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14 January 2019 | 5 replies
I sent forms several forms to my tenant (Execution Exemption Notice & Notice of Intent to Levy on Earnings, Judgement Debtor's Exemption Claim Notice, Affidavit of Judgement Debtor, and Earnings Execution Disclosure) and it has been 16 days and they did not respond in any way (and yes, I have confirmation of these items being delivered).I have decided to go after their bank account, as I have that information, and I am going to be getting a Writ of Execution.
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17 January 2019 | 17 replies
But when I looked at the underwriting and the assumptions I can see very quickly that the chances that the sponsor will be able to deliver that performance is less than zero.
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18 February 2019 | 6 replies
They are delivering a fully leased property fully furnished.
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14 January 2019 | 11 replies
If you receive insurable title and get title insurance you should be OK. this is common on auction dot bomb.. we buy a lot there.. you just make your offer sub too title insurance like any other transaction.sometimes they cant deliver title and they send your EM back.. we in most instances though will pay for our own title policy.. the companies they use while free are not the best..
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17 January 2019 | 28 replies
You goal is nuanced in that you want to purchase passive investments first and then move to the drivers seat.
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15 January 2019 | 10 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: 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 Affidavit review 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 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.
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28 January 2019 | 20 replies
To understand the grounding conductors, one needs to understand the utility and how power is delivered to the house.
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31 August 2020 | 12 replies
I was disappointed because I had successfully delivered some other business services, but I reflected on the fact that the company (versus me as an individual) he chose was a better fit to dispose of the property according to his specifications.In summary, the company you are with now is providing you a PLATFORM to generate and close business.
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15 January 2019 | 8 replies
Since the property would be in the same town/state as his single-family residence, changing his driver's license/mailing address/legal address wouldn't be a big deal.