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Hello!My husband and I are looking into a purchase of a commercial property where we can assume the current loan. We were provided the current owner’s promissory note. I am reading this differently than what the selle...
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I am immigrant in canada . I was planning to buy a pre construction property in Ontario . But the government of canada ban to buy real estate for non residents for two years to cool down the market . Is there any oth...
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Hello,I am a residential real estate broker/agent interested in buying houses through my IRA. Is it allowed for me to act as the broker/agent for a purchase or sale invested by my IRA? In other words, can my IRA hir...
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I'm looking in to a duplex with a Section 8 tenant on one side. The realtor says that owner is responsible to make repairs needed after the annual inspection. She states "there is a clause that can be in effect that...
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Hi,
We come across the property when visiting a friend's community. the seller's agreement with Realtor ended on May 8th and is preparing to list with another agent. one part of the contract says:
"If the property i...
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I had a contract that was set to close on the 3/28/20, with a time is of the essence clause. COVID-19 his and the world stopped and my buyer refused to close. Because all NYS courts were shut, I couldn't enforce th...
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The New Year can be a time to start anew. My 2014 was not bad, but could have been better. 2014 was a step in the right direction. To all BPers, the time has come to have a plan to put in effect for 2015. The sky ...
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This is concerning the new law signed and in effect as of October 1st 2021.
My question is, now that late fees are capped out at $50 or 5% which ever is higher ($53 in my case), the law states that the tenant ma...
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Hello! I recently purchased a few condos in a complex, and have a situation that I inherited. The person that's responsible for the lease originally added another individual as an 'occupant'. The leasee is in good s...
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I received an email with this catchy title from the featured blogs service of BP, Tired of Ineffective Mailers? It’s Time to Bring Your Marketing Into the 21st Century. Upon reading the post I felt like I had been foo...