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All Forum Posts by: Cynthia Rinne

Cynthia Rinne has started 1 posts and replied 5 times.

Post: Seller Financing

Cynthia RinnePosted
  • La Quinta, CA
  • Posts 5
  • Votes 0
Originally posted by @Matt Robinson:

The quickest (and FREE-ist) way to do it, is just go on your county clerk's office website (google: name of your county "clerk of the court").  If you are unlucky enough to live in a technologically backwards area that still doesn't have public records online, you will unfortunately have to actually drive down to the courthouse to do this.  However, if it is online like in most counties, go to your public records search and select a date range, and use "SATISFACTION OF MORTGAGE" as your document set.  You'll have to dig a little bit to see if it's just a 2nd mortgage being satisfied or a refinance that satisfied the old mortgage, but it's a good place to start.  

Of course, the easiest way is to just buy a list, but I know that sometimes newbies are on a limited budget and would rather spend time doing the research themselves, so this is a good option.  It will also help you get familiar with your county clerk's website, which can be an absolute treasure trove of motivated seller leads, as most counties allow you to research probate, evictions, divorces, etc.  Good luck to you!!!

 Hi Matt,

I tried to do this on my county's website and it is asking for $6.50 per record to even view it.  In this case, would I have to go to the courthouse to view for free or do you think that this may not be the true website for the public records?

Thank you for your input.  

thank you @Account Closed  it really helps to hear of alternatives especially in Ca. I will check it out :)

Thank you @Account Closed!  I will check those out :)

Thanks to everyone who commented.  Very helpful information!

@Matt Groetelaars the area I am considering is Yucca Valley, CA.  Although now I'm wondering if it might not be a good idea.  Do you know of any areas in CA where there are deals AND good property managers? :)

Hi,

I am preparing for my first investment property for a rental :)  Due to the high cost of where I live, I will have to buy about 1.5 to 2 hours from my home.  The google plus and Yelp reviews are disappointing.  I know you have to take the reviews with a grain of salt, but it makes me nervous since I know that a bad property manager can really do a lot of damage.  I looked on NARPM.org and there are NONE in that area.  There is one property manager that is about 30 miles away.  I don't know of any investors to get referrals from.  

Any advice for minimizing the risk in choosing one?    

I'm assuming a contract is signed.  Is it possible to get out early if you are unhappy?

Any thoughts on taking on the PM aspect from a distance?  I work full time. I am in real estate for my job so the leasing aspect doesn't scare me, I have access to the forms and people who can help with that.  Just wondering how to handle showings and maintenance since I work 8-5 M-F.    

Thanks for any help!