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Key takeaways. It's possible to back out of an accepted home offer, but there could be consequences if you're not careful. Building the right contingency clauses into the contract upfront makes it ...
Negotiating with a collection agency or junk debt buyer is somewhat similar to negotiating with a credit card company or other original creditor. However, many collection agencies (or junk debt buyers) will agree to take less of the owed amount than the original creditor, because the junk debt buyer has purchased the debt for a fraction of the ...
No matter how low of an offer you put in for a home, it almost never fails that at some point you get buyer's remorse wondering if you could have purchased it for even less. Some realtors might ...
Sanchez, 836 S.W.2d 151, where a repossession agent towed away a car even after the loanee locked herself in it, the court decided that this was an unlawful breach of the peace and declared the repossession invalid. The debtor was also awarded $1,200,000 in damages from the bank involved.
Buying a home can be an exciting milestone, but it's not as simple as pointing your finger at a property and signing on the dotted line. There's usually some negotiating that takes place first. I'm...
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral [1]) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. [2]
Generally death (or incapacity) of the offeror terminates the offer. This does not apply to option contracts, in which the there's a possibility in which the next of kin or an assigned friend of the offeror can take his or her place after death. The offer cannot be accepted if the offeree knows of the death of the offeror. [47]
Key takeaways. It is possible to negotiate real estate commissions, but it ultimately depends on the individual agent's circumstances. Real estate commission rates used to typically total around 6 ...