We are supposed to close on a foreclosure on Tuesday, just received teh Preliminary Opinion of Title and we have a problem...Under TAX SALE PROCEEDING DEFECTIVEIt states The Tax Sale Proceedings are defective and title is not marketable.

If that doesn't look possible I may investigate immediately selling this in a wrap mortgage.

I was just investigating that area.

Now I know from investigating your markets that there are many, many cities in the USA where yields are 10% or more for SFRs.

Now that you find yourself in this investment there are some things to investigate.

But when someone stands to make money by you doing a deal, especially if they make money whether you do or not, you need to watch out for being pushed into a bad deal.Have you investigated hard money?

Quick closings call (your name) @555-1212•Start calling for “sale by owners” out of the classifieds and ask them all the questions you can up to the point that they have had enough or you find that it is not of interest to you or to schedule to meet them at the property to further investigate.

This system has some innovative and unique qualities not possessed by any of the current online database companies and is designed specifically for your industry and is used by thousands of Private Investigators and Collection companies.All Skip Searches and Public Records are $1.00 per product searched.

The numbers on this sound good and you should investigate further.

If they are wise they will then perform their own investigation into the property to verify that it fits their investment needs.