He must also pay off all other outstanding certificates that were sold, and he gets this back through the sales proceeds, assuming it sells.

The question on secondary market loans is how many loans do you have outstanding not how many properties you might be in title to.

In a time when the risk free rate is around 2%, that's an outstanding return with very little risk.A couple of people have mentioned lending from the SDIRA.

Now, use the FV formula in A6 to compute the outstanding balance:=FV(A1/12,A5*12,A4,-A3)This time we use the value from A5 as the years, five in this case.

., outstanding background, were you doing the backroom ops in KY?

Also, in most states a deed in lieu is considered full payment of the outstanding debt, in Texas it must be stated, but in any state, it is always best to state on the Quit Claim Deed that...This deed is given for the full satisfaction of debt....

The lender can usually require you to reduce the amount outstanding in part as well, say your home value is viewed as falling with other properties in the area, they may require the same loan to value remain constant or be reduced.You need to read HELOCs carefully!

Apparently, the site was once used as a dump site for a nearby highway demolition and reconstruction project years ago.

If the roads were that bad I would direct the person to call the highway department.

I look at sales comparables and population/demographic trends, and look over the area on a map and on Google Earth.Second, I contact the local citizens with regards to the building and if possible, the previous ownership.Police Department can tell me insider's opinion and can give me a breakdown of crime in the area.Fire department - have they had any emergencies at the building recently.City Inspector - are there any outstanding violations?