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8 October 2014 | 8 replies
The law says that no unlicensed entity can receive 'any' considerations due to the purchase/sale of real estate.That means gift cards, credit points, discounts, cash, etc at closing.Like @Dev Horn says if you pay a flat fee for each lead then that isn't a consideration for closing any transactions and it would be strictly lead generation.If somebody brought me a deal and I closed on it before paying them If I was fearful of paying them for it bc they were unlicensed then I think I would simply give them the option to have money out into a marketing campaign for them to manage.Like buying 1000 direct mail letters with their information on it bc that would be you putting money into marketing vs giving a consideration.
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18 December 2014 | 76 replies
These programs work extremely well at their original intended purpose, but start to fail when political considerations come into play.
16 October 2014 | 4 replies
Are there any special considerations that should be taken into account or standard clauses that I may need to add in the lease agreement to cover myself given that she will be conducting business from the location?
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10 October 2014 | 7 replies
However; having a home built on the lot yourself would alleviate the risk considerably.
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6 October 2014 | 2 replies
Bulk processing of owner draws, etc.
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7 October 2014 | 2 replies
-Added a closet to the Mother-in-Law bedroom-Replaced the water heaterNow, I realize these items won't add tens of thousands of dollars to the value but am thinking of listing the house for $184,900 which is near the higher end of the market for this neighborhood; I think I could list it for $189,900 and still draw interest but I'd like to sell ASAP.
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15 August 2015 | 7 replies
The two appraisers selected shall proceed to promptly determine the fair market value of the Property, taking into consideration its condition, the comparables, and any outstanding indebtedness, liabilities, liens, and obligations relating to the Property.
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9 October 2014 | 19 replies
If I do it this way, 2 long term renters in place with established payment history, amortized over 15 years, the payments would be considerably less thus I would have an income stream of around 600 a month.
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6 December 2014 | 34 replies
If you can build a little friendship with some of the inspectors, it won't get you out of some major offense, but it can't hurt.Plus, the Packers already won the Soldier Field game (which for people around the country, is ironically considerably CLOSER to Milwaukee than Lambeau Field is, but the team that plays there has sucked horribly for decades!
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13 October 2014 | 8 replies
We use a voucher system so that we never get big draws, and limit the risk to the lenders.