All Forum Posts by: Alex Arroyo

@Darlena Jones

Thanks for the reply and conformation. An yes I tried the county assessors website and pulled up the file but it does not include if the loan was satisfied or not. It only states the bank or who ever gave the loan and the amount of the loan. Some of the files are 2 pages and some are like 10!  I want to do my homework so I can make the best possible offer for all parties involed, and not leave money on the table and I also don't want to get get burn.

Hello everyone,

I posted this up on another forum and got no reply so I'm gonna try on this one. 

My question today is what is a collateral Mortgage? As I was doing my homework in checking if ther are any lien on a property, I came across this? I'm assumming that it's a loan that they took out and put the property as collateral? Am I correct? My next question would be how do I go about finding out if the loan was saticfied or is still owed? Any imput would be greatly appreciated, Thanks!!

Hello everyone,

My question today is what is a collateral Mortgage? As I was doing my homework in checking if ther are any lien on a property, I came across this? I'm assumming that it's a loan that they took out and put the property as collateral? Am I correct? My next question would be how do I go about finding out if the loan was saticfied or is still owed? Any imput would be greatly appreciated, Thanks!!

Here is one that I found on google. Maybe It's like what your asking for. http://www.c21propertymogul.com.au/

 Sorry for the double post still figuring the site out!! But thanks for the reply! I was confused but now a lil excited. The attorney's office is 5 blocks from me. Wait what if he has it for sale already, Which he does? But it's been sitting for 55 days. Not sure if it's his asking price or something else is going on. Due diligence is in full affect! So many questions so many variables or maybe it's just me over thinking or analyzing things!

If I may ask a few questions on the Probate side of RE, an any feedback would be gratefully appreciated.

My first question is....What do I do if the attorney is the administrator of the home as well? Do I pursue as normal, as if he/she was just one of the hiers? If I'm not mistaken I believe he was a RE Agent as well if that makes any diffrence.

2nd.....Would it be smart to look at properties that the addministrator still lives in the home or for the ones that live away from rhe property? I'm guessing both would be fine, but which one produce more deals? 

3rd.... I want to thank those that give the great advice, webinars, and all the other well detailed advice. It's well appreciated. But if I may ask those that do webinars if they could "PLEASE" make a video that shows step by step live clips of the proccess. From making or recieving the call of a potential lead, then thru the numbers,the house rehab evaluation, the negotiations calls, then the paper work, closing and finally payday!!! Sorry that I'm asking for so much, but it's only because I understand the concept of everything I have read and research and I get it I do, but I need to see it being done. I'm a visual person if I see it I can do it! Plus I know many newbies like myself would appreciate it to get over the fear of what to do and how to do it. Some people can research and study all the want but never get started only because of that fear. Help me and many others get over that fear. I know many investors make deals together on here so let's make this happen for the newbies!!

Many thanks in advance for any and all replies!