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17 December 2021 | 6 replies
In my mind it comes down to trust and then verification.
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27 November 2017 | 4 replies
Don't pierce the corporate Veil: This can occur if the entity either is poorly capitalized.Inadequate Initial Funding of the entityor fails to maintain a separate identity from its ownersConversion of entities Assets for Personal Benefit:Another factor that poses a risk of piercing the corporate veil is the draining of entities assets (such as payments of large salaries to shareholder-employees) that leaves the entity with inadequate resources to pay its debts.
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26 January 2018 | 12 replies
@Charles CampbellNo income verification, 30 year fixed loans in the 6's for 1-4's are not unicorns; granted the rate is a little higher than Fannie/Freddie money and there are fees, but those loans close every day.Stephanie
20 February 2018 | 5 replies
They will sniff all this out and will want verification of the source of funds for the down payment (bank statements, cancelled checks, wire deposit receipts, etc).
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22 February 2018 | 3 replies
The guarantor provides proof of identity, verification of monthly income at least five times the rent, and they must meet our standard screening criteria.
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27 February 2018 | 4 replies
Still waiting on some asset verification but looks like she doesn't have the means to get past year two if she rents my property.
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16 March 2018 | 7 replies
I think you need to do an analysis to see what the potential gain that you will be excluding.If you brought the duplex for $50,000 of which consisted of 2 identical properties; each property is worth $25,000.If the property is now valued at $52,000 - you may make a decision that it is not worth it to stay in the property for 1 more year to potentially save a couple hundred in taxes.However, if the property has significantly increased in value - then there is more incentive to stay in the property for full 2 years before you sell it.
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20 March 2018 | 0 replies
I'm wondering if other members have identity theft, and if it's helped them restore their identity after a breach.
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9 April 2018 | 15 replies
Then I began looking into real estate and it changed my quality of life and helped me get out of depression and from a deep identity crisis.
29 May 2018 | 2 replies
Note: If conditions of employment exist, the lender must confirm prior to closing thatall conditions of employment are satisfied either by verbal verification or written documentation.