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21 October 2007 | 5 replies
It contains a "due on sale" clause that says it must be paid off when ownership in the property is transfered.That said, people to "subject to" deals all the time where a property is sold subject to the existing loan.
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15 November 2007 | 12 replies
That contains my cell phone number (my business number).
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15 February 2014 | 47 replies
You'll find it contained in the seller financing issues which are about 2/3s of the way through the Act.
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10 February 2013 | 7 replies
Another way is to use a set ltv to each property as if the note contained several notes, an assigned value to each property, best for you and simple.
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6 May 2014 | 25 replies
Germain Federal Depositary Institutions Act (12 U.S.C. 1701-j), specifically Section d8 that provides an exemption for real property loans secured by a lien on residential real property containing less than five dwelling units : "a transfer into an inter vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property" Here is more on this subject as it relates to Texas http://www.lonestarlandlaw.com/Due-on-Sale.html.
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15 May 2014 | 3 replies
What exactly does it mean if you buy the right contained in a Sheriff's Deed?
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17 February 2015 | 26 replies
does your leave contain a clause waiving the notice period for nonpayment?
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26 July 2016 | 5 replies
These clauses are contained, in all Promissory Notes nowadays.
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29 July 2016 | 15 replies
The language while somewhat common is not uniform so details do matter.The brief recital above is out of context to the rest of the text but does not resemble a conveying clause which would typically contain words such as "convery, grant, sell, warrant...etc".
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18 October 2022 | 12 replies
Then i purchased a shipping container and converted it into a home.