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23 February 2007 | 4 replies
Additionally, if you represent a buyer or seller in a real estate transaction, and will also be compensated for obtaining the loan for the buyer, Commissioner’s Regulation 2904 requires you to disclose, to all parties in the transaction, the form, amount, and source of the compensation received or expected for the loan.http://www.dre.ca.gov/faqs_mlb.htmIt doesn't give any info about how to get into the game, but it's something.
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5 December 2011 | 9 replies
A full price cash offer received 2 days later (by a friend of mine as it so happens) was accepted by the realtor as highest and best, by that time though I had directly gotten the AM to accept my offer in writing so the cash offer was later rejected by the AM.The same bank sold at a trustee sale to another client of mine the same exact house in better condition next door for 72k which we resold for 116k (cash 3 day close).
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15 November 2007 | 59 replies
hey Joshua Dorkin,I'm not a computer person like yourself, I was asked by Graham to Join this discussion because my family received a low interest loan and he wanted a person who has actually done it to speak up.I have been in Asia for 12 years supporting orphans, and outreach groups, and volunteer every weekend I'm in Japan helpin Japaneses couples with their big wedding day.
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21 February 2007 | 7 replies
That's because you want to have enough profit margin to make the deal and risk worthwhile, as well as have enough equity for quick exit strategies, such as selling the property for 85% of its value to move it quick in an emergency.Your payments will largely depend upon the price you pay, your credit and the interest rate you're able to receive, the taxes for that specific area and how much your insurance costs.
5 March 2007 | 26 replies
No, I think the cost for all listings is included in their annual dues to their local association.
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10 May 2008 | 21 replies
Now in reference to Texas' real estate licensing laws, here's the text directly from the Texas Real Estate Licensing Act for what a broker is:"a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following . . . . . .
27 February 2007 | 0 replies
We are paying 20% annual interest.We are very experienced contractors and an MBA and credit scores are in upper 700's.
28 February 2007 | 0 replies
We are paying 20% annual interest.
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18 April 2007 | 3 replies
That means that from the first year to the 30th year, you are annually adding 2.34% compounded to your investment.
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3 March 2007 | 5 replies
Please correct me if this is wrong:From the net operating income I can deduct...annual depreciation (cost of property divided by 27.5 years) +total annual mortgage payment +total annual insurance payment =after tax cash flowDid I miss something that I can deduct... or did I add something that I cannot?