
10 February 2015 | 39 replies
That should also get you copies of all the deeds and recorded security instruments (if any).
9 May 2007 | 0 replies
My own HOA ccr's state sopmething like:expiration states "...for a period of thirty (30) years from the date these covenants are recorded, after which time said covenants shall automatically be extended for successive periods of ten (10) years unless and until an instrument signed by the then record owners of leasehold equities...has been recorded,by which said covenants, in whole or in part, are amended or revoked."

28 July 2022 | 147 replies
I was a Econ-Finance major and it has helped me in understanding many different financial instruments including RE investing.

22 May 2020 | 24 replies
Currently I manage projects across North America for Construction, Instrumentation and Electrical jobs (by day that is).

29 June 2023 | 13 replies
A “deed of trust” is a mortgage instrument but does not convey ownership.

19 December 2022 | 5 replies
If the transfer results in a permitted change of occupancy type to an investment property, such change must not violate the Security Instrument (e.g., the 12-month occupancy requirement for a Primary Residence), andThe Servicer notifies the original owner or natural person that the Mortgaged Premises transferred to an LLC/LP must be transferred back to the original owner or natural person prior to any subsequent refinance or modification application to meet Freddie Mac's underwriting requirements.

17 July 2023 | 4 replies
But, quick search on "transfer on death deed" it seem to work like any other TOD instrument.

15 May 2011 | 7 replies
The will provides that part or all of the decedent's estate will go to a trustee who is charged with administering the trust property and making distributions to designated beneficiaries according to the provisions of the trust.To create a legal trust you will need a trustor, trustee, beneficiary, trust property and trust agreement.You can be appointed as Trustee and run all the day to day business affairs of the Structure or you can appoint another.The trustee has no personal liability in their capacity so long as they operate within the bylaws of the contract on behalf of the trust.A trustee normally will act in accord with the express terms of the trust instrument; act impartially, administering the trust for the benefit of all trust beneficiaries; administer the trust property with reasonable care and skill, considering both its safety and the amount of income it produces; maintain complete accounts and records; and perform taxpayer duties, such as filing tax returns for the trust and paying required taxes.When using a land trust it is best not to name yourself as trustee because A trustee in general must administer the trust property only for the designated beneficiaries and may not use trust principal or income for his or her own benefit.

28 July 2023 | 16 replies
They then proceed to eliminate unsuitable options, usually in the following order:Rent Range - If the person can afford $1,800 per month, they will eliminate properties with an asking rent that exceeds this amount.Property type - If a person has a wife and two children, they are unlikely to consider one-bedroom properties.ConfigurationLocationEven if there are hundreds of available properties, after applying the above housing requirement filters, only a few properties will remain.

28 July 2023 | 9 replies
As Opposed to states like CA AZ NV OR WA where a purchase money debt instrument for an owner occ no deficiency can be obtained the lenders sole remedy is the property in case of default and foreclosure.