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20 October 2014 | 22 replies
Consider too taking someone over their limit from an open authorization for rents that can be paid a few days later.
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18 September 2012 | 17 replies
Subterrainian termites will always have tunnels that lead from their source of food and water.
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16 April 2012 | 29 replies
You also stated you wanted to invest in better areas which leads me to believe this is a lower end area.
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19 February 2012 | 16 replies
that is some leverage you may have over them..most lower income tenants don't care if they're evicted...however, if you report her to the sec 8 authority that you're evicting her for not paying her portion, they may take her voucher away..that could scare her into straightening up and/or getting out of there asap
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9 February 2012 | 3 replies
You have power of attorney and limited power of attorney.They shouldn't need to give you either in this situation.All you need is an "Authorization to Release Information" form signed by them with your contact info on it and then YOU fax it in to the appropriate department.
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16 February 2012 | 11 replies
If through a listing broker it will depend on what the listing broker entered on the MLS and MLS rules.In Georgia for instance on FMLS if as a broker you screw up and enter commission wrong,mistake things etc. you can be on the hook for the commission or lose access to the MLS.MLS's are sometimes controlled by REALTOR associations and other times are private entities that are non-profits or for-profit organizations.Also the brokers/agents involved it would matter if they were REALTORS or not.Generally your state's real estate commission does not handle commission disputes.They only care about license laws.The agent can argue procuring cause with the other agent but it should not stop your sale.Simply you would close and get your proceeds and the commission in question would be froze until a solution was given and signed in writing or a court order.There are so many variables to this and it is state specific.Procuring cause is a chain of events leading up to a sale of a property.If the chain is broken generally the broker/agents is not due a commission.The moral of the whole story is the buyers agent needs to learn how to protect themselves in the future.I am not going to court to get my agents commission when I only charge them a 300 flat fee as a broker.No legal advice
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30 April 2013 | 12 replies
That is a "crushing it" deal you landed.With section 8 paying you will ride the government gravy train.Paul you haven't said if you will be buying all cash.I don't like the fact the house is from 1973.You have to worry about lead based paint and the EPA instead of being built in the later years.You have to worry they just put lipstick on it.Remember many of these companies do not care about you they just want the check.A connection should be formed with someone local to the area wanting to form a relationship with you that will last generations and help you get into good deals where you will not be into trouble down the road.I can tell you just 3 to 4 years ago getting houses for these prices was unheard of.It will not last forever.
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1 April 2012 | 28 replies
You need to find a good environmental consultant in your area to inspect that 1955 building for asbestos and lead-based paint.
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16 February 2012 | 8 replies
Or like the others said it may be wiser and safer to involve the authorities for this one....Either way let us know how it turns out Joel....Godd luck,Chris
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19 June 2012 | 23 replies
Throw unit occupancy in there for budget and understanding purposes which also will lead to indications of the stability of the purchase price and ownership type ratios.Ethan points out some less controllable events.