Sentences with phrase «real estate deals fail»

In a recent case, after a real estate deal failed to close, the vendor took legal action against the would - be purchaser.

Not exact matches

For retirees who are still paying off large loans (think failed business ventures or real estate deals), a guaranteed level - premium term life policy is ideal, said Scott Simmonds, a fee - only insurance consultant in Saco, Maine.

Spano admitted that he failed to pay more than $ 53,000 in federal and state taxes by not reporting income, including a $ 45,000 commission he received on a real estate deal and rental income from a Yonkers building he owned.

Gage repeatedly said that the charges against the senator failed to show a quid pro quo and that the senator's stances on issues dealing with real estate and the environment were «longstanding» and were not skewed by his relationship to the companies or his son's employment.

The failed real estate deal also led to federal fraud charges in 2010 against the escrow agent involved in the loan transaction, according to an indictment in Manhattan Federal Court.

In addition, renewing the 421 - a real estate tax break, which expired after lawmakers failed to get a deal last year, apparently isn't happening.

(The framework deal includes a four - year extension, but the whole thing will expire if the labor unions and real estate industry fail to reach a prevailing wage agreement within six months).

Examples of failing to do adequate investigation in a real estate deal include:

However, Florida Realtors is not a legal agency (it does have a Code of Ethics which its members are required to follow even though failure to follow the code will not result in the loss of license or the award of damages to someone who has been wronged in a real estate deal — also, you can not file a lawsuit based upon a member of the trade association failing to follow one of the organization's ethics rules — although you can file a complaint with the group about any wrongdoing that may have happened).

I have always wondered, just how many Ontario MPPs sold their homes before The Land Speculation Tax Act and The Land Transfer Tax Act were dropped onto the Ontario people, on Friday, April 9, 1974, which caused the real estate market to collapse over night, and sold deals failed to close starting Monday.

I, for one, never imagined when I first started out that I would have to do things like manage lease space, navigate through MLS mergers, deal with the fallout of a failed association merger, start up a meeting and event space business, teach short sales and foreclosure classes, endure plummeting membership numbers during the hard times, launch a real estate licensing school, sing at installations, and jump on a float for a parade.

One shocking statistic forms the root of his observations, that one in five members of the Toronto Real Estate Board failed to sell a home in 2009 and that more than half fail to do a deal every three months.

Florida real estate professionals who fail to make the proper disclosures could find themselves charged with «dishonest dealing,» which is a license law violation, Mitchell says.

But what sets apart successful real estate investors — those who find deals, who find the money, who find the time — what sets apart them from everyone else who struggles, give up, fail, or never get started?

Real estate investors love to talk about their successes, but most refuse to talk about their failed deals.

Namazi Real Estate Corp. v. Johnson (243 A.D. 2d 396)-- broker's motion for summary judgment denied and defendant's cross-motion for summary judgment dismissing the complaint affirmed; broker failed to establish they produced a buyer ready, willing and able to purchase the property at terms set by sellers; parties were not in agreement as to the closing date, the clause entitling defendants to terminate the contract unconditionally, and the date when the defendants would vacate the premises; broker failed to establish that sellers wrongfully or arbitrarily prevented completion of a deal.

Comments Off on Florida Foreclosure Defense: California's Jackmon Case — Suing Bank for Failed Modification Agreement — Claiming the Lender Breached a Contract After Deal Was Made to Lower Mortgage Payments Tags: Bank of America Foreclosures, BofA Foreclosures, Broward Real Estate, Florida Real Estate Foreclosures, Foreclosure defense attorney, foreclosure defenses, Foreclosure Fraud, Foreclosure Help, Foreclosure Settlement, Short Sale Counseling, Short Sales, strategic default, Underwater Mortgage, Wrongful Foreclosure

The District and most states (including Virginia and Maryland) have laws that shield real estate professionals from personal liability for failing to share «non-material» facts — such as anything that doesn't deal with the home's physical structure or improvements — with a prospective buyer.

Real estate agents commonly miss out on a great deal of new business opportunities by simply failing to follow up.

The agency that manages the District government's property has failed to collect millions of dollars in rent and struck a financially questionable deal with a private real estate broker to lease space that might not be needed, according to a new inspector general's audit.

On October 18, 2010, the New Jersey Real Estate Commission (NJREC or Commission) found appellant Douglas R. Tonge and his company Just New Homes, Inc., violated N.J.S.A. 45:15 - 17 (k) by paying rebates or compensation to persons not licensed by the Commission; N.J.A.C. 11:5 - 6.4 (a), breached the fiduciary duty owed to their customers; N.J.S.A. 45:15 - 17 (e), failed to deal fairly with all parties; and N.J.A.C. 11:5 - 6.1 (r), made false or misleading statements in promotional materials.