23 May 2014 | 3 replies
The leading real state books and educators teach the following basic approaches to buy real estate creatively.Some good and some not so good.Later I'll discuss the pros and cons of the best creative financing methods so you can determine which to use for your particular situationLand ContractsOptions, Leases, Options to purchaseAITD's (All inclusive trust deeds or wraps)Seller carry back deeds of trusts/mortgagesTaking subject to the existing financingNot recording the deed, which is dangerous if not properly protectedRecording a memorandum of agreement Trusts:Transfer the property to the sellers trust, get the bank to approve the transfer and then have the beneficiary of the sellers trust changed to the buyer.Just transferring title into the buyers name hoping the lender won't call the loan.Equity shareAny of these will trigger the due on sale clause and as a buyer or seller if you haven't put safeguards in place, you are unprotected against claims against the title from showing up and or the lender calling the loan due.Are you prepared to take the chance that the seller may further encumber the property or resell to someone else?
24 May 2014 | 21 replies
The code enforcement office said he could stop the daily lien if it was taken care of properly but could not do any thing about the balance.
28 May 2014 | 13 replies
I just closed on a duplex using my VA loan through USAA.... the loan officers don't always know which way is up...That being said, I cant see why it would, you are properly zoned, grandfathered in everything is on the up and up.
23 May 2014 | 8 replies
At the tax deed auction, it's open to everyone and the winning bidder has to go through a quiet title process to verify all lien holders were properly notified.
22 May 2014 | 1 reply
Your realtor or lawyer should assist with proper documentation.
24 May 2014 | 10 replies
Sec. 5.061 provides that numerous initial and ongoing requirements must be observed if an executory contract is going to be properly implemented, and the burden (as well as all the risk of violation) is entirely on the seller to meet these.
30 May 2014 | 11 replies
IF it doesn't have their name highlighted in a blue background (like yours is above) it didn't work properly and you should try again.
24 May 2014 | 6 replies
I'm not one of the people in here looking for some get rich quick thing, I'm a hard worker willing to invest my time to build my business properly with a good foundation.
25 May 2014 | 12 replies
The parents of these students are also not on the lease I don't think they were screened properly (credit check, etc).
25 May 2014 | 8 replies
Since the mold spores can spread if not properly handled (a health hazard), you need to have a specialist take care of it.