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13 April 2020 | 15 replies
There are annual inspections and if tenants damage your property and cause you to fail the inspection, they will immediately stop your rent payments until YOU fix them to a satisfactory level.
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10 May 2020 | 9 replies
I wanted a home in 78704 zip code but stopped searching there as its one of the hottest areas in Austin.
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20 November 2020 | 2 replies
And there are 4 PG&E meters - 1 for each unit plus 1 for the common areas.Alameda County assessor website lists the 'use code' for the property as 2600 which is "3 units, lesser quality than 2300 or unknown legal"I had stopped by city hall right before the shutdown and after a quick initial search, they mentioned the property is listed as a duplex in their records.
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12 April 2020 | 8 replies
The value to the buyer can add up to a very sizeable amount of money; typically pays the up-front lender fee to lower the interest rate, which results in accumulating paid interest savings for the buyer as long as the buyer owns the property, or for the life of the loan; may add up to many tens of thousands of dollars; make sure you check the fine print of the lender's loan lock provisions; be sure your seller's money is truly paying down the loan rate as opposed to paying other lender charges to the buyer. 3.Seller-Funded Temporary BuydownsBuydowns can also be structured to adjust the buyer-paid interest rate for a limited number of years; can cover the first two, three or four years or more of the buyer's loan; allows your seller to reduce the buyer's ongoing loan cost (monthly payment) considerably.4.Owner FinancingA willing seller may be able to keep their selling price intact by offering financing to a buyer; for a seller who needs to sell as soon as possible for the best possible price; expands the potential market for buyers to those who might not qualify with a lender for any number of reasons relating to their credit, verifiable income, or other issues; seller creates an 'investment" that can produce an annuity with a very good rate of return for many years; seller needs to become very well educated on how to qualify a potential buyer (how to get credit, income, debt ratio, and other accurate personal historical data on the buyer-and how to verify that data); seller needs legal advice to review contract documents, as well as title and escrow services to conduct a title search and closing; buyers attracted to seller financing may have income sources including part- time work, bonus income, royalty income, dividend and interest income from investments, or they may be newly self employed; seller who finances needs to get a substantial down payment and ensure that the property is adequately insured by the buyer and that initial property taxes are pre-paid and a tax payment plan is established; if the buyer stops paying, the seller will have to proceed like a bank or other lender and foreclose on the buyer. 5.Contract for DeedA contract for deed agreement to purchase is similar to a seller-financed purchase.
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19 April 2020 | 19 replies
The realtor I was talking stopped responding out of nowhere haha.
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19 July 2020 | 13 replies
Some people I had in the past, would have stopped paying in April and then they would have taken advantage of this bill and not paid for May, June, and definitely not July.
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11 April 2020 | 4 replies
But, then again I guess I don't have to.If you really need a permit pulled, there is nothing stopping you with closing on a property with an open construction permit.
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11 April 2020 | 10 replies
And if I made contact I usually stop mailing because I have their Personal number
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11 April 2020 | 2 replies
Both are free and clear.My rental property brings in $60K gross every year through AirBnB.I have perfect credit, very little debt, but due to COVID, lenders have stopped Non QM lending.
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13 April 2020 | 7 replies
My main concern is if insurances stop covering properties that do short-term rentals.