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3 September 2020 | 9 replies
At the bottom line, each party gets a number (seller = proceeds and buyer = money he needs to bring in).However, if it is a condo, you need to have something in the PSA asking for a copy of the HOA payment coupon, along with any leases, insurance declaration, recent utility bills, yadda-yadda.If buyer just accepted that HOAs are $x/month without any documentation, I don't see where an estoppel (usually between landlord and tenant) would help - HOA dues are something he/his broker should've gotten a copy of as an operating expense.Now if the seller lied and there is written evidence, he'd have a better case.
3 September 2020 | 0 replies
It states they had it with conditions, but again the ownership changed and I do not believe new ownership even has a copy of our old lease.
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7 September 2020 | 2 replies
I've been cruising the forums for a couple months, reading everyone's experiences and wonderful advice that's always freely given.
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27 December 2020 | 6 replies
Reach out to me and I'll be happy to send you a copy!
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1 June 2021 | 2 replies
They have pdf copies of the same legal notices you would find in the paper.
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8 September 2020 | 3 replies
At this point he started to email me and copy random people from various city, state, and county governments.
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9 September 2020 | 50 replies
I might ask them to send a copy of the the contract or something to prove they are actually purchasing a new home.
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15 September 2020 | 11 replies
As the owner I receive a copy of the water sewer garbage bill.
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7 September 2020 | 3 replies
Assuming you're buying it as a turnkey investment property to hold for awhile...Pros: Instant cash-flowEliminates immediate expense of finding a new tenantCons (w/ ways to overcome):May have lots of deferred maintenance (be sure to get copies of invoices for big repairs already completed and a list of any open maintenance requests)May be below market rent rate (check the current lease and see when/if you can bump the rents up and put that in your calculationsA lot of my clients like the turnkey route.
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9 September 2020 | 1 reply
When would I do that, and would I need a copy of the current tenant's lease?