8 April 2021 | 6 replies
Florida's financing extension is in paragraph 5: EXTENSION OF CLOSING DATE:(a) If Paragraph 8(b) is checked and Closing funds from Buyer's lender(s) are not available on Closing Date dueto Consumer Financial Protection Bureau Closing Disclosure delivery requirements ("CFPB Requirements"),then Closing Date shall be extended for such period necessary to satisfy CFPB Requirements, provided suchperiod shall not exceed 10 daysAlso, if the financing period passes and the buyer's don't opt out, this would apply: v) If Buyer is unable to obtain Loan Approval after the exercise of diligent effort, then at any time prior toexpiration of the Loan Approval Period, Buyer may provide written notice to Seller stating that Buyer has beenunable to obtain Loan Approval and has elected to either:107 (1) waive Loan Approval, in which event this Contract will continue as if Loan Approval had been obtained; or108 (2) terminate this Contract.
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15 April 2021 | 29 replies
I've viewed what going rates are from the consumer side and getting to see the available days so I think I have a general idea of the #'s, but of course "general ideas" and investing don't go together.
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7 April 2021 | 1 reply
As many people do in their younger years, we accumulated a fairly large amount of consumer debt; around $55,000 worth.
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8 April 2021 | 8 replies
If the concept is you roll the profits from one property into another to postpone your tax bill, why the need for all these extra costly time consuming silly steps. it’s why I’ve never done a 1031.
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11 April 2021 | 6 replies
There's a difference between consumer debt and investment debt so establishing a good record early will pay off with better rates later down the road.The last thing would be the most practical but that would be to simply wait.
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13 April 2021 | 5 replies
Your choice, but you will eventually find your method to be cumbersome and time consuming.....
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11 April 2021 | 9 replies
Don't let a bad business deal consume all your energy and don't let it cloud your judgement.
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9 April 2021 | 2 replies
A new rule proposed by the Consumer Financial Protection Bureau (CFPB) seeks to prevent a wave of foreclosures as some pandemic protections for homeowners are set to expire.
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28 May 2021 | 5 replies
The process is still manual and time consuming.
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11 April 2021 | 18 replies
Also, on those rare occasions I do have to evict someone, Section 8 would not cover damages or late fees, and the cost of going to court plus cleaning plus lost rent more than consumes the deposit.