6 July 2018 | 15 replies
Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule: The program has a maximum 4 draw process.The initial draw can be up to 25% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information: Signed Draw Request by borrower and contractorSigned All Bills Paid Affidavit review and approve the draw request and will release funds for disbursementA check will be issued in the name of the borrower and contractor and delivered to borrower via USPSAn inspection of work to date will be performed at 50% completeChange Orders and Cost Overruns: Changes to the initial plan are not permitted unless prior approval.
26 June 2018 | 2 replies
My father had asbestos siding on his house and it was never an issue.
13 December 2019 | 8 replies
If I ask them to do it at closing, then I’m back to the same issue where it appears on the closing statement.
22 June 2018 | 0 replies
My concern is that the report that the government did was over-the-top; all of the lead-painted surfaces in the house have been covered with latex paint and are not chipping, but the report still makes an issue of them.
22 June 2018 | 3 replies
My issue is that the apartments are in a small town of only about 3,500 people.
23 June 2018 | 8 replies
Airbnb is basicly operating a hotel out of your property and will come with additional issues for you.
22 June 2018 | 3 replies
he said he has 25,000 Into buying the home in 2008 and has made his money back multiple times over since 2008 as a rental but is tired of renters and fixing issues every 6 months or 3 months or year you know the story....so his offer to me was here you take the house I will even throw in 20,000.00 as repairs and updates are needed you ( being me ) do the work and when you are done we have it kisted...he then said he only wants his investment 45,000.00 back at the sale and anything over 45,000.00 is MINE?
24 June 2018 | 9 replies
They mentioned carpet “issues”, which I’m assuming is the high traffic areas.
25 June 2018 | 6 replies
Then, I would create a state-specific lease with addendums that cover major issues such as maintenance, pest control, pets, rent payments and so on.
26 March 2019 | 7 replies
Hello folks,I'm looking for a reliable handy man or HVAC tech to troubleshoot a drainage issue that is coming from HVAC condensation.