Sentences with phrase «going repair the property»

Not exact matches

Jahangir promulgated a regulation that whenever a rich man or traveler died without heir his property would go to the crown to be used for repairing madrasas and lodges.
«When you have government mandated expenses like property taxes and water and sewer rates that have gone through the ceiling in the last 10 years, that now eat up anywhere from 30 — 40 - percent of every rent dollar an owner takes in, then it doesn't leave much left to pay off your mortgage, to make repairs, to invest in the capital improvement in your building.
He vowed to fight for the mansion tax on residential property sales of at least $ 2 million to provide revenues for low - cost senior housing and the millionaires tax to fund subway repairs and reduced fares for low - income New Yorkers in Albany, which he called «crucial initiatives» going forward.
It is important that you get the property inspected thoroughly to get an estimate on how much is the renovation, repair and maintenance going to cost you.
Agents need to be mindful that if they have knowledge of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his seller, making the seller aware that his agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the seller the need for disclosing), directing his seller to get «fix - it» quotes, repair before going to market, or offer a rebate to his buyer for the dollar amount involved, and advise the seller that this information if known by his agent, or by the seller, «must» be disclosed in some manner, in writing, so as to prevent the seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
So, the $ 1,500 you're going to be making in mortgage payments might actually be more like $ 2,500 a month by the time you add in property tax, repairs and maintenance and whatnot.
Chuong assumes that half the rental income will go to expenses, such as property management, repairs, and income tax.
A fairly popular strategy used by both rookie and seasoned investors it to buy a property that is below market value, do some repairs to force appreciation, so the value of the home goes up.
A consumer should always get information about the prices of other houses in the neighborhood, interview several real estate professionals, hire a properly licensed and qualified home inspector to carefully inspect the property before you become obligated to purchase it, determine whether the seller or you is going to be responsible for paying for the repairs, determine whether or not you can afford to make the repairs, compare costs and shop for a lender before refinancing or purchasing a home.
It's your responsibility to fulfill the agreed - upon loan obligations, such as continuing to pay property taxes, homeowners insurance, and maintaining basic home repairs, or the loan may go into default.
Although it may be profitable for you as a seller to touch up the property and make it more attractive for the buyer, don't go overboard and spend too much on extensive repairs.
Having a tax lien applied to your property is going to destroy your credit score, and the lien will remain on your score for as long as you owe back taxes, so the best way to deal with the lien and repair your credit is to repay the outstanding debt.
After months of drilling, soil testing and evaluating our property and building, the insurance company let us know that they weren't going to cover any repairs, but eventually agreed to cover the costs of all the testing that was done.
Since the unit was in a rental property of mine, I went ahead and paid for the repair with my Explorer card, and got a detailed receipt from the technician.
In summary, chancel repair liability will continue to be a going concern for all property transactions up until 13 October during which time conveyancers should continue to carry out searches and where appropriate, insure against this medieval risk.
If your decide that you are not going to move back into the rental property once it is repaired, then you may be faced with significant moving expenses.
Property damage liability goes toward necessary repairs or replacements of another party's car or other personal property when you're responsible for a coProperty damage liability goes toward necessary repairs or replacements of another party's car or other personal property when you're responsible for a coproperty when you're responsible for a collision.
It goes on to explain that you may not be covered for utility line repairs on your property and introduces the option of purchasing insurance from HomeServe.
If you have a vehicle that is worth a decent amount of money, purchasing personal property protection is most likely a good idea, as repairs and replacements are going to be more expensive.
Also, if you strike another person's property such as their vehicle, fence, or mailbox, property damage liability can go toward repairs or replacements.
The same goes for property damage liability, which covers the cost of repair and / or replacement of items damaged in an accident other than a vehicle such as a house.
For projects that are going to be completed around the Lake Worth property such as repairing the deck, stairs or other dangerous areas, you can tell your Florida agent what kind of timetable you're working with.
While home insurance isn't going to make your property invincible to storms, it gives you the resources you need to rebuild or make repairs once the storm is over.
If you are trying to operate a business at an alternate location while your OH property is being repaired or worked on, then it will be even more important to find out what is going on with your Ohio renters insurance claim.
The advantage of going with an insurer - recommended repair facility is that the insurer «has an established relationship with that company, is familiar with their work and can trust them,» says Bob Passmore, assistance vice president of personal lines for the Property Casualty Insurers Association of America.
In fact, experts in the insurance industry usually recommend much higher levels of protection because liability coverage is cheap as far as auto insurance goes and because accident damages for medical costs and auto or property repairs can far exceed the minimums in many cases.
Property damage liability is going to handle your court costs and repair bills if you damage another person's pProperty damage liability is going to handle your court costs and repair bills if you damage another person's propertyproperty.
When a driver is deemed at - fault in an accident, this money will go towards repairing or replacing the vehicle or other damaged property of people who were not at - fault.
Even though the TN landlord is going to be in charge of making repairs to the property, the items inside the house and personal belongings are the responsibility of the renter.
You should absolutely have a repair estimate going in, but you want to verify your estimates after you get the property under contract.
Analyze repairs and get the best comps, as if they were going to flip the property.
I'm really thinking of going for the full $ 35,000 to purchase an entire property if I can find something where the numbers work out... Only thing that scares me is I'd have to go for a distressed property that requires full repairs while I would be out of state... Never have managed «long distance» start - finish repair job...
Agents need to be mindful that if they have knowledge of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his seller, making the seller aware that his agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the seller the need for disclosing), directing his seller to get «fix - it» quotes, repair before going to market, or offer a rebate to his buyer for the dollar amount involved, and advise the seller that this information if known by his agent, or by the seller, «must» be disclosed in some manner, in writing, so as to prevent the seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
Unless you're talking about when he goes to list the property after repair then there are some cost associated with that when using a Realtor.
Have the contractor go with you to look at the property and get an estimate of repairs.
Both of my properties were ready to go when I got them, so I cant talk too much about ARV numbers or repair costs.
If you're going to make an offer on a property that's well under market value (your profit margin + repairs, marketing, etc.), then how helpful is it for them to know the value from a calculator, which in some cases may even give a higher - than - accurate number?
Most foreclosed properties only require minor cosmetic repairs, so the Streamline is the way to go in most of those instances.
If your benchmark is perfection all comers will fall short, but consider what can go wrong with property management and I've seen it all happen... theft of your rent money, fabrication of invoices, referring of repairs to the owner's brother in law who doesn't have a clue what he's doing, letting your property sit vacant for 6 months, HOA violations going unaddressed for which you're never notified, horrible record keeping, money not being escrowed properly, owner distributions not coming on time or at all, fee structures that reward managers with more money every time they order a repair, invoices not provided, property statements poorly organized and unclear so you can't tell the real story, tenants reporting dangerous repairs such as a leak or a dangerous safety issue and nobody responds and you get stuck with a giant bill or a lawsuit etc... None of these things have happened to me with Green Residential.
We discuss the process that goes into how we determine what repairs and upgrades will be made for our properties that we sell to investor buyers.
I plan to go beyond the newbie tips that clutter the internet and cocktail parties because lets» face it, as a passive investor your time should be spent on things that you love to do and those who are important to you (not trolling real estate internet forums or making makeshift plumbing repairs on your property).
We go through and estimate repairs on a property and miss something.
If you're concerned about how soon you can start seeing a return on your investment, your best bet is to go with an investment property for sale that only requires minimal repairs or upkeep.
It's your responsibility to fulfill the agreed - upon loan obligations, such as continuing to pay property taxes, homeowners insurance, and maintaining basic home repairs, or the loan may go into default.
If you want to get top dollar for your property, you probably need to make all minor repairs and selected major repairs before going on the market.
Part of these checks go toward paying the mortgages, insurance, property taxes, vacancies, repairs and management.
So, doing a maintenance - type repair after a tenant moves in could move the cost from going to the basis of the property to an immediate deduction.
One additional thing, after I had my contractor go through the property and come up with list of repairs needed to bring the building up to code, I renegotiated with the seller to 165,450 k. That's where we currently stand.
So I think I'm o.k. as far as acquisition renting the property goes but If someone destroys the place, or it requires more than $ 5K - $ 10K in repairs after it's rented, or over the course of the first year, I may have a problem.
Does anyone know where I can go to find a really good repair estimate form for my walk - throughs of properties?
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