Once you’ve found the perfect foreclosed property, it’s time to make an offer. Depending on the circumstances, the offer may need to be competitive, so be prepared to negotiate with the seller or the bank. It’s important to have a thorough understanding of the market value of similar ...
“I think that the key to harmony on a board is that its members have the ability to agree to disagree,” says Tina Straits, Vice President and General Manager of Baum Property Management in Aurora, Illinois. “Any one group of people is not going to reach a consensus on every issue. ...
House flipping is much cheaper than many other small business ventures. It doesn’t require you to have any equipment, inventory, or employees. You need capital for a down payment and money for repairs and renovations, but there are a number of ways to get access to that capital, even if...
While section 228.369 is intended to address a very real problem, it puts judges in a position of creating permanent, substantial financial relationships, which is much different from judges determining the extent of liability based on existing contracts or other relationships. Some judges will be co...
“company” may also be abbreviated. The state imposes limitation statutes on certain words in names when forming an LLC in Nevada. These words include “bank,”“engineer,”“HOA,” etc. You can find the Restricted Word List on the Nevada Secretary of State website. Use the list to ...
As a board member, your community association manager will advise on key aspects of your homeowners' association's (HOA's) operations and serve as your representative with other service providers. Read on to learn more about the community association manager's role and what makes a good one. ...
Use these steps to take you from “intimidated” to “in control” as you start your journey to learn“how to buy a house”. 1. Get Your Credit in Order Most people assume that the home buying process starts with looking at houses. That’s the fun part, but it shouldn’t be your ...
You have run into land use issues or construction defects:When you run into these problems, you should get legal counsel involved early to avoid more significant issues. You are facing legal action against your HOA board:If a homeowner or other entity takes legal action against the HOA board,...
HOA fees are charged by aHomeowner's Associationto pay for maintenance of public areas, security, and other services that improve the neighborhood. They may also be used to remunerate elected HOA officials and to defray legal costs. How Much Is a PayPal Fee? As of August 2024, PayPal transa...
Rent-to-own contracts often include an option fee, a set price that you pay to secure your option to buy. This non-refundable fee varies. You could expect a typical fee to be 2% to 7% of the property's value.1 During the period that you live in the home prior to purchase, you wi...