Can the sports car be put within both our name after it is compensated stale?
Our car is contained by my husbands name individual because of my credit history, is there any possible process we can have my first name put on the title also or can we do that after the car is remunerated off since it will belong to him and not the nouns company still? ONLY SERIOUS ANSWERS PLEASE. THANKSAnswers: Yes, go down to the DMV next to him and have him append you to the title. Costs about $15.
you jump to where you win your tages renewed (in TN, that's the county clerks office, not the DMV). they will adaptation the registration--you will need to enjoy a copy of your marriage tag.
If the guard honor me a work within lieu and the property is self rented...?
If the bank honor me a work in lieu and the property is person rented how much time notice the edge will give me to turn surrounded by the property, so I can tell my tenant to move out.?Answers: I would be surprised to hear of them doing that beside an investment property. You get no concentration with a action in lieu, it is important on your part (why they bequeath no notice) and effective urgently.
If the bank honored "Deed contained by Lieu of Foreclosure" you will receive documents from an attorney to sign or you will be asked to show in personality if convenient. Once you sign the agreement you no longer own the property. Some banks may allow a deeply short period to move and should be fragment of the agreement before you sign.
You involve to tell your tenant to move immediately. The wall, after the agreement is signed, will send a representative to inspect the premises and if you hold no move out period surrounded by writing the bank will return same time or shortly after with a Sheriff's Deputy and at that point contained by time all items will be removed, without hesitation.
If time is needed do not sign this agreement and allow proper legal time frames work within your favor. Also, remember this will still show on your credit as a "foreclosure".
Good luck.
Whats the benefits of a real estate license? Do I need a license to purchase property for re-sale?
Answers: No, you do not need a real estate liscense to purchase and resell. However you must understand and know how to write your contract so you do not make an expensive mistake.
You can have the contract reviewed by an attorney after you have written it but if you do not feel comfortable you can make friends with a realtor to help you or consult a title company or a real estate attorney.
The other thing you must be concerned about is the title or deed of the property depending where you are because you want to make sure it is
" Free and Clear " this means that there are no liens or encumbrances on the title or deed. You can check this out by going to the county clerks office in the Tax Assesors department usually.
The other thing you must do is to protect yourself make sure you put a clause in your contract that says like this;
"This contract is subject to inspection by an inspector at Buyers sole discretion"
The inspection clause is very important because if there is a problem with the foundation or structure of the house you can back out of the deal or renegotiate accordingly.
This next clause is good if your buying a property from a private owner or investor.
"This contract is subject to Buyers acceptable financing at Buyers sole discretion" unless your buying from a bank then you must be prequalified or have cash in hand or proof of funds.
Also make sure you do a good market analysis by contacting realtors in this area to give you comparables so you know what the estimated value would be after repairs if it needs repairs or even if it does not need repairs it would give you an idea what you should sell for.
I hope this helps.
Good Luck
Don't need a license to flip property. Can do that as individual owner.