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Denise Simmons
  • Corpus Christi, TX
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Found a house and land with two credit card leans

Denise Simmons
  • Corpus Christi, TX
Posted Jul 5 2013, 09:20

1) I have a friend that has a house and land that her and all of her sisters-in-laws and brothers-in-laws have been trying to sale for years. They had it on the market for a year. Then come to find out that one of the brothers-in-law(which title is in his name) has had a child support lean on it(which is now dropped from finding a job) but there is now two credit card leans on it. One of the sister-in-laws is only paying taxes on it.

Is there a way to help them get this place sold, or are they sitting ducks till credit card loans are paid off?

2) Same friend parents have a rent house they are now wanting to sale. They are doing all the repairs themselves. The friend told me they are going off a house down the block from this house sold 10 years ago for $135,000.00, which that is the price they are asking for now. Is there someplace to compare the houses to "TODAYS" prices, not years ago?

I am a newbie(trying to learn on my own) to all of this investing, wholesaling, and flipping. So I greatly appreciate any advice given.

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