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1 June 2023 | 22 replies
Insufficent rentals via Airbnb so signed up with VRBO, no rentals at all that way; signed up with booking.com (warning!
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30 January 2019 | 94 replies
The unscrupulous investor will:Have the homeowner sign a Quit Claim Deed in which the homeowner signs over their ownership in the property.Fail to explain to the homeowner that they, the homeowner, are still responsible for the mortgage.Fail to warn the homeowner that they could be violating their “due on sale clause” with their lender.The homeowner is usually elderly or part of an at-risk population (English isn’t their first language, disability of some kind, etc.).The Division advises the following when it comes to these types of rescue transactions:Don’t sign any documents or a deed to anyone until you have had a chance to talk with your lender and an attorney about your mortgage obligations and your legal rights.Colorado has a Foreclosure Protection Act that affords you certain rights when you are financially distressed.It’s best to take proactive steps when you first start having financial problems, and here are some resources that you can contact:
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21 July 2020 | 0 replies
The subjective (art) signs like written communication, friendliness, warning signs, and the objective (science) of quantifying income, credit, and rental history.RE agents are the one helper that I'll never ***** about having to pay for.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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7 November 2017 | 10 replies
@April Chim, I'm glad you asked this question, as it is a question I also had when getting started (I'm still a rookie, so bear with me lol).There are many possibles ways to approach real estate with little to no money, but be warned, they will most likely require more time, effort, and creativity, than traditional methods.
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3 April 2014 | 4 replies
There may be other options besides ignoring this or writing to restate the position and warn him off from further threatening language.
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5 July 2015 | 50 replies
Like any relationship, watch the warning signs.
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17 August 2011 | 27 replies
I've never been to an auction, but the bidding war mentality you describe is exactly the behavior which is warned against in a book I read about foreclosures a couple of years ago.
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25 August 2013 | 13 replies
Now the head manager sends me a stern email saying "their services may not be the best fit for me".
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23 April 2013 | 4 replies
Assume it's a fact.Their response will confirm whether they did actually move in illegal tenants.Look her straight in the eye, be stern but neutral-"I don't have a problem with you having your friends stay over, despite what the lease says, but they need to be extra quiet and mindful of the neighbors.
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6 February 2013 | 5 replies
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