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February 24, 2009 at 11:35 AM in reply to: Need advice: Doing business with potential partner #353527February 24, 2009 at 11:35 AM in reply to: Need advice: Doing business with potential partner #353840
DataAgent
ParticipantPartnership agreements don’t need to be formal. Basic everyday text will work:
1. Who does what?
2. Who pays for what?
3. What happens if things don’t work out?If you and your partner can’t put together a basic written agreement now, don’t get started. The relationship will only get worse in the future.
February 24, 2009 at 11:35 AM in reply to: Need advice: Doing business with potential partner #353973DataAgent
ParticipantPartnership agreements don’t need to be formal. Basic everyday text will work:
1. Who does what?
2. Who pays for what?
3. What happens if things don’t work out?If you and your partner can’t put together a basic written agreement now, don’t get started. The relationship will only get worse in the future.
February 24, 2009 at 11:35 AM in reply to: Need advice: Doing business with potential partner #354002DataAgent
ParticipantPartnership agreements don’t need to be formal. Basic everyday text will work:
1. Who does what?
2. Who pays for what?
3. What happens if things don’t work out?If you and your partner can’t put together a basic written agreement now, don’t get started. The relationship will only get worse in the future.
February 24, 2009 at 11:35 AM in reply to: Need advice: Doing business with potential partner #354106DataAgent
ParticipantPartnership agreements don’t need to be formal. Basic everyday text will work:
1. Who does what?
2. Who pays for what?
3. What happens if things don’t work out?If you and your partner can’t put together a basic written agreement now, don’t get started. The relationship will only get worse in the future.
DataAgent
ParticipantIf you like the house and the price, you may be the perfect short sale buyer. Depending on the lender, short sales can take months and be a roller-coaster ride while you’re waiting. I’d get good 3rd party advice. Maybe hire a real estate attorney to look over your deal. There’s always the possibility the lender forecloses and you end up with an eviction notice.
DataAgent
ParticipantIf you like the house and the price, you may be the perfect short sale buyer. Depending on the lender, short sales can take months and be a roller-coaster ride while you’re waiting. I’d get good 3rd party advice. Maybe hire a real estate attorney to look over your deal. There’s always the possibility the lender forecloses and you end up with an eviction notice.
DataAgent
ParticipantIf you like the house and the price, you may be the perfect short sale buyer. Depending on the lender, short sales can take months and be a roller-coaster ride while you’re waiting. I’d get good 3rd party advice. Maybe hire a real estate attorney to look over your deal. There’s always the possibility the lender forecloses and you end up with an eviction notice.
DataAgent
ParticipantIf you like the house and the price, you may be the perfect short sale buyer. Depending on the lender, short sales can take months and be a roller-coaster ride while you’re waiting. I’d get good 3rd party advice. Maybe hire a real estate attorney to look over your deal. There’s always the possibility the lender forecloses and you end up with an eviction notice.
DataAgent
ParticipantIf you like the house and the price, you may be the perfect short sale buyer. Depending on the lender, short sales can take months and be a roller-coaster ride while you’re waiting. I’d get good 3rd party advice. Maybe hire a real estate attorney to look over your deal. There’s always the possibility the lender forecloses and you end up with an eviction notice.
DataAgent
ParticipantI like Stonebridge. Great views. Nice location. Poway schools. However:
1. Lots of early owners are underwater big time. Neighborhood stability is years away.
2. High Mello-Roos and HOA fees. $600/month and up are fairly common.
3. Hot summer temps. Cooling a large Stonebridge home could be costly.DataAgent
ParticipantI like Stonebridge. Great views. Nice location. Poway schools. However:
1. Lots of early owners are underwater big time. Neighborhood stability is years away.
2. High Mello-Roos and HOA fees. $600/month and up are fairly common.
3. Hot summer temps. Cooling a large Stonebridge home could be costly.DataAgent
ParticipantI like Stonebridge. Great views. Nice location. Poway schools. However:
1. Lots of early owners are underwater big time. Neighborhood stability is years away.
2. High Mello-Roos and HOA fees. $600/month and up are fairly common.
3. Hot summer temps. Cooling a large Stonebridge home could be costly.DataAgent
ParticipantI like Stonebridge. Great views. Nice location. Poway schools. However:
1. Lots of early owners are underwater big time. Neighborhood stability is years away.
2. High Mello-Roos and HOA fees. $600/month and up are fairly common.
3. Hot summer temps. Cooling a large Stonebridge home could be costly.DataAgent
ParticipantI like Stonebridge. Great views. Nice location. Poway schools. However:
1. Lots of early owners are underwater big time. Neighborhood stability is years away.
2. High Mello-Roos and HOA fees. $600/month and up are fairly common.
3. Hot summer temps. Cooling a large Stonebridge home could be costly. -
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