
6 July 2018 | 54 replies
They just kept sending them letters and finally when it hit enough money, they filed a property lien.

28 February 2018 | 0 replies
We're looking for a good templated solution to showcase a comp analysis on market rents to an investor.

1 March 2018 | 5 replies
Finally, my father-in-law works in construction and is always talking to/about his friends who work in various fields dealing with construction.

1 March 2018 | 4 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule: The HomeStyle program has a maximum 4 draw process.The initial draw can be up to 25% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information: Signed Draw Request by borrower and contractorSigned All Bills Paid Affidavitreview and approve the draw request and will release funds for disbursementA check will be issued in the name of the borrower and contractor and delivered to borrower via USPSAn inspection of work to date will be performed at 50% completeFinal Draw Information: Signed Draw RequestFinal inspection/Completion Certificate will be required for release of final fundsA Title Update showing property free from lien or encumbranceGeneral Contractor’s Lien Waiver AffidavitAffidavit of Completion GMG will review and approve the draw request and will release a check in the name of the borrower and contractor.Change Orders and Cost Overruns: Changes to the initial plan are not permitted unless prior approval by Gateway Mortgage.

7 March 2018 | 24 replies
To many focus on building a buyers list when in all honesty that should be one of the final steps of a whole saler.

7 March 2018 | 4 replies
I've finally decided to do more than just listen to the podcast.

3 April 2018 | 23 replies
I will do a final count next Monday, but I wanted to see roughly who for sure is in.

6 March 2018 | 4 replies
Of course your analysis must have a much higher maintenance cost for these properties.

7 March 2018 | 2 replies
Hello Real Estate Savvy friends!! Hoping I can get some advice on our situation ... We've been under contract with a home since Jan 1 with a USDA Rehab loan. The house isn't in terrible shape, just needs a bunch of "...

6 March 2018 | 4 replies
Then I spent 45 minutes on the phone bouncing around talking to different people within the department until I finally taked to someone who said I would get paid on March 15th.