All Forum Posts by: Russell Brazil

Because roughly 50% of the states require by law a signed agency agreement to even open a door. About 50% do not, and Colorado is one of the states that does not require it. 

Why do you want to transfer the property into an LLC? If it is to create liability protection, then you'll also need to get a new commercial insurance policy and refinance the mortgage with the LLC being the new borrower...and doing that will lose your interest rate.

If the mortgage is in your personal name, and the LLC owns the property, then that LLC is easily piercable and provides no liability protection.

I own both a full service sales team, and I own a flat fee MLS listing service (in a different market). 89% of our customers from the flat fee company dont end up selling their property and end up listing with a traditional agent. 73% of those customers we refer ourselves to a full service agent.

First the ADA has zero to do with residential real estate. The applicable law you are probably thinking of is the Fair Housing Amendments Act of 1988.  That allows a disabled person to make certain modifications to the house at their expense to accommodate their disability.  Examples of this would be installing a wheelchair ramp, making a door wider for a wheelchair.

Changing locks, Im failing to see how that would accommodate a disability, but perhaps if someone was paralyzed, and the locks worked off bluetooth, then maybe I could see that. 

Mostly accurate, except for the training part. Theres no requirement that there be training. Some service animals are trained for specific tasks, but not all of them. 

The most important thing to remember in the DMV is there are three different states, and many counties that have differing regulations. Just as a quick example the Virginia side of the border generally allows only 4 unrelated people to live together, Maryland 5 people, and DC 6 people. So that can swing a house hacking strategy when DC you can get 50% more people into a house than Virginia. 

Quote from @Remington Lyman:

Quote from @Jay Hinrichs:

Quote from @Remington Lyman:

Quote from @James Wise:

Quote from @James Wise:

Update:

Motil pleaded guilty to multiple felonies last year.

Since then there have been several sentencing hearing extension. Looks like Matt Motil's prison sentencing will be happening any day now. HIs last sentencing extension is up.

@Matthew Albert Yeakey @Cecilia Arnulphi @Russell Brazil @Zachary Burkons @John Burtle @Ashley Corbett @Geoff DelGrosso @Mitch Deminski @Reggie Desir @Michael Gansberg @Will Gates @Robin Hines @Michael K Gallagher @Jim K. @Steve K. @John Koster @Rob K. @JD Martin @Remington Lyman @Bonnie Low @Joe Splitrock @Joe S.

Shoot

 Too funny..  there are well known countries with no extradition.. Brazil  Venezuela

etc etc..  seen this play many times.  the 5 to 7 years is what most get..

 I choose BRAZIL!

 Cant go wrong with BRAZIL!

Youre limited in your concessions to the limits set by the loan type. Closing costs are more than allowable concessions generally. If you negotiated a concession amount higher than that, you're not able to use it. 

You will pay a lawyer an upfront fee to write a contract for you, then send that offer to the seller.  Not sure what the going to cost in California is, but in my location about $3,000 is the going rate for an attorney to write up a contract. Ive seen it a little less and a little more. Out of about 50 homes we list per year, we see offers from attorneys a couple times a year Id say on average. 

 Any frivolous claims or complaints should be matched with a counter suit for abuse of process.