All Forum Posts by: Darren Finney

Hello BP! I’m looking for investors or Realtors in the Brown County, Indiana who have a reliable and trustworthy GC that they can recommend. Thanks for your help!

@Account Closed how about tonight at the Central Indiana Real Estate Investor's Association meeting?  Starts soon, get moving!

Welcome Will - I second what Melissa said above, get to a CIREIA or INREIA meeting and start learning who's who and what they can teach you.

What's the cost per search, required lead time, and what counties do you service?

Have you been to any of the sheriff sales around here before?

@Adrien C. thank you - that's great advice and cleared up the muddy waters for me.  I appreciate you taking time to help me out!

Thanks again,

Darren

@Bob Hinrichs Thanks, finally got back to my computer.  Didn't realize this was a mobile home before, but I'm not interested in those.

Thanks anyway - good luck with it.

Bob, what's the address on this? I'm stuck using the mobile app and can't see any of that information.

Hello BP! I'm researching some pre-foreclosure properties in central Indiana and found something odd regarding a Quitclaim. Namely, the person who is being foreclosed on gave up ownership of the house several years ago via quitclaim to another person that does not appear to be a family member. I'm assuming this triggered the due on sale clause for the bank, even though that took years to actually occur. Regardless, the bank is foreclosing on person A but person B believes they are now the owner of the house regardless of person A's foreclosure. I'm assuming that person A had no legal authority to "sell" to person B without paying off the mortgage so in my mind that should make the Deed for the Quitclaim null and void. My questions are: 1. Is the Quitclaim Deed legitimate since person A still has a mortgage on the property? 2. What happens to person B if I am able to buy the house from person A? Do they have any legal claim to the house? 3. Will a Quiet Title suit clear this sort of thing on the chain of title? Thanks in advance!

Check out Erin Donlan on BP -