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3 March 2010 | 16 replies
I am an investor, and this is all just standard procedure.
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8 March 2010 | 29 replies
It requires training and understanding of the laws and lender procedures.
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5 October 2010 | 6 replies
XXIV.PLACE OF CLOSING: Closing shall be held in the county wherein the Property is located, at the office of the attorney or other closing agent designated by Buyer; provided, however, that if a portion of the purchase price is to be derived from an institutional mortgagee, the requirements of said mortgagee as to time of day, place and procedures for closing, and for disbursement of mortgage process, shall control, anything in this contract to the contrary notwithstanding.
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28 May 2010 | 9 replies
Lender’s have reserve requirements they are obligated to have for loans on properties in which they initiate foreclosure procedures on.OR YOU COULD SAY THIS:In fact, it could be argued, once they create a pattern of accepting my payments, they can’t even accelerate the Due-on-Sale clause.OR YOU COULD SAY THIS:Yes, it is.
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6 June 2010 | 21 replies
Sellers are generally EXPECTED to carry a note as standard operating procedure for the sale.
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29 August 2016 | 19 replies
Lender’s have reserve requirements they are obligated to have for loans on properties in which they initiate foreclosure procedures on.OR YOU COULD SAY THIS:In fact, it could be argued, once they create a pattern of accepting my payments, they can’t even accelerate the Due-on-Sale clause.OR YOU COULD SAY THIS:Yes, it is.
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8 November 2023 | 13 replies
XXIV.PLACE OF CLOSING: Closing shall be held in the county wherein the Property is located, at the office of the attorney or other closing agent designated by Buyer; provided, however, that if a portion of the purchase price is to be derived from an institutional mortgagee, the requirements of said mortgagee as to time of day, place and procedures for closing, and for disbursement of mortgage process, shall control, anything in this contract to the contrary notwithstanding.
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6 May 2012 | 16 replies
Here in CO, you could start eviction procedures 11 days (IIRC) after the sale, unless the PTAT act was in effect.They may not need an attorney for the closing, but sounds like they do need one for foreclosure laws.
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5 January 2017 | 7 replies
Again, seek legal advice from your attorney or the legal aid office and follow all the rules to the "t" so that you don't have to pay unnecessary fees or start the process over because you missed something or didn't follow a procedure correctly.
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27 January 2017 | 10 replies
What is the procedure to pay the taxes as a new loan to the borrower?