Pete Daoust

Jul 15, 2013 5:12 PM
leverage 1) n. the use of borrowed money to purchase real estate or business assets, usually involving money equaling a high percentage of the value of the purchased property. 2) v. to borrow most of the funds necessary as a loan against real estate to buy other real estate or business assets. The dangers of high leverage are over-appraisal of the property to satisfy a lender, a decline in the value of the property (which may have been purchased during a period of high inflation), high carrying costs (interest, insurance, taxes, maintenance) which exceed income, vacancies, and/or inability to finance improvements to increase profits. Too often the result is the collapse of "paper" real estate empires which have been created by risky leveraging.


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Last Updated: Jul 15, 2013 5:12 PM
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Pete Daoust

Jul 15, 2013 5:12 PM
? :/


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Erik Aguilar

Jul 16, 2013 3:36 AM
Okay to re iterate if I were to send in a notice of mistake, what would be the best way to deal with a public interest warrant without further consenting to anymore of their court proceedings? LIke getting another promise to appear for example


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Last Updated: Jul 16, 2013 3:36 AM
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Pete Daoust

Jul 16, 2013 3:41 AM
Why would you send a Notice of Mistake and WHERE ?


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