Another is, I don't know certain technicalities, one being if the owner owes in property taxes, does that automatically come out of their proceeds?

You can certainly get wealthy but not by working 1 hr a week and watching your accounts fill automatically with money.Real estate takes work especially when you are starting out with little knowledge, no contacts and little idea of what a solid real estate deal really is.Another false image is that you can be buying properties with little to nothing down on a regular basis.

BTW, in my State, California, it is not automatic that a property will be probated when the owner dies.

The HOA covenants state that if you do not get a response from the architectural control committee within 30 days, that it is an automatic approval.

I know many policies automatically stick personal property coverage in as a percentage of the dwelling coverage amount.

The agent I have been working with automatically computer-generated this listing.

In the Land Trust, the Beneficial Interest is not an interest in real estate, therefore a judgment against you personally will not automatically attach to your properties.

Appraisals can be ordered online and check status 24/7, receive automatic updates as stauses change and read real time updates as they occur.

Just understand that a borrower behind does not automatically translate into a smooth short sale process leading to a bargain.John CoreyOriginally posted by "sachin_emma":Hi this is the first time i am buying a house i like the house and before i could place a offer on house, i found out house is going through preforeclosure.House was listed at $159500.

I have an automatic extension in my contract if the property has title issues.