sold a house in 2010 before Dodd Frank was law. The loan has a balloon on it due very soon. Buyer is unable to refinance out. Ideas anyone? Can the loan be modified ? thanks
I have always thought it was at the capital gains rate, but someone today told me that the gain on the sale of a primary residences is taxed at the ordinary income rate. Can someone clear this up for me? Thank yo...
So I bought a junior lien and got the payoff and reinstatement amounts. I can't figure out what the principle balance will be if I choose to just reinstate the loan. Here are the major numbers I'm working with. Unpai...
I'm reviewing a KCCAR - Kansas Purchase & Sales agreement and when reviewing for assignability, it has the clause:
15. ENTIRE AGREEMENT AND MANNER OF MODIFICATIONS. This Contract and all attachmentsconstitute th...
I am planning to buy a Fairfax county trustee auction and trying to understand few things before i go and buy. Upon title search on this property i found 3 things and wanted to understand how risk is this buy and what...
I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
2 part question (Single family house)
1. Tenant wants a ring flood light installed which means removing existing flood/security light. Do you get your electrician/handyman involved to come and install and bill back...
I'd like to reduce the number of forums I've subscribed to...can anyone recommend how to go about it?
Greetings;I cannot find any legal language or guidance on changing the rental terms for a M-M rental agreement in WI (milw). My Nolo Landlord's law book says there is no state statute , but some doc I downloaded from...