7 October 2021 | 13 replies
I've been told that due to "Force Majuere".Force majeure is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, epidemic or sudden legal changes prevents one or both parties from fulfilling their obligations under the contract.
7 October 2021 | 6 replies
If you are wholesaling it, you aren't getting a house hacker because they are not paying cash and no wholesale seller wants to wait on a third-party mortgage on the back of your paper deal.
2 October 2021 | 5 replies
And your desire to stay conservative with free cash anticipating a market down turn isn't wrong.
6 October 2021 | 6 replies
I am more conservative and am willing to grow slower than others because I love my job.
8 October 2021 | 5 replies
One party wants a tax credit and the other can provide a deal that offers tax credits, so they structure a syndication to meet that need so that one party receives tax credit benefits and the other is compensated for them.
3 October 2021 | 10 replies
as there are only two parties involved, im a bit confused, couod you please elaborate a bit?
3 October 2021 | 16 replies
Bennie As far as refinancing etc. a lot of the requirements for many lenders are to have a third party appraisal service handling the appraisals.
3 October 2021 | 2 replies
We were preparing to send over earnest money and option fee when we were told the sellers were having an issue on their end and may be breaking the contract (it had been 24 hours since all parties signed).
11 October 2021 | 4 replies
Especially in this market but hey nothing is impossible...............For these reasons and many others the general consensus is that trying to wholesale on market properties is essentially a waste of time for all parties involved.
2 October 2021 | 0 replies
I am about to close on the sale of my rental property, which I own with another party (50/50 ownership).