Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.

In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.

So, we file to foreclose, the borrower file BK, and we go through 2 years of BS.  

You could try filing a case/judgement against them but I’m guessing they ar leaving the area to screw over the next MTR landlord.

Hello everyone,I am from Alexandria, VA located at the border of Washington DC and Prince George County, MD working for a kitchen and bath remodeling company since 2017 known as European Granite Design that also fabricates granite, quartz, marble and quartzite countertops since 2003.I'm experienced Sales and project manager also designs kitchens & bathrooms for remodeling.Using my expertise and connections I want to start working for myself flipping old condos or houses in the Washington DC, Maryland and Northern Virginia (DMV) area.

Without going into too much detail, my current situation stems from selling a previous company via partial owner financing, only for the new owner to default on the purchase, leaving me in this position.For traditional financing, I understand I’ll need at least one, if not two, years of solid credit history, tax filings, and other financial documentation.

It has to be filed by either myself or an attorney representing me.

To sum up what everyone is saying and what we do:- notify the tenant to call the police next time to file a noise complaint.- Send emails and texts to all tenants in the building reminding them of "quiet enjoyment" and respectful behavior to their neighbors.- Avoid being the mediator, judge, and jury

Is this for props that have a foreclosure filing against them so you can get to the actual owners for a pre foreclosure purchase ? 

One of the major driving factors for increased premiums is the carrier's requirement for higher replacement cost limits on file for buildings.