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27 April 2014 | 4 replies
They have indicated if we would like to see our homes we have to schedule an appointment with a representative from their company.We were informed when we signed our contract that we would have 2 walk throughs 1) dry wall phase and 2) 90% completion phase.
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28 April 2014 | 14 replies
Bank has indicated no issues with refinancing.
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28 April 2014 | 15 replies
@Ming Lim The Ontario Residential Tenancies Act and accompanying regulations indicate how long you are to retain/store a tenants belongings before you are permitted to dispose of them.
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4 May 2014 | 3 replies
The title is a bit misleading -- it indicates that 25% of homeowners regret buying a house, but the actual then implies that 25% of homeowners regret buying the specific house they bought.
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1 May 2014 | 9 replies
Now, if you find a DIL to an individual or small lender you may head off a sale process, that's about the only use where a future sale would probably be considered.You can search QCD here on BP and find the issues concerning them and their use.To build a marketing program around such filings, as I said, won't yield much, there is no indication that there is a motivated seller at the end of that conveyance, if there is even a seller.I'm not sure I'd be excited about trying to obtain good title from someone who had received title by a QCD, that brings up additional title examination and research to know I had a deal, not impossible or difficult but another issue to address.
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1 May 2014 | 5 replies
Again, it's a hefty amount.Might consider a smaller first mortgage, opens the buyers up, lower LTV, principal reduction, that would be more marketable and carry a second, a larger second would indicate more of a guarantee to a buyer of the first position as well.I'd rather see a longer amortization, 15/20/30 years, perhaps a tad lower rate with a balloon if I were the lender considering refinancing this in 5 years.
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1 May 2014 | 7 replies
This will usually indicate how much management you'll have to do.If comps are truly 40-50% above the asking price, then why isn't it gone?
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8 May 2014 | 5 replies
And a build contract.If a lender says get me the plans, that's what they mean, if the borrower is lost at that point it's a good indication they don't have a clue as to what to do, then the lenders just say NO.If he doesn't have the money to get a builder and take care of the soft costs to begin with, he doesn't have the money to build!
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7 August 2015 | 18 replies
The events of the past will not necessarily be repeated in the future but are the best indicator of what might happen.
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15 May 2014 | 26 replies
> is considered to be indicating a preference, and landlords can be (and have been) sued due to this wording in ads.