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16 August 2021 | 6 replies
They will have a coroner remove the body.Get the bio cleanup done ASAP, just document everything so you can charge it back to estate if possible.Contact Section 8 to inform them of the death, otherwise they will continue to send you payments and THEN pursue you for recovery (possibly with penalties & interest) when they figure out the date of death.Section 8 has nothing to do with the deceased's estate.
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13 August 2021 | 1 reply
The tenants signed a lease so they are obligated to fulfill the terms.Your lease may include additional penalties, but at a minimum the tenants are responsible for rent, utilities, and other responsibilities until a new tenant takes over.
19 August 2021 | 3 replies
I didn’t sign it, the majority partner did, and when I talked to the banker yesterday, she was going back to underwriting to check if we can reduce from the offered $2.9M without penalty.
21 August 2021 | 5 replies
The main difference is if the previous owner redeems, they would only get the original purchase price+ penalty, not their purchase price....but that might allow you to sell 1 year after filing the deed....That $10,000 is now worth $15,000 if the previous owner redeems....so at least they break even.However on the challenge if the previous owner wins, then county just pays you back the purchase price and no penalty, so there is the risk of no profit...and maybe expenses.
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23 January 2021 | 5 replies
I generally recommend at least 500,000 USD in capital if a non-resident alien wishes to invest in the US.And if you think about DIYing these obligations, you should be aware that the penalties for even non-negligent non-compliance are egregious.
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19 January 2021 | 3 replies
If an investigation pursuant to this section reveals that an unlicensed person hasassumed to act in the capacity of a real estate broker or real estate salesperson, thecommission shall issue a cease and desist order, and shall impose a civil penalty of up to thegreater of ten thousand dollars or ten percent of the real estate sale price.PS - this took me 30 seconds with a Google search.PPS - this is nearly identical to most, if not all, other states.
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30 December 2020 | 36 replies
If they are late, I may be firm on posting notice and try to let them go without any penalty or even offering cash.
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29 December 2020 | 3 replies
I have two properties now but have the ability to take out my Roth IRA penalty free due to the CARES act so I’m hoping to purchase another property if I do that.
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31 December 2020 | 9 replies
For the info I have been able to get, it looks you can’t sell the house on the first 5 years or you have a payment penalty.1st year - $250002nd year - $200003rd year - $150004th year - $100005th year - $5000It also seems that you have to live in the property for as long as you are still have a NACA mortgage.
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8 March 2021 | 12 replies
Plus, you can include in your claim any late penalties on the property taxes.And, you need to check the title records to see what has been filed against the property since you purchased it.