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Form 3921 Lowell Massachusetts: What You Should Know
For more information on the Assessors Department, or to access the online forms, click here. For more information on the Water Department's forms, go to their website. LAW ENFORCEMENT, RECORDS MANAGEMENT, TAXES RECOMMENDATION: If you have been in the business of renting real estate for at least five (5) years you should consider the following: You should hire an attorney with experience in foreclosure and court. You should not attempt to pay a delinquent homeowner on their home unless you have a copy of their wills. If you do have a copy of their will, you should also consult with an attorney first before proceeding. If you are unable to hire a qualified attorney, then there are other options for paying your delinquent homeowner. The most effective one is a “Homeowner's Association Assumption,” or “HOA Assumption” as it is commonly called in the real estate industry and known as HOA. Most real estate attorneys recommend that homeowners not pursue the foreclosure for homeowners who want to avoid paying all of their mortgages. In this case they would have to foreclose and buy their homes back from the HOA. This can be an expensive process and many homeowners decide against it. If you are interested in an HOA Assumption, we highly recommend you contact us immediately before you start paying the delinquent homeowner. The cost of such an HOA assumption is 750 to 999, depending on the size of the property. We will pay this amount to the homeowners and the HOA. You will then be able to start to pay the delinquent homeowner directly to start a new lease on their home. OTHER PROBLEMS If you are a landlord on a residential rental agreement you should be aware of these issues: Rents can rise dramatically during certain times of the year. For example during the hot summer months and the cold winter months in New England. See our list of Rent Increases and Tenant Rights for more information. The rent payment can vary in the same room in the same building depending on the size of the room. This is referred to as the “Double-Dipping” and is common in large buildings.
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