Hello BP,First time account holder, but long time lurker in Columbus Ohio area.

Hi All: I have recently been granted my California Real Estate Salesperson License. I got it mostly for investing in rental property for myself, and wouldn't like to pay huge fees. For example, I am currently looking ...

He should have run a prelim title report to identify junior lien holders, as tour your offer may have to be structured differently to deal with them, ie. lower purchase price as you may have to contribute additional cash to satisfy am junior lien.There’s too much to learn for You to know everything involved.The list price is irrelevant, the price the bank will eventually accept is what matters.Worst case, get a contract executed, provide a legit POF or preapproval, see where the bank comes back.

I was trying to refinance my home that was owner financed we almost had it done  through Quicken Loans but there was a problem trying to verify the on-time payments I paid on time for the last four years but because it didn't know that you're supposed to keep all the records and my lien holder is from old school and she did not want nobody to look at her bank statement that shows that we  have been depositing monthly payment into her bank account every month is there anything or any company out there that can help me to refinance my home.

Hi @Jibu Vergis-What I have found is that lenders do not want to be the second mortgage holder on an investment property. 

@Ned J.That is IRA funds cannot be leveraged for property personally owned by the IRA holder or his or her business.

The title company or lawyer you’re using distributes the funds at closing to the lien holders in corresponding position then the seller.

Add as an additional insured on your policy B. make them get their own policy with you as add'l insured and your lender listed as primary lien holder, your note in 2nd placeC. keep your policy and make them get their ownThe lender is where insurance gets tricky on wraps.

The mortgage company still has to see the mortgage holder on the insurance.

I got a call from my title company saying that they cant issue a clear title, do to it having a tax lien on the property and the tax lien holder is now deceased and didn't sign over their rights before they had past.