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27 October 2013 | 7 replies
It is located in Colorado and my best understanding is that since it was remediated I don't have to disclose it to a buyer.
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17 June 2013 | 10 replies
Tara, what they are telling you is absolutely correct at the closing all parties will need to sign an Arm's Length Affidavit that states among many things is that the property will not be sold or leased back to the seller and that the seller is not receiving any money or any form of compensation from the sale that has not been disclosed to the lender.If you have never seen an affidavit such as this then email me and I will provide you with one.Now if you buy it from the Auction as an REO then you can lease it to whom ever you like.
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18 July 2014 | 12 replies
Hi Konrad Lightner definitely compare the APR as disclosed on the TIL, and the adjusted origination charge as disclosed on the GFE.
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22 January 2015 | 9 replies
The sellers have been really slow answering questions about the issue and have not produced the original notice, claiming through a listing agent email that the notice was verbal.They disclosed that it was an insurance bundling and a tax reconciliation issue because they charged 100% of the real estate taxes to the anchor tenant (overcharged).
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25 January 2015 | 3 replies
In Mo. or in fact any state unless intent to assign was required to be disclosed I would make it a contract issue at all, and in all states if I were the initial buyer, I will have contract responsibilities to the seller, regardless of any assignment unless that seller agrees to release me of liabilities and agrees to contract with the new buyer/assignee.
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18 December 2016 | 28 replies
Also any findings will have to be disclosed to any potential buyers which could stigmatize the property.
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10 October 2014 | 22 replies
did you know there was a leak and not disclose it ?
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25 March 2015 | 28 replies
.), there is no reason to incur the additional expense of a double closing.A lot of folks who use double closing on deals that could be done with an assignment, do so because they don't want to either disclose to the seller they are not the end buyer, or they don't want the end buyer to know what they are making on the deal.I operate completely transparently.
8 October 2015 | 45 replies
What must a Listing Agent disclose about a proposed buyer he showed a property to?
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17 March 2010 | 0 replies
The FHLB is seeking to rescind its purchases of the securities, which were rated AAA “based on the information provided by the securities dealers… the dealers made untrue or misleading statements about the characteristics of the mortgage loans underlying the securities…failed to disclose that appraisals were biased upward on properties that secured mortgage loans, that underwriting guidelines were ignored by originators and that loan to property value ratios were exaggerated.