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21 August 2018 | 3 replies
This can vary substantially, depending on state/county laws.
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21 August 2018 | 1 reply
When a foreclosing Lender takes a property back at the mtg foreclosure auction, state law dictates the lender gets a set discount on any past hoa debts....the l Nader only has to pay either 1% of the original loan amount or 12months of dues, whichever is less..I assume though that maybe you are talking about hoa dues During the time the bank owned it?
21 August 2018 | 7 replies
Learn your state's landlord tenant laws to know when you have to give a notice of rent increase (at the end of the lease, typically 30 or 60 days notice) so you can get them to market rent for the next lease.
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29 August 2018 | 51 replies
I see no reason why you could not charge them for that if you determine it is not your fault.Some states have laws surrounding how warranties are to be worded and offered.
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21 August 2018 | 2 replies
I am not an expert on all of the securities law issues, but I have seen gifting of interests in syndication deals to a limited partner's children (cannot confirm that they were minors).
24 August 2018 | 12 replies
In that case the beneficiary executes a Substitution of Trustee, removing the original trustee and replacing with a trustee experienced in foreclosure law.
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21 August 2018 | 9 replies
I am not familiar with the laws in Texas nor have I ran into a situation like this but I would imagine you would need to involve a lawyer who specializes in land.Being that the owners do not want to sell the actual property the home sits on, I believe that would legally mean (*I am not a lawyer*) that at any time they could say "Hey I want to use or sell my land, get off it by tomorrow" and they would have the right to do since they own the land.Also, another hairy situation with that would be who pays taxes?
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10 January 2022 | 9 replies
I’ve been interested in long term rental property investing for a while now and have worked out a plan of action that I wanted to get some feedback on.My wife and I would like to buy and rehab a property that has an “extra” guest/mother in law house on the property we could live in for the first year in order to take advantage of the easier funding on a 203(k) loan while renting out the on-site guest house as an STR before potentially transitioning to a longer term rental when we are ready to move out.
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21 August 2018 | 2 replies
In most states working with pre-foreclosures are sophisticated transactions that must follow specific laws and guidelines.
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21 August 2018 | 0 replies
Which company/law firm do you recommend for evictions in South Florida?