
15 May 2007 | 3 replies
About a 100 photos of a normal home protects my clients against the sellers saying it was that way and my buyers have had to show the pictures already.

21 May 2007 | 3 replies
I am well versed in land trust type transactions and not sure what you mean by how lenders look at the sellers in this deal.First off if you look at the Garn St Germain Act of 1982 under section 8a you will find a lender can not call a loan due by way of a seller vesting his title into an inter-vivos trust as long as the settlor remains a beneficiary and there is not tranfer of occupany or leasehold interest so that did not change and been the same.I personally love using trusts due to the protection it provides all parties as beneficiaries in the trust.

24 May 2007 | 11 replies
DealFlies,Care to expand on the effect of the Home Equity Protection Act in NY on short sales?

22 May 2007 | 3 replies
This protects your FICO score which in turn protects your rate.

5 June 2007 | 2 replies
I thought that was an inflated percentage to help protect the new investor from disaster.

20 June 2007 | 1 reply
I will say I learned several things through the process:Assignment of contracts and simultaneous closings, two ways to tie up a property and sell or assign to an investor, without my own money, protecting my interest and not getting circumvented.There are hard money lenders out there willing to work with you at not so unreasonable rates.You have got to move quick on getting your offers written up and submitted with all the other documents you need.

5 June 2007 | 20 replies
, lawsuits, general legal fees, asset protection (business entity structuring), insurance, large capital outlays (e.g. new roof), etc.

2 June 2007 | 6 replies
One of the reasons people have separate companies in the first place is to (a) protect assets, as lawsuits could only be targeted at the assets of the company named in the suit, and (b) privacy.
21 June 2007 | 4 replies
The other redeption periods are still in effect, and purchasing one of those leins can be a way to acquire the property after the sale but before it becomes a REO.The new law, the "Colorado Foreclosure Protection Act" defines both preforeclosure consultants and equity purchasers.

13 June 2007 | 2 replies
That is not one of the Protected Classes.