@Christie Gahan the bill is for her who is the seller of the property.

House is located in Corpus Christi, TX.I normally purchase properties at 40-60% ARV but want to see if there may be a way to make a buck or two off of this property.

Are you actually talking about a Trust, with a written Trust Agreement, with a Trustee, with a Beneficiary, with a Corpus?  

@Christy Delaney:Hi Christy, welcome to BP.

Thank you, Christi! 

Christie- Thanks for ressurecting my thread.

Where I live, Corpus Christi, we dont have that many underwater loans, even if the homes were purchased just a few years ago, they still usually have some small amount of equity in them.Ill give a general example of what Im looking forHouse is worth 100kFirst loan is 80 kSecond loan is 20kHomeowner is 4 months behind (here in TX, 4mos, can be foreclosed upon)Get thirdparty authorization, negotiate w 2nd loan, advise that home is about to be foreclosed and they wiped.

I have a younger brother that attends college in Corpus Christ Tx.

Does anyone know of a title company that will do a double or simultaneous closing in the Corpus Christi, Tx area?

@Stephen BartonAwesome Article Bud, It has been such a bless to work with and watch you and Christy grow these last couple of years.