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Results (10,000+)
Tony Tomasek Official BiggerPockets Discussion of House Bill (HR) 1728
20 June 2009 | 54 replies
But the heinous piece of the legislation is in section 101(3)(e), which defines the affected principals as:'(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan-(i) is fully amortizing;(ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan;(iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and            (iv) meets any other criteria the Federal banking agencies may prescribe; and             Yeah, I know, confusing.
Nick J. Man arrested after stripping his house before foreclosure
11 June 2009 | 19 replies
PG & E had to block a section of the neighborhood off to get it under control.
Tony Severino House Bill 1787 = Death to our Industry?
10 June 2009 | 6 replies
bill=h111-1728Pay Attention to Section 101(3)(e).If you're terrified of this, let me ask you a question… have you read the House Bill?
Cory Bray US BILL TTHAT WILL MAKE IT ILLEGAL TO OWNER FINANCE
22 November 2011 | 2 replies
The offending text of the bill is in section 101(3)(e), which defines who is exempt from being a ‘licensed mortgage originator’:'(E) does not include, with respect to a residential mortgage loan, a person, estate, or trust that provides mortgage financing for the sale of 1 property in any 36-month period, provided that such loan-- (i) is fully amortizing; (ii) is with respect to a sale for which the seller determines in good faith and documents that the buyer has a reasonable ability to repay the loan; (iii) has a fixed rate or an adjustable rate that is adjustable after 5 or more years, subject to reasonable annual and lifetime limitations on interest rate increases; and (iv) meets any other criteria the Federal banking agencies may prescribe.
Jim Wineinger Are things getting better in the Mideast?
28 June 2009 | 25 replies
I'm the conservative who drives a eco-friendly scooter to his shop while he drives his SUV there.
Account Closed Hello from Jersey!
15 June 2009 | 2 replies
[REMOVED] Jeff Friedman [PHONE AND E-MAIL REMOVED] Trish Natoli [PHONE AND E-MAIL REMOVED]
D Moore Good Day to All from D. Moore
18 June 2009 | 5 replies
My e-mail address is down at my signature.Good luck.
Scott M. Tax Implications of 6+ Land Contracts
22 July 2009 | 13 replies
Usry; Cottle; Buono).Intent at the Time of Sale While one of the factors to be considered is the seller’s original intent, the courts consistently place the most weight on the seller’s intent at the time of sale (Jersey Land & Development Corp.; Daugherty).
Joshua Holiday advice for starting developer
12 April 2018 | 34 replies
They give substantial weight when applying for the bridge financing to complete the deal.LIHTC's aren't the only tax credit's available- Although not advertised or announced to the public, most every municipality has an allotment of tax credits to distribute for many different reasons.
Casey Spivey Free Business Logo Design
13 July 2009 | 2 replies
He's got a great portfolio PM me if you want his e-mail address.