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6 March 2014 | 1 reply
I believe flipping would be the best course of action and then we could transition into rentals.
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7 March 2014 | 14 replies
It will say something like.Buyer retains earnest money and this will be considered full liquidated damages with no further action allowed.ORBuyer can elect to receive earnest money as damages and also bring suit for damages.ORIt can mention you choose one or the other.Really your contract can say anything so you need to read it word for word.
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10 March 2014 | 3 replies
Always been in the back end of the real estate creating preliminary reports for others and I’ve always wondered and imagined, why can’t I be in the front where all the action is?
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25 March 2014 | 9 replies
To summarize, when the market changes and the prevailing conditions make their preferred investment strategy less profitable, some pivot within their preferred strategy (for example, expanding from duplexes to quads), some pivot their actions by changing strategies (switching from buy-and-hold to flips, lets say), and some stay the course with their preferred strategy and simply pivot by finding a new location (i.e., find a market with more favorable conditions).
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10 March 2014 | 4 replies
In theory, you could undertake legal action to make the seller "perform" on the original contract you had.
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9 March 2014 | 4 replies
Basically my original tenant has stated that if she doesn't leave peacefully and some legal actions must be taken in the courts she is going to vacate the apartment and leave the problem on my hands.
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10 April 2014 | 28 replies
Phil, the liens are super priority liens and that's why it survived the foreclosure action.
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18 April 2014 | 15 replies
It just takes effort and community involvement, along with an action list in order to progress the community towards a better future.
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15 March 2014 | 15 replies
One, no foreclosure action is commenced and you do not initiate one either.