Search found 6 matches

by BillyK
Sat Aug 04, 2018 3:16 am
Forum: Personal Consumer Issues
Topic: Should I roast my own coffee?
Replies: 43
Views: 2923

Re: Should I roast my own coffee?

I have been roasting coffee beans for 20+ years. What a lot of people don’t realize is that roasting coffee creates smoke that may set off your indoor smoke detectors which I have done more than several times. Plus, it then leaves a lingering smokey smell in your home for days. A lot of hardcore hom...
by BillyK
Sat Jun 30, 2018 12:30 am
Forum: Personal Finance (Not Investing)
Topic: Deed of Trust on Condo, how can borrower get a release if lender dies?
Replies: 26
Views: 1454

Re: Deed of Trust on Condo, how can borrower get a release if lender dies?

You may be looking at the wrong clause in the deed of trust. The release clause is for her to release it while she is alive, such as if you pay the note off in full to her. You should be looking at the successor and or assigns clause, which should include language similar to the note that it termina...
by BillyK
Thu Jun 07, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Adding my name to deed (parents house)
Replies: 22
Views: 1750

Re: Adding my name to deed (parents house)

Most loans have Due on Sale clauses that can be triggered by transferring any percentage interest in the property. You need to review the loan and/or speak with the lender, since otherwise it could accelerate the loan coming due.
by BillyK
Mon May 14, 2018 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Am I working with the wrong realtor?
Replies: 22
Views: 2935

Re: Am I working with the wrong realtor?

Once there is a pending contract, it is usually between the seller and listing Realtor whether they will take backup contracts. If it is a solid buyer, it would in all likelihood be a waste of your time to submit a backup offer since it is unlikely the agreement will fall apart. If it is a shaky agr...
by BillyK
Sat Mar 31, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Does agent get paid if property taken by eminent domain?
Replies: 13
Views: 2250

Re: Does agent get paid if property taken by eminent domain?

I have been a right of way agent for +25 years, and I have never seen or heard of a real estate broker receiving compensation for a property acquired by a condemnor under the threat of condemnation on which an active listing existed. I have acquired many parcels through the years in numerous states ...
by BillyK
Thu Feb 01, 2018 1:09 am
Forum: Personal Consumer Issues
Topic: New or used vehicle for new graduate with job?
Replies: 31
Views: 1771

Re: New or used vehicle for new graduate with job?

He needs to know whether he will be driving a company vehicle or his own on the projects, and the types of projects that he will be working. I have worked for many years on both highway and transmission line projects throughout the country. Nearly everyone including the engineers drives pickup truck...