9 July 2018 | 12 replies
If the remaining tenant can't do that then let them break the lease pending any early release penalties you have in the lease.
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19 July 2018 | 17 replies
Let her know you will release her from the lease.
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15 July 2018 | 4 replies
If you're attempting to assign a contract (specifically, in Texas), make sure you understand that unless seller specifically releases you from any contractual obligation upon an assignment, you're still on the hook if the assignee fails to perform.
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21 October 2020 | 145 replies
The so-called "cash flow negative spouse" (TM - Scott Trench) can devastate your finances, ruin relationships, and worst of all, turn good real estate deals into total PIGS.It's also 100% FREE.The link above will take you to it - we released this like three years ago and it's been used countless times.
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30 July 2018 | 58 replies
The wording of their release says "Land will be sold in tracts, as groupings and as a whole."
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16 July 2018 | 1 reply
There is the offer, approval, inspection, inspection release, survey (this is a big part of what slows things down--NY does warranty deeds and banks require a recent survey, and there are only so many surveyors, so it can take awhile), title search, title defect curatives, clear to close approval from the bank (and this generally has to go through some committee that meets once a week or less), scheduling close.
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1 August 2018 | 11 replies
You need to immediately offer to release them from their lease to show the courts your were being fair from the beginning.
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28 July 2018 | 12 replies
But you sign an Assignment of Agreement contract with the assignee (tenant/buyer) and the landlord/seller which states that the assignee assumes all rights, privileges and obligations under the lease and option contracts which are attached for reference, and that the landlord/seller accepts the assignee in place of assignor (you) and releases the assignor from all obligations under the attached agreements.It's very important to include that line and have the seller sign the Assignment, otherwise you are still liable to the obligations even though you've assigned the privileges away.You can't have your name removed from the contracts.
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6 November 2018 | 12 replies
It's not about creating more housing...https://www.prnewswire.com/news-releases/no-on-10-...Make sure to VOTE NO as it just creates more beurecracy and red tape and fees for renting and makes doing business almost impossible for landlords and even single family home owners-- \NO ON 10More info on NO ON 10 http://savecostahawkins.org/
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24 July 2018 | 1 reply
The way this should work is you get a loan for 90% of the Purchase Price and 100% of the rehab costs.As the contractor completes a phase and inspection is done for said phase then a draw is released.