@Donny Widjaja  since your being asked to just loan enough money to make payments on the existing first mortgage . you would simply be doing a unsecured Promissory note.Although not tagged to a property there is no defense for non payment and a judgement is easily gotten ... caveat is that this person actually has some assets which sounds like he probably does not since he needs to borrow from you to make payments .unsecured prom notes to a very qualified a borrower are fine.. second loans behind construction loans are not are not advisable in any scenario and can very well be a event of default on the first loan.

(You could make them get this notarized if you have any concerns.)

She is now needing to sell it without the title and will write a bill of sale that will be notarized by the bank. 6.

This is how the document is worded..by him.. and I had it notarized at the Bank.."

-if not, are you backed by Fanny Mae, or Freddy Mack?

Are you required to get each contract notarized?

This particular property is owned with a business partner, we simply filled out the quitclaim deed stating transfer from our personal names to the LLC, had it notarized, then filed it at the county.  

I'm trying to get extensive electrical work done on a rehab and I signed and notarized the notice of commencement so the contractor could pull the permit and they called me on Friday at 4PM and told me I had to file it before they started on Monday...I have NEVER had a contractor tell me I had to file especially when the job is over $6500...that should be up to them ...I do not even know where to file it...am I wrong ? 

Get ready to go to settlement, the trustee will have to advertise for three weeks the results of the sale, this may take two weeks to get it publicized, settlement will be scheduled, you will be notified of how much you need to bring; settlement cost, interest on the unpaid balance, title cost, lien report and what ever else they can charge you; review, coping charges, notarization charges.

Base your offer price from the operations and cash flow of the property to decide whether this is in fact the a good deal or not. Are