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What is a letter of intent? Why would I need one? |
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Written by Marianne Sorensen
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Wednesday, 03 February 2010 00:00 |
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A letter of intent (LOI) can range from being a preliminary, non-binding expression of the parties’ intentions to negotiate and complete a transaction, typically including only the essential terms, to a document that the parties intend to be fully binding, with detailed provisions that will be in the final agreement.
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Rights and Remedies in Foreclosure Matters - Borrower's Perspective |
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Written by Russ Mitchell
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Thursday, 04 February 2010 00:00 |
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In today’s economy, there are many residential and commercial real estate properties that are in foreclosure. The phrase “in foreclosure” is a general phrase which typically means that a borrower is about to lose his property to the lender through a nonjudicial foreclosure.
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Written by Jonathan Cole
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Friday, 15 January 2010 00:00 |
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People often attribute great success to extreme dedication and self-discipline. While it is true that dedication and discipline can help make a person successful, I have seen people that become so focused on routine that they miss out on other opportunities.
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Rights and Remedies in Foreclosure Matters - Lender's Perspective |
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Written by Russ Mitchell
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Tuesday, 02 February 2010 00:00 |
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Lenders come in all shapes and sizes. When parties want to borrow money to buy and/or develop real property, they can borrow from a variety of financial institutions, or they can see if the seller of the property will “carry the note” – that is, take payments over time.
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Be in the Know, But Don't Know it All |
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Written by Jonathan Cole
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Tuesday, 19 January 2010 00:00 |
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I read a quote, or perhaps more of a comical joke, a few years ago that said, “Do you want to speak with the person in charge, or the person that knows what is going on?” We, as managers, have a difficult role to fill. We must be aware of what is going on in our department, or even company, but we must also not fall into the trap of wanting to know too much.
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