Sentences with phrase «on sales deeds»

«Looking at the biggest buyers of homes in the Houston area in August and September, three stand out as ramping up on purchasing,» said Daren Blomquist of ATTOM Data Solutions, which derived its data from buyer names on sales deeds:

Not exact matches

Both men are part of a separate investigation by Bharara's office into Allure's sale of a nonprofit nursing home on Manhattan's Lower East side to a luxury condo developer after de Blasio's administration made the unusual decision to lift the deed restriction.

Elected officials are demanding Mayor de Blasio cough up records on pending deed restrictions, such as one that resulted in four investigations into the sale of a Lower East Side...

Elected officials are demanding Mayor de Blasio cough up records on pending deed restrictions, such as one that resulted in four investigations into the sale of a Lower East Side nursing home.

The owner, Slate Property Group, bought the property from the Allure Group for $ 116 million, a sale contingent on getting the city to lift a deed restriction so the new owner could convert the building from an AIDS hospice to luxury apartments.

Morales had been cooperating with investigators on two matters: the mysterious deed change that allowed the sale of a Lower East Side nursing home to developers, who netted a $ 72 million profit, and strong - arm efforts to cut Singh a sweetheart deal.

• In December 2007, the Special Administrative Board of the St. Louis Public Schools approved terms on the sale of the old Hodgen Elementary School building that included a 100 - year deed restriction prohibiting leasing of the building to medical clinics, taverns, adult entertainment facilities, and... charter schools.

It seems to me that foreclosure, short sale, deed in lieu, cash for keys all mean the lender probably lost money so there is a negative connotation — Its my understanding all of those things get reported simply as «foreclosures» on credit reports.

In addition, you can not take the tax exclusion if you or any other person on the deed of your home took advantage of the home - sale tax exclusion in the 24 months preceding the sale of the home, as you can only benefit from this tax benefit once every two years.

Our Housing Counselors work with mortgage companies and servicers on loan modifications, short sales and deed - in - lieu of foreclosure agreements, to name a few of the different available loss mitigation options.

Dear Bijan, Both of you can claim tax exemptions based on the ratio of your ownership in the property, if nothing has been specifically mentioned in your sale deed, you can claim 50:50 ratio.

Written consent of the holder of the first deed of trust or first mortgage to that sale shall obligate that holder to accept the sale proceeds as full payment and to fully discharge the remaining amount of the indebtedness on the first deed of trust or first mortgage.»

DD 214 Debt Service Deed Deed of Trust Department of Housing and Urban Development (HUD) Deposit Deposit Receipt Description of Materials Direct Endorsement Discount Documentary Stamp Draw Due - on - Sale Clause Dwelling Unit

If your trust deed is set up on or after 28 November 2013, these fees will be paid out of the monthly instalments you pay or through the sale of any assets you have.

There are two major factors when determining when you can purchase again after a short sale: 1) were you current on your monthly mortgage payments all the way up to transfer of title / deed?

They'll consider if having a loan that's hopelessly upside down on their books is a good thing, how much they could lose in a short sale, how much they could lose in a deed in lieu and how much they would lose in foreclosure.

Foreclosure, short sale or deed - in - lieu of foreclosure can all take a toll on your credit score.

If you're looking to get a conventional loan after a short sale or a deed in lieu of foreclosure, the amount of time you have to wait depends on how much money the you are able to put down on the loan.

Deficiency judgments on short sales and deeds - in - lieu can happen in many more places.

As you can see, defaulting on your mortgage, whether through foreclosure, deed in lieu of foreclosure, or a short sale, is a particularly messy credit problem.

With foreclosures and bankruptcies on the rise these past few years, mortgage banks are not as quickly to cooperate in short sales, quit claims, or a deed in lieu of foreclosure.

The sooner you act on either a short sale or a deed - in - lieu the better.

A comparison of the short sale vs. deed - in - lieu can be found in my post here on 8/15.

The other options others have been talking about on here short sales, deed in lieu, and such are other possible solutions, if you don't need or want the home any longer and remember with those you do run the risk of deficiency judgements.

A short sale will negatively affect your credit, but not nearly as much as a foreclosure or deed - in - lieu ~ read this entire article for details on each alternative.

It is only affected adversely when: - you start missing payments - a short sale is closed (the damage can be nominal depending on the # of missed payments)- your property is foreclosed on by the lender either by trust deed or deed in lieu

A Short Sale or Deed - in - Lieu on a person's credit requires a waiting period of at least two years for an 80 % loan - to - value and four for 90 %, two with mitigating circumstances can be possible up to 90 %.

There are differing legal opinions as to whether the deed transfer triggers a «Due on Sale» clause which could void the mortgage, but in practice I have never seen this happen.

@Carol --(1) Assuming that you don't have a Due on Sale Clause within your mortgage, file a quick - claim deed which transfers the property into an LLC.

Depending on how you decide to address the situation, short sale negotiation and deeds in lieu can be greatly facilitated by an experienced lawyer.

On June 27, the questions ranged from patents, settlement letters, handling a pro-se lawsuit, and short sale vs. a deed in lieu.

In Nova Scotia, the land transfer tax, («deed transfer tax»), payable on the sale price depends on the municipality in which the property is located.

He also regularly drafts and advises on many different types of commercial contracts, including distribution agreements, employment contracts, hire purchase agreements, licencing agreements, loan agreements and security documentation, partnership deeds, sale and purchase agreements, shareholders» agreements and terms and conditions.

If you own a property that has not changed hands since 19325 or before, on sale, if you do have sufficient title deeds, showing a chain of ownership to you, on completion, the buyer will have to register the property at the Land Registry.

The District of Columbia Court of Appeals recently held that a condominium association acting on its six - month super-priority lien for unpaid condominium assessments pursuant to § 42 - 1903.13 (a)(2) of the District of Columbia Condominium Act (the «D.C. Condo Act») may not conduct its foreclosure sale subject to a first deed of trust lien, even if the

In family court there may be other ways to affirm a party's interest without a forced sale AND the family law court has full jurisdiction to set aside the transfer deed on any grounds that the civil court could rely upon (i.e., fraud, lack of consideration, duress, breach of fiduciary duty if applicable, constructive trust, resulting trust, etc.).

• Prepare documents such as representation contracts, purchase agreements, closing statements, leases, and deeds • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting based on current market conditions • Conduct quarterly seminars and training sessions for sales agents to improve sales techniques • Advise sellers on how to make homes more appealing to potential buyers increasing average selling prices by 16 % from initial appraisals • Evaluate mortgage options helping clients obtain financing at the best rates and terms

Effectively communicated terms on loan modification agreements, settlements on liens, Deed in lieu, and short sale terms.

• Prepared correspondence such as client information letters and internal memos and ensured that they are sent to the correct recipients • Provided clients with information on their application statuses over the telephone or in person • Arranged for clients to be connected to real estate agents or financers, by first ensuring availability of the latter • Prepared rent and sale deeds according to specified formats • Ensured the confidentiality of all information such as clients» personal details and application progress

• Highly experienced in providing clients with information on available properties by indulging in «initial pitch» activities • Unmatched ability to carefully and articulately handle confidential information such as rental and sale deeds, and clients» personal information • Able to effectively liaise with property managers and real estate agents to ensure that their office administration needs are fulfilled at each step

Your sales team can pull up information on listings, sales, valuations, assessments, deeds, foreclosures, schools, photos, maps, and market trend information.

I imagine you are buying using conventional financing, and deeding to an LLC will trip the due on sale clause.

On July 29, 2014, Fannie Mae announced changes to its waiting period policy following a preforeclosure sale (short sale) or deed - in - lieu of foreclosure (DIL).

Am I correct to assume when you refer to the not a wise pool, that those are properties with low to no resale value, those nobody will bid on at the tax deed sale and you end of with the property at a loss?

* CLTV * - Combined Loan To Value * CMA * - Comparative Market Analysis * COCR * - Cash on Cash Return * COF * - Cost of Funds * COO * - Certificate of Occupancy * CRB * - Certified Residential Broker * CRE * - Creative Real Estate * CRS * - Certified Residential Specialist * DBA * - Doing Business As * DCR * - Debt Coverage Ratio * DOS * - Due On Sale Clause * DOT * - Deed of Trust * DSCR * - Debt Service Coverage Ratio * FCRA * - Fair Credit Reporting Aon Cash Return * COF * - Cost of Funds * COO * - Certificate of Occupancy * CRB * - Certified Residential Broker * CRE * - Creative Real Estate * CRS * - Certified Residential Specialist * DBA * - Doing Business As * DCR * - Debt Coverage Ratio * DOS * - Due On Sale Clause * DOT * - Deed of Trust * DSCR * - Debt Service Coverage Ratio * FCRA * - Fair Credit Reporting AOn Sale Clause * DOT * - Deed of Trust * DSCR * - Debt Service Coverage Ratio * FCRA * - Fair Credit Reporting Act

My firm also provides tax sale / tax deed information and materials on our website at http://flamm.com/illinois-property-tax-lawyers/ (new seminar materials will be uploaded soon).

Foreclosure and Tax Deed sales at the Courthouse - these buyers are required to pay cash the same day as they bid on the property.

Do you ultimately bid on the property at tax deed sale?

You know someone whom has seen their loan get called once the deed is transferred to an LLC, exercising the due - on - sale clause?

Many people may have their assets ring fenced in various legal structures, but others of us have seen loans get called once the deed is transfered to an LLC (due - on - sale clause).