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- ‘Subject to’ is DEAD (it’s over, lenders got smart) #subto
‘Subject to’ is DEAD (it’s over, lenders got smart) #subto
Summary
Sean Rakidzich discusses why 'subject to' real estate deals are becoming increasingly risky and potentially fraudulent, especially with rising interest rates and mortgage lenders actively trying to claw back older mortgages with low interest rates. He argues that engaging in 'subject to' deals can lead to criminal charges, and that it's essential to stay informed and avoid being misled by deceptive online ads or influencers.
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This article in Financial Mail focuses on the evolving regulatory landscape for Airbnb in South Africa, offering a deep dive into the specific rules and regulations that hosts must adhere to. The piece likely covers permits, tax implications, and potential restrictions. It's crucial for South African hosts to stay informed to avoid penalties and ensure compliance with local laws.
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