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23 January 2008 | 5 replies
Then follow through, firmly but fairly with ALL tenants.You will have to judge your credit requirements partly on your current market if it is REALLY bad, but typically I require 3X rent for gross household income; some sign of stable, verifiable employment (or significant savings); no recent, or more than 3 MINOR credit derogs.
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9 January 2008 | 1 reply
I it is owner or non owner do come into play on these questions… To answer these questions 100% accurately, there are numerous questions that come into play… This is advanced foreclosure law class stuff and these are fairly complex foreclosure law questions.
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14 January 2008 | 6 replies
An "exclusive right to sell listing" means the seller is obligated to pay a commission regardless of whether or not the buyer is represented.So, an exclusive agency allows you to bypass the agent, but an exclusive right to sell means the agent is going to be involved no matter what.That said, since this agent is the one who gave you the lead, would it be fair and honest to try and cut them out?
5 May 2008 | 4 replies
Remember through the Fair Issac rule you have a 30 day window to allow Mortgage companies to pull your credit.
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16 January 2008 | 9 replies
I'm pretty sure it's fairly cheap and quick to do it the LEGAL way.all cash
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25 January 2008 | 20 replies
I believe my property mgr is collecting late fees but not sure since he seems to think he doesn't have to communicate with me about what's going on down there.
10 July 2008 | 28 replies
The Wall Street losses are a trailing indicator.A fair amount of the losses are not even directly connected to the home mortgagees as some are trading positions that people got wrong.
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24 January 2008 | 13 replies
Asking: $30,900 (assessed for 38K)Taxes: $1,799Currently rent: $750The 2% rule works: 2% of 30,900 = $618However: at 6.5% my payments would break down as follows:P&I: $195Taxes & Insurance: $233 (I estimated 1K for insurance, is this fairly accurate)?
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21 January 2008 | 48 replies
If 20 people each made them 5 times a week, that would become fair market price and they wouldn't be deals any more.Yes, I have bought houses with $100,000 instant equity.
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19 January 2008 | 1 reply
I don’t like meeting people to get quotes… It is too time consuming, So I like to be able to figure it out fairly simply…