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Good afternoon, I applied for loans at a lending institution about 1 year ago. They were unable to sell the loans due to an underwriter overlooking certain aspects of the loan. That underwriter was fired after they pr...
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Most jurisdictions require STRs to have fire extinguishers installed/provided. I just had an inspection and the fire inspector noted that my extinguishers were all part of a recall from Kidde. I doubt I am the only on...
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I'm looking to buy my first couple of residential properties. I have zero issue getting financing on them. I have zero debt and strong cash flow. My question is about banks calling notes. If I were to lose a si...
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I have a property (Multi Family) on contract pending inspection in the south side of Seattle. The electrical panel is recalled federal pacific and is deemed dangerous. Any rough idea how much does it take roughly to r...
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Any rehab specialists out there ever have to deal with a recalled sprinkler system - what to watch out for, etc. when getting your estimates?
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What are the questions I should be asking the lenders. I’ve herd of people getting their loans recalled back at a moments notice.I’m just very cautious. I am going too the closing table next week.
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This has the best pictorial (for a quick visual assessment) of the model being recalled. We have installed/hardwired 'A LOT of them in our properties, but fortunately we are OK.http://wnep.com/2018/03/21/smoke-alarm-r...
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I bought two commercial properties in 2017. Both of them have 10 year loans that are fixed for first five years and adjustable rate for the last 5 years. Both these loans are amortized over 25 years and I have decen...
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So I was talking to an attorney that specializes in RE about LLC and Quit claim deed transfers. He was telling me that the chances of a lender recalling a loan are very, very low from his personal experience.Post abou...
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Hi BP,
Just a heads up, Kidde is recalling more than 200,000 smoke alarms. I know I have purchased a bunch of Kidde alarms myself. Check out your units and replace these if you're affected. You definitely want your s...