26 December 2013 | 5 replies
Usually appraisers have a rule where any comp can't be more than 20% bigger or smaller than the subject property.Also, age can make a difference in regards to the surrounding neighborhood.For example, in Grant Park, a Victorian neighborhood in Atlanta, there are a few brick houses, that were built on infill lots in the 50's or 60's.
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23 December 2013 | 9 replies
An agent that knows the neighborhood should be able to tell you approximate values on the spot.
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13 January 2015 | 23 replies
I'm rooted into the neighborhood and the neighbors love that I've rehabbed an eyesore of a property, which was bringing down their trendy street of SFH.
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24 December 2013 | 19 replies
Duplex in Englewood (May St) neighborhood looks to be in great condition built early 1900s.2.
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29 December 2013 | 11 replies
I might disagree with Cleveland's placement, and heres why;Cleveland is going to be one of the largest Big Data centersTon of tech jobs hereBillions of dollars for new projectsMedical MartCasinos and more high net worth hotels etc being createdRevitalization of small neighborhoods like Tremont and Ohio City.The only thing risky here is the sports teams ;-)
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26 December 2013 | 15 replies
Now I can find lots of vacant off market homes and on the internet, which cuts down my time having to search neighborhoods on my own.
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5 January 2014 | 4 replies
I focus on getting the most bang for my dollar in neighborhoods that are likely to appreciate in value.
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26 December 2013 | 7 replies
It is in a desirable neighborhood and walking distance to dining and shopping.
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27 December 2013 | 4 replies
He works with MH dealers.There is an attorney that feels he has a corporate structure that is involved in with other entities to facilitate seller financing, I'm not sure it will really fly as setting up convoluted business structures that do not carry on another business purpose other than to do seller financed transactions as the law, again, includes any method devised to circumvent the intent of the law.As to doing a transaction that is not covered, you may be able to pass a long term interest to a property through a Series LLC (Mo doesn't have this) or something like a HOA where people buy into an organization rather than taking specific title.
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7 January 2014 | 8 replies
A new supplement to the HAFA guidelines "amends this restriction to allow servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower, so long as all other HAFA program requirements are met."