Burt L.
Uncle Quit-Claimed House to Nephew, Who Wont Pay the Mortgage
5 January 2016 | 11 replies
This assumes you are correct that title has been transferred by a QCD.
Rami W.
First time as private lender. Request for reconveyance process?
5 March 2016 | 9 replies
When we funded the loan the title company only accepted a wire transfer.
Ryan Gillis
Does this contract look okay (contingencies in particular)?
1 March 2016 | 1 reply
Seller will convey the Property to Buyer at Closing with marketable title in fee simple by transferable and recordable general warranty deed, with release of dower, free and clear of all liens, encumbrances, conditions, easements, and restrictions, except for: (i) those of record which do not interfere with the intended use of the Property as a permitted use under the current zoning for the Property; (ii) those assumed by Buyer; or (iii) those which are open and notorious or which could be determined by a visual inspection or survey of the Property.
J. Martin
Recession Predictor & A Warning Signal!
8 December 2018 | 7 replies
The index uses non-farm payroll employment, the index of industrial production, real personal income excluding transfer payments, and real manufacturing and trade sales - along with some fancy statistical transformations.Let's look at it recession by recession..T-0 is the month of the second consecutive occurrence of the index over 4.0% "D Day"T-1 is the month of the first occurrence.
Burt L.
What to Tell Buyer on Fixing This Badly Cracked Brick Wall w/Pic?
23 March 2016 | 9 replies
Can you send a couple other pictures for perspective from a bit of a distancing.I would call a couple foundation guys out for an opinion, to me it looks like the footer is sinking and needs some piers, we do these frequently, and owner gets a lifetime transferable warranty.
Account Closed
Transactional lender B-C transaction
13 March 2016 | 3 replies
However, if the C Buyer is getting an FHA loan, then you must hold the property for 90 days before you can transfer title.
Michael Hancock
DC Area and Gulf Coast Investor
22 March 2016 | 4 replies
If you think you will go FHA, 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Tony Castellucci
Investor contract template
23 March 2016 | 2 replies
For ease of payment the Borrower may exercise the option to effect payment by direct deposit or electronic transfer of funds into the account of Lender as specified in writing.PrepaymentThe Borrower may prepay this Note in full or in part at any time without premium or penalty.
Matthew Haskins
Lending Money for Transactional Funding
4 April 2016 | 4 replies
You will have to pay real estate transfer taxes though (twice).The inherent risk is the possibility that the deal will fall through between the two closings.
Nick Tiscareno
Question about a Purchase and Sale Contract
11 April 2016 | 10 replies
**Escrow balance has been calculated into the price and will transfer to the Buyer along with title.