11 July 2020 | 1 reply
The transferor would, in this case, transfer shares/control in the corporation to the US child, and these shares would represent control of the underlying asset (the actual properties).
17 July 2020 | 8 replies
I've heard a lot of horror stories about other turn key companies from our clients and there are always recurring themes but in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Require you to close before a tenant is in place
13 July 2020 | 4 replies
Would you recommend we get an agent to represent us?
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20 July 2020 | 14 replies
I represent several lenders, and while many will take into account the borrower's credit and RE investor history, the major criteria they base their decision on will be the property - whether that be LTV, income generated, debt service, etc.
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1 February 2021 | 26 replies
If no probate has been opened, the court will require an ad litem attorney to represent the estate specifically for that property.
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13 July 2020 | 1 reply
“This process allows the team to take into account not only the proud tradition and history of the franchise but also input from our alumni, the organization, sponsors, the National Football League and the local community we are proud to represent on and off the field,” Snyder said in a news release.
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15 July 2020 | 7 replies
Hi all,I'm a rising 2L at Yale Law School interested in working in the Real Estate practice group at a large law firm in Houston (exclusively commercial, representing buyer and lender sides).
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14 July 2020 | 1 reply
Probate estate attorneys represent the executor and the executor represents the estate.
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22 July 2020 | 2 replies
Well, if you're offering cash, I'd ask for proof of funds if I'm representing a seller.
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16 July 2020 | 5 replies
Make sure all taxes are paid to date and have the Seller represent as an express Seller Representation in the Contract that they are not aware of any litigation, or pending litigation against themselves or the property.