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Desperately need advice on Auction property / Mortgage
14 October 2021 | 8 replies
If HOA, the property may be in a super-priority lien jurisdiction where only a portion of the HOA lien has priority and the foreclosure of that lien does not extinguish any mortgages.A mortgage originated in 2006 would likely not mature until 2036... and if payments (principal, interest, taxes, insurance) had not been made for some time (especially on a neg-am loan), the current balance after escrow shortages and forced place insurance coverage could easily have mushroomed to $250k.Only the mortgagor (and the property itself) is responsible for satisfying the original mortgage debt... until a successor in interest acquires property subject to that mortgage, in which case it's still not the personal debt of the purchaser but simply attached to the property.Need more info here to be helpful.It was a HOA auction there was a judgement for 4911 that was never paid plus some outstanding dues (rumored to be 18k) but the HOA sent me info only asking for last 3 months of dues so farI have a ton of information on the property basically everything but any info on the current mortgage status (deed, original mortgage, mortgage assingment etc) I just don't want to post something that would be sensitive to the previous owner Until a successor in interest acquires property subject to that mortgageabout this section specifically, does that mean I could inherit the mortgage?
Robert Laird
Cascadia Fault / Juan de Fuca Plate predicted earthquakes, have impact on West Coast Real Estate markets?
17 July 2015 | 7 replies
All thoughts and comments are welcome :)Quotes:"Most people in the United States know just one fault line by name: the San Andreas, which runs nearly the length of California and is perpetually rumored to be on the verge of unleashing 'the big one.'""
Garrett Fulton
Section 8: HUD changing FMR in the near future?
26 June 2015 | 13 replies
Rumor has it that one landlord is refusing the applications of potential renters whose names begin with the last letters of the alphabet that are assigned to a particular case manager, because that case manager has become notorious amont landlords for approving rental rates consistently lower than those of her peers.
Josh Calcanis
Amazon HQ2 - REI Opportunity?
13 November 2018 | 208 replies
I'm sure many rumors will be flying until then.
Matthew MacDonald
Seller Will Not Negotiate
30 September 2014 | 18 replies
Marie Poe...rumors of your demise were greatly exaggerated!
James Park
Greatest Population and % Gain and Loss MSA between 2010 - 2015.
7 April 2016 | 15 replies
I have also heard some rumors of affordable-housing projects being put in great market areas (IE: Tanglewood area) and see a rise in houses on the market perhaps as a result.
Josh West
Real estate student trying to get started in Portland Oregon
28 October 2020 | 13 replies
I know I have a season pass from last year that I heard rumors they will give a discount for.
Steve DellaPelle
Is there any shame in paying rent as a REI?
19 December 2017 | 28 replies
I took another look at the plaque and the professors name is on it, near the top, as it was in the order of the amount contributed.I mentioned it to one of the doubters who started the rumors, and needless to say, he was shocked.
Darwin Crawford
Finding my WHY in the face of adversity
5 October 2017 | 10 replies
Rumor has it they change the game....and you're completely right, the efficiency thing is yesterday's news.
Bryan Beal
COVID-19 vs. Basic Freedoms
30 September 2021 | 321 replies
Stop listening to rumors and fake news.With all the complaining, I don't see anyone talking about what would happen to their precious job if we had stayed the course.