Gross collection of personal income tax was up by 18.5 per cent and stood at Rs 1.7 lakh crore, against Rs 1.4 lakh crore during the same period in the last year,” it said.Collection of securities transaction tax stood at Rs 3,427 crore this shows that there is an increase of 4.04 per cent.

You won't need an allonge, an additional paper added to the original note if there is sufficient space on the note for the endorsement, after a note gets passed through several hands, that space, if there was any, just runs out and then you would attach an allonge for endorsement.Unless you have the maker(s) execute any other terms that may be added by allonge, as many brokers like to get wordy and write things, it will have no real effect.Notes are negotiable paper just a check or draft and are governed under the UCC requiring an endorsement, "pay to the order of" and thereafter you should annotate "with/without recourse" as the assignment and endorsement are made with recourse or without to the new holder. .The sale of a note must have an accounting of the transaction, describing the note and the amount received/paid along with other costs or expenses, if any.An assignment of mortgage or assignment of note and deed of trust is made, it simply describes the original note (not the balance) when it was made and contains the legal description of the collateral, this is filed in the property records for that property.

I can't speak from experience, but a couple of advantages that are quite easy to pinpoint are access to the MLS, and the ability to earn commissions on transactions (or save them).

$2400/$20,000 cash invested is a 12% cash on cash return annually- which may be acceptable, but it ignores the appreciation.If you sell the house at the end of year 1 (ignore transaction costs just for illustration) for $102K - up just 2%, that's $2000 of additional capital gains which boosts your total IRR by 10% up to 22% ($4400/20000 invested).

Hi Steven,You can go after value add but most of those properties transacted in 2009,2010 and many sellers are selling off for yield plays cashing in the forced appreciation.

I've always been under the impression that in wholesale transactions the buyer takes care of all of the closing costs; that one Of the perks of going through a wholesaler are The seller not having to worry about closing costs.

At a minimum, creditors generally must consider eight underwriting factors: (1) current or reasonably expected income or assets; (2) current employment status; (3) the monthly payment on the covered transaction; (4) the monthly payment on any simultaneous loan; (5) the monthly payment for mortgage-related obligations; (6) current debt obligations, alimony, and child support; (7) the monthly debt-to-income ratio or residual income; and (8) credit history.

You can do that, it will cost you more, much more probably, the abstract of title is the history of the property, that could be hundreds of pages, what you really require is a title search, running the history of title from that and perhaps the prior owner forward to ensure there are no issues from the last transaction that was insured.

It's too critical in these matters to DIY.As Adam mentioned, initial consultations are often available at no charge, thereafter consider these expenses as the cost of doing business and spreading the cost in all the business you do, spending $50 in order to do a transaction properly is not a huge cost.I'd think that your investors would want things done properly.

. _________________ will receive $_____________ of option monies paid to Seller as a fee for arranging this transaction.