Originally posted by Account Closed:When an investor put in an offer, they should show the agent their bank statement, they have the cash funds to close and the seller might take you serious. 

They will open escrow, do a title search, lien search, issue a title insurance policy, calculate pro-rations, order payoffs, prepare a settlement statement, record the deed, etc. as part of the closing process.I AM ONLY EXPLAINING THE PROCESS HERE...THE FOLLOWING IS NOT TO BE CONSTRUED AS LEGAL ADVICE, WHICH I AM NOT QUALIFIED OR LICENSED TO GIVE - CONSULT AN ATTORNEY FOR THAT.But, yes, assuming your contract calls for clear title (a good example is the Florida Realtors Vacant Land Contract, paragraph 7), then yes - you could conceivably make an offer using similar terms, and once you and the seller have agreed to terms and signed the contract, you could take the contract to the title company and they would work their magic.The title company would let you and the seller know what they uncover during the title search, lien search etc., and the onus would then be on the seller to settle any outstanding liens at closing (assuming they are less than the purchase price, they could come out of the seller's proceeds on the settlement statement and be paid by the title company).

WHY because as hardmoney lenders they have more control over there capital.I have been one over the last 30 years my last shop was 35 million so we were not tiny but we were not SEattle funding either.. more on the line of East side or vestus.Borrowers just don't jump ship for 1% or a little cheaper.. they will stick with who will allow them to scale.so when I want to do a 100% deal for one of my long time borrowers no problem. your not going to be able to compete.. the day of 20% plus rates are gone of course.But the portals all want to make 14 to 18% apr just like the HML companies.Can you take market share no doubt but you will have to build it just like I built my companies excellent customer service and flexibility.. right now the Portals like RS have very stringent underwriting they cannot compete with many of the local guys in this market that have 10 to 30 mil to lend. and there is only so much hard money demand in a given market as we know.Vestus and East side get a lot of their business by providing capital to buy at courthouse steps this is highly complicated and lots of moving parts your portals will no way be able to compete at that level.Were I can see a portal doing well though is with bigger funding deals that the HML won't take on.. like larger credit type lines etc we have had some interest from portals for this.. and its not at all competition with the local guys.

(they will see this easily on your bank account statement) When I say you need to save up for the 3.5%, you really need to save it or get it in the form of an approved source for FHA downpayment assistance.

Environmental Protection Agency estimates that toilets consume 27 percent of indoor water usage.Property managers and landlords sink 25 to 35 percent of their operating costs into utilities, while water costs, in particular, are up an estimated 200 percent in the past 15 years.Meanwhile, small, barely noticeable leaks may add $900 to yearly water statements, with larger leaks totaling, in some cases, $4,000.

Also the same color scheme makes the property took larger IMO.

If it were assignable that could work with your fee showing on the HUD Settlement Statement.

Take a credit card statement or something legit showing your scores.If you have good references from past clients, get it in writing.

@Edwin PinaIf you are an "investor friendly" Brokerage, then you work with ALL types of investors and, like us, are investors themselves.If that is the case... and not just hype, then the three suggestions are inherent to doing business.In our case, we are a larger HUD Brokerage, and because of that have a strong relationship with a HUD approved Title Company with multiple offices who can do a number of things:Mail away closings - We support investors as far away as NorwaySimultaneous closings - We work with a number of wholesalers so this is vital.

I had to write a signed statement stating that I wasn't married to my mother (we own two properties together) and that she was my mom and not my wife.