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30 January 2023 | 7 replies
Land contracts typically work in a unique fashion where a balloon payment, or lump sum, comes at the end of the repayment period after the repayment plan is negotiated between the two parties.Assumable mortgage: An assumable mortgage is a type of home financing in which buyers are given the opportunity to purchase a home by assuming responsibility for and taking over the seller’s current mortgage (especially if it’s charged at a lower interest rate).Lease purchase: Also known as a rent-to-own contract, a lease purchase agreement speaks to a form of agreement under which renters pay sellers an option fee at an agreed-upon purchase price that gives the renter the exclusive lease option to purchase the property at a later date.Land loans: A land loan is used to facilitate and finance the purchase of a plot of land for later use for residential or business purposes.Holding mortgage: Under a holding mortgage agreement, a homeowner agrees to serve as a lender for the home buyer, and provides a loan for the purchase, which the buyer repays by making monthly payments to the seller.
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29 December 2022 | 10 replies
They work exclusively in Cape Coral.www.prestigevrhomes.com239-560-6292
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31 August 2021 | 10 replies
I believe a co-op purchaser can be issued a Leasehold Title policy for their interest in the exclusive right to use unit.
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28 September 2021 | 14 replies
I personally have not done it but have a former colleague of mine who did this exclusively in Brooklyn, NY.
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13 May 2021 | 3 replies
A lot of people get this wrong, or at least look at this trough rose colored glasses.Take your market, start at the top with A and devide it in 4 segments.In Milwaukee an A class newer single family 500-700k (because we are generously exclusing the luxury segement).
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25 March 2017 | 36 replies
It's not that difficult to find, I know I focused almost exclusively on credit unions, so look there first.
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23 May 2023 | 6 replies
The primary residence exemption is referred to as Section 121 exclusion.
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25 January 2020 | 5 replies
Shaun, IRS law allows $250K for a single person & $500K exclusion for a married couple on your primary home and you can do this every two years.
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21 February 2015 | 20 replies
I work exclusively on the Big Island.
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9 March 2015 | 7 replies
The insurance agent mentioned that this covers the situation where the tenant invites a guest over who gets hurt, but there are tons of exclusions here.