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10 October 2017 | 22 replies
Family Member is defined as follows, regardless of actual or perceived sexual orientation, gender identity, or legal marital status: child, parent, or grandparent; o a child is defined as a son, stepson, daughter, or stepdaughter; o a parent or grandparent includes a step-parent/grandparent or foster parent/grandparent; spouse or domestic partner; legally adopted son or daughter, including a child who is placed with the Borrower by an authorized agency for legal adoption; foster child; brother, stepbrother; sister, stepsister; uncle; aunt; or son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-inlaw, or sister-in-law of the Borrower.Or these other exceptions:(3) Exceptions to the Maximum LTV The 85 percent maximum LTV restriction does not apply for Identity-of-Interest transactions under the following circumstances.
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20 December 2017 | 7 replies
I am needing some advice about a potential deal and to see what options I might have.My aunt, by marriage, is trying to get rid of her mother's house, because she is now living in a nursing home.
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17 January 2018 | 14 replies
Look for single family homes with mother-in-law/Au-pair suites or attached apartment.
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11 January 2018 | 5 replies
Hello let me start off by saying i do not own any real estate but been educating myself on the subject for about 1 month now and would like to invest my mother owns 3 property in the same neighborhood and there is a old man selling hes home in the same neighborhood as well for 10k cash i have the money to buy and plan on renting out for 500$ a month but the problem is i live in detroit meaning it is very ghetto, violence, and abandon burned houses etc...and the house needs minor repairs maby about 2-3k total should i buy this home or get a co-sighn of a loan with my mother for 50k and buy somewhere else?
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14 January 2018 | 5 replies
The father died (mother already passed) and there are two sons that will inherit the property.
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15 November 2017 | 8 replies
A few in my neighborhood are in nursing homes, and the disposition of their homes are in question.I never thought much of it till my mother in law, who's 93 fell down in June.
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8 November 2017 | 17 replies
So make friends.Offer to give the seller a pay-off bonus if you sell the property before the mortgage is due - offer a 10% bonus.Make the seller your partner (known as an Hybrid offer) offer to clean up the building - he gives you the deed and you split the profit in the future.Ask the seller to refinance - you take over the mortgage (subject to) - he gets the cash and you get the building for nothing down.Offer to give him something he wants - a car - a truck - a plan ticket - those items are easy to financing - seller gets a truck and you get the house and the payments on the truck.Offer seller additional collateral - another house you have, or your mothers house - offer a co-signer.Appeal to the seller - I am new help me - I have good credit - I am trying to get started ---- I have a cosigner.
13 February 2018 | 2 replies
However I DO own my mothers house in another county.
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1 April 2016 | 3 replies
I believe the house was free and clear before the homeowner (his mother) died back in December.
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31 March 2016 | 2 replies
I am an RE broker in Indianapolis and I'm currently helping my mother and aunt sell a property they inherited that they want to get rid of ASAP.