They release the collateral back to you.

I'm an overseas investor that would want to invest some of my own cash, buying houses in bad to very bad condition, renovating them to good to very good standard and then renting.But would like my dollar to go a little further and be able to get some lender willing to refinance those refurbished properties in order to release equity to purchase some more properties.Hope to hear from you soonThanks

Every now and then people release a package for the Mac and some aspect of RE.

Having said all that, there may be a glitch in clearing the title - again, if your agent can find out who the local closer is (through the listing agent) - he/she may be able to ascertain through them, if there is any title issue causing the delay.I've done that too and found in one deal of mine the seller - Countrywide - had not filed the foreclosure title transfer with the county yet, so the county could not release the sale.

Heads up people who own a cell phoneCell phone numbers going public todayREMINDER....all cell phone numbers are being released to telemarketing companies tomorrow and you will start to receive sales calls.....YOU WILL BE CHARGED FOR THESE CALLSTo prevent this, call the following number from your cell phone:888-382-1222.It is the National DO NOT CALL list.

*2) "Pending release." - is that something to worry about from the buyer's perspective?

I just heard today, somewhere (I think it was on Dave Ramsey's show), that Notices of Default (NOD) are up like 15% over the last month or so and banks are releasing a bit of inventory into the market.

If the tenant has a signed release on the app, the apartment complex should be willing to talk to you.

You should do an escrow agreement with YOUR attorney and provide instructions to release those contracts as appropriate in the event of your default or demise.

In fact, you'll find in many PM contracts an indemnification clause releasing them from any liability not stemming from negligence.