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23 March 2018 | 16 replies
Lots of prospects will call, ask about property, I pre-screen over the phone, and they either hang up on me or not show up for showing, or if they show up and after I give them application and they never come back with it....
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24 March 2018 | 21 replies
If your employer offers a contribution match, take advantage of that but only to the match limit.
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2 April 2018 | 37 replies
Account Closed mortgages are usually created by mortgage brokers (especially due to new limitations set forth in the Dodd Frank act from what I understand) and mortgages are amortized over a certain period of time.
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19 March 2018 | 2 replies
@Kole Kingslien Guidelines for land contract:- Payoff of Installment Land Contract Requirements When the proceeds of a mortgage loan are used to pay off the outstanding balance on aninstallment land contract (also known as contract or bond for deed) that was executed within the12 months preceding the date of the loan application, Fannie Mae will consider the mortgageloan to be a purchase money mortgage loan.The LTV ratio for the mortgage loan must be determined by dividing the new loan amount by thelesser of the total acquisition cost (defined as the purchase price indicated in the land contract,plus any costs the purchaser incurs for rehabilitation, renovation, or energy conservationimprovements) or the appraised value of the property at the time the new mortgage loan isclosed.
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20 March 2018 | 22 replies
(Attorney specializing in predatory lending said that statute of limitations has expired since 2006) Thank you!
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31 March 2018 | 2 replies
That apparently includes hiring — he provided his 10100 email address and asked any interested job applicants to shoot him a resume.https://therealdeal.com/la/2018/03/21/uber-founder-travis-kalanick-is-now-ceo-of-a-real-estate-company/
23 March 2018 | 13 replies
We received an application for our ADU rental from an extremely well qualified applicant.
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23 March 2018 | 19 replies
@Karen Higgins Short answer: If you OR your husband are not a 'real estate professional' then unfortunately there is a limit to how much of the passive losses created by depreciation (accelerated or not) can be used to offset your 'active' income.
22 March 2018 | 2 replies
My current hurdle (and I'm imagining this to become more prevalent with the federal limit on property tax write offs) is that our exposure with the LLC. having a free and clear asset is large and homeowners insurance is denying us when I ask for a LLC.
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22 March 2018 | 4 replies
Most people think to ask about interest rate and points but may not ask about fees like underwriting, processing, application, commitment, credit report, attorney, inspection, construction draw costs, etc. 3.