Housing Wire
JULY 20, 2022
Accessory dwelling units are increasingly legal. How to minimize tenant turnover using online property management tools. Here’s a look at why tenant turnover happens and how to prevent it in the future. ADUs were legalized statewide in 2017. Oregon and Connecticut have followed suit in legalizing ADUs.
Housing Wire
APRIL 4, 2024
Meanwhile, community-focused trade groups and associations, although feeling that the new rules miss some relevant aspects of fair lending, criticized the judge’s decision. Kevin Stein, chief of legal and strategy at Rise Economy, said during the same session that the new CRA rules ignore some relevant topics.
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Movoto
APRIL 30, 2024
Credit scores need to meet a minimum threshold for most lending scenarios, and better scores translate to more favorable mortgage terms. However, if you’re unable to obtain financing by the end of the lease, you’ll lose the accumulated rent credit and could potentially face legal repercussions from the seller.
The Robert Weiler Company
JANUARY 2, 2021
The contract is essentially a seller-financed lending agreement for the purchase of a property, which requires the buyer to pay monthly installments until a balloon payment is due. Otherwise, you risk defaulting on your loan and losing your car to the bank or lending institution that financed the vehicle. Deed remains with the seller.
Cleveland Appraisal Blog
AUGUST 25, 2022
Keep in mind that investment homebuyers will be required to put down a minimum of 15% to secure financing, according to Lending Tree. When you run a business, and owning rental property is a business , you’re almost always better off forming a legal business structure. Another crucial step is to figure out how much you can afford.
Simonson Real Estate
DECEMBER 6, 2022
Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.
Simonson Real Estate
JULY 10, 2020
The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc.
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