Sentences with phrase «to take over the property»

What if the purchaser is actually being paid to take over a property with environmental contamination?

More frequently, investors take over a property Subject To the existing mortgage.

Once a bank takes over a property, it can end up sitting vacant.

So if someone ever tries to take over your property promising to make the payments, you need to be involved.

The Owner filed a lawsuit seeking to prevent the Buyer from taking over his property.

One technique that works well is called «Subject To», or taking over a property subject to existing financing.

Inn - goers weren't welcomed until 1981, and owners Bill and Trudi Konrad took over the property in 1999.

Dairy farm prices are plummetting, supermarkets are selling milk for $ 1 a litre, and many aging farmers are scratching their heads about who will take over their properties when they retire.

He was wrong: The judge ruled that Pershing Square and Winthrop couldn't take over the property without immediately repaying the entire first mortgage.

The groups also threatened to take over the property of the Igbo in the north before they withdrew the ultimatum last Thursday; a few days after President Muhammadu Buhari declared that Nigerians were free to live anywhere in the country.

If Lake in the Hills takes over the property, Cary residents fear, a large part of it will be turned into a gravel mine — a dreaded prospect for residents of two Cary subdivisions that abut the farm.

The mezzanine position wants to protect itself by taking over the property and not allowing the first mortgage to foreclose and take possession.

All of the homes on the tour were vacant and bank - owned, which eased some of the ambivalence participants felt about taking over a property its previous occupants might not have parted with willingly.

In December of 1982 the City of Hamilton took over the property for a septic treatment plant.

Formerly known as the Grand Nikko Hotel, Hilton took over the property in early 2017 and has re-branded it the Hilton Bali Resort.

I did learn a few new things that I had never considered, Bailbond companies that take over properties as a source, and investing in tax liens.

When there are young adults who take over the property during their parents» absence, thoughtless behavior can occur.

Proactive owners, upon taking over a property, look for ways to improve property performance, including finding alternative uses of non-revenue generating space.

«In China, the government can take over a property at any time, so people feel more secure in the U.S.» Yun added that NAR's upcoming report will show a greater geographical spread of home purchases by foreigners than in the past.

Wells structures all - cash deals, so there are no lenders to take over a property if a sudden vacancy hike hits the portfolio.

This can be a good thing because the homeowner does not have to pay off a loan on a solar system they will no longer use, but it may cause buyers hesitation to take over a property with additional property assessments if they didn't want a solar panel system in the first place.

She also said that retail store frontages should be limited to 40 feet and bank frontages to 25 feet, in order to decrease the chance that large retail chains would not take over the properties.

Abandoned properties currently undergo a two - year foreclosure process, during which banks take over the properties but may neglect property maintenance.

Wholesaling, taking over properties subject to, and options are great ways for new investors or those with limited funds to break...

He is experienced in acting for borrowers and lenders, both in the UK and internationally, in a wide variety of situations where security is taken over property in the UK.

After a local business wanted to take over the property that Beitou Church in Zhumadian sat on, a government - backed demolition crew was sent to destroy the church.

Once the family is done and the auction is completed, we will take over the property,» Canna said.

Wilmette Park District commissioners have approved a $ 45,000 study on the severity of problems and the cost of improvements at the Wilmette Harbor — a move the district says is crucial to determining whether to take over the property.

American Iron and Metal wanted to reopen the «pick and pull» junk yard but the county said they had the option to use eminent domain to take over the property.

Calhoun learns that several of his ranch hands plan to kill him and take over the property.

Walter is walking through the old office of Kermit the Frog when he overhears a conversation between oil baron Tex Richman (Chris Cooper) and his Muppet goons, where Tex reveals his plans to take over the property and tap into the oil reserve underneath.

Pluto's a nightclub owner on the moon on the run from mobsters who want to take over his property and turn it into a casino.

The Mortgage of Deed of Trust is the recorded evidence of the promise to repay the loan; if the loan is not repaid as promised, the lender may take over the property.

Taking over a property «subject to» the existing loan is a great technique and is used by many investors.

Consider this troubling question: Do mortgage lenders have any obligation to take over a property that has defaulted on its mortgage?

When a buyer is unable to make the mortgage payments, the lending institution exercises its legal right to take over the property, known as foreclosure, trying to recover the balance of the loan.

Taking over a property «Subject To» an existing loan is not as hard as it may seem as long as you know what it is.

«In the short term we would find tenants to take over the property, maintain it, keep it up,» Coneybeer said.

If you intend to sell REOs, get ready to be the eyes and ears of the lending institutions that take over those properties.

Become the lender... take over the property... you are the new owner.

Gamma, the lender, took over the property in a December foreclosure auction.

Call section 8 and explain your taking over the property and want to know about the program and current lease copy they have on the tenant there..

When you take over a property using the «subject to» clause, it means that you get the deed / title to the property, but the existing loan stays in the original homeowners» name.

A few days before you take over the property, we'll do one last inspection to make sure everything is in order.

Can you afford to take over this property.

Wildlife had moved in, and nature was taking over the property.