All Forum Posts by: Marc Roberson

Just met with two leads today. They both appear motivated. So far I have

> sent out leads

> researched the property

> met with the executors (both homes owned free & clear)

Now:

when do we sign the purchase contract with the agreed-upon amount (at the initial meet or wait a week & hear back from investors?)

what do we do after getting the contract signed? (send paperwork to the title office & talk to them about closing?)

Essentially I am asking, step by step, what to do. The first three steps I have basically. I am chomping at the bit now because I believe I have two very motivated sellers. One's heirs live out of states & the other just wants to offload it. 

Please correct, add to or demolish these. Just from what I have gathered so far. Steps:

-Contact leads

-Get information on house & see it

-Agree on price

-Get under contract

-Set up the close

(Title & Buyer stuff, not sure when)

As title mentions, just sent out 60 letters. My county's records are all online and the counties around me. Someone who does this said 20/week was a good amount. 

Do you also call the fiduciary or just mail them? all of their numbers are also listed.

I am in Butler County, Ohio. I know that with a foreclosure sale, there is obviously still a lein. However, and after exhaustive phone calls to the county SO, Clerk of Courts & auditors' offices, no one knows or will give that answer because it is "legal" advice. I was then directed to a website that doesn't work or wont return any results even when i input the data correctly. To me this is a very simple question...  yes or no... but not to them apparently. 

Can anyone shed light on whether bank liens are still attached after a tax sale in butler county ohio?

After i take out funds to pay off the credit cars used to rehab, a few thousand to finish some odd-jobs and put some cash back in my pocket that i used to pay off the house, there should be 21k left on this "flip." Basically I am trying to take this 21k & figure out the best way to put it to use to make more money with another home purchase & flip, tax sale & flip, or any other method. thoughts?

all help is appreciated.

& does it typically wipe out any bank or other lien? Asking because my county has many tax sales they do once a month & before I go buying anything I want to get clarification first