, HOA rules, municipal codes, or state regulations.
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1 April 2012 | 28 replies
It may not be legal to put apartments in this building due to zoning restrictions.
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19 June 2012 | 23 replies
Although I have never seen a condo project where they restrict renting and I have looked at hundreds of CC&R's.
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10 April 2013 | 22 replies
Hello,It's a great program if your loan fits but there are a LOT of restrictions that can cause it to not be the best deal for everyone.
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19 February 2012 | 6 replies
Perhaps find a real estate agent that will give you access to their standard state form contract.
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21 February 2012 | 7 replies
But no guarantees on what they'll do.Since you already have 4 financed properties of the 1-4 unit type, the underwriting process becomes more restrictive regarding LTV, cash reserves, and credit really needs to have no blemishes.