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9 December 2011 | 7 replies
Getting allot of site errors, cant even contact Joshua about them, Had to re join just to reply to posts.As far as some of the questionsStrip center is 25 years old, I keep everything maintained, I always have people asking if I have space.My parcel is all flat, anything that isn't building or parking lot I had graded and seeded with grass, it is kept weed free, cut, and its like a park like setting. the 24 acre parcel has hills, and wet areas that DNR wont let be touched.I don't need to sell, but also know if the corner develops my site is worth much more, so if I hinder it I shoot myself in the foot.One developer brought up an easement to me for an entrance, his question was would I GRANT him an easement, not sell him one,that was back when a large food chain wanted the corner, he was going to develop it and then lease it to them( pick n save), not sure if I can name them.Anyway I got skidish with developers and brokers, they would call and want to meet at the local StarBucks, try and get me to tell them what it would take for me to sell, tell me they were going back to draft up an offer, I would never hear back, one local broker drafted up an offer to purchase, the offer was transferable, it was full of errors the city wasn't right, the county wasn't right, it was just a mess, so much that I began to think the commercial real estate world was full of shysters.I had a broker list my site for lease a few years back, asked me if I wanted to sell because of the corner being up for sale, I said maybe it all depends, so to make a long story as short as possible, he would tell potential Tennant' that I was thinking of selling, so not to depend on long term leases, then tells me lets just list it for sale, its not leasing out !
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9 December 2011 | 10 replies
(the lender will have to pay for it in advance).Sometimes there is language in the note and security instrument that allows a lender to not only collect on any and all advances (such as taxes, insurance and legal fees) but also charge interest.
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22 December 2011 | 6 replies
If you really trust the person you can have them prepare and give you a grant deed from B to C and wire to close their escrow A to B.
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14 December 2011 | 9 replies
Did you collect 3 separate checks for the security deposit?
2 March 2012 | 6 replies
Texas has looked good from my perspective for the past 4 years because they give grants and are cooperative with tech startups - If I was a tech company it would be the place.
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31 July 2012 | 9 replies
The income is Social Security, VA benefit (military spouse of a veteran who passed away) and a civil service check.
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11 October 2013 | 17 replies
I purchased 3 at one time and had them all re-keyed and secured.
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16 December 2011 | 6 replies
Self employment tax or SET is the same as the medicare and social security that's deducted from a paycheck from an employer.
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26 December 2011 | 5 replies
The bank still can try to collect on their note with the previous owner, but they do not have the mortgage to secure the note.
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2 April 2018 | 10 replies
What I meant with REO brokers is they are not going to sit and secure a crap property over and over with the low commission they are making in a high crime rate area.They get paid a set commission regardless of the price.So whether it stays secure is not a real concern to them.If they sell a 10k house but make 10% which is 1k the condition doesn't matter to most of them.If a 200k house gets trashed where you make 6k on 3% commission or 3k on where the house gets trashed and sells for 125k the broker would stand to lose a bunch of money in that case on the sale.You could argue the broker stands to lose money by losing other listings from the bank in more sales but I don't know many brokers that do more than drop a sign with these types of properties.