The phrase
"wrong property" refers to a situation where an individual or entity is in possession, ownership, or control of a piece of real estate that they are not authorized to have.
Full definition
Host Sean Conlon confronts flippers Mark and Bryan about the process that led to their «accidental» purchase of
the wrong property and discovers the real identity of the «field guy» who made that costly mistake.
Bill Wiggin: The Tory whip made a # 11,000 mortgage claim against
the wrong property.
Weaver said that homeowners boost their chances of a successful appeal when they can prove that appraisers compared their homes to
the wrong properties when calculating a home's appraised value.
Wrong Property: The type of property you want to buy may also contribute to the rejection of your mortgage loan application.
If you are investing for the sole purpose of reducing your tax, then you are most probably investing for the wrong reasons and probably investing in
the wrong property.
What happens when surveyors are hoodwinked into valuing
the wrong property?
How was it that a surveyor was misled into valuing
the wrong property?
LAWPRO defence counsel have reported seeing construction liens filed on
the wrong property where lawyers solely relied on municipal addresses.
A Louisiana appeals court has ruled that a real estate brokerage may be liable for a «For Sale» sign placed on
the wrong property by one of its salespeople if that salesperson is an employee of the company and not an independent contractor.
Gordon filed a lawsuit against the brokerage and its owner, alleging that the company was negligent for placing the «For Sale» sign on
the wrong property.
An earlier version of this story included wording that made it seem like the Greater Binghamton Health Center had been sold and included a picture of
the wrong property.
But one mistake that can be fatal to your real estate business is choosing
the wrong property.
Georgia court allows buyer's lawsuit against the seller to proceed after she made improvements to
the wrong property based on photos in the listing.
Picking
the wrong property is a lot like picking the wrong spouse.
She alleged that the Banks and the brokerage had misrepresented the fact that there was not a habitable structure on the property she had purchased through the misleading listing, showing
her the wrong property, and even giving her keys to the wrong property.
The Buyer argued that the owner and the Listing Broker were liable for fraud and / or negligent misrepresentation because the picture used in the MLS showed
the wrong property.
Neither Yeryar nor Wood were aware that the sign was on
the wrong property.
Investing in property is the first and most important step in the process since overpaying or paying for
the wrong properties can forever weigh down that investment.
Real estate, particularly trust deed investment, however, requires a certain level of knowledge and experience as choosing
the wrong property can leave you with a low return and an obstructed cash flow.
There is a chance that you are investing on
the wrong property.
If you buy
the wrong property on your first one your business will tank and you will lose it to foreclosure.
«Rental income doesn't even come close to covering mortgage payments» — Then you bought
the wrong property.
This was reflected well, with stories about buying
the wrong property at auction.
Prices are rising and it's easy to buy
the wrong property.
But he notes that in many cases, a redevelopment won't solve the problem of
the wrong property being in the wrong place.
If you can't budget for the repairs of your properties then you're probably in the wrong business (or buying
the wrong properties).