Chad U.
Mortgage or Loan Charge-off
2 October 2017 | 5 replies
The AOM and Allonges are all there, but I discovered the selling entity is a debt collector (this purchase is through a broker).
Brian Pyle
Trouble Locating Current Holder of 2nd Mortgage
5 January 2013 | 9 replies
There is a NP 2nd mortgage on the property that I would like to either purchase or negotiate a lien release for some fraction of the unpaid balance, prior to the DIL.The 2nd lien has no equity backing and the last AOM that I can find lists an address that is no longer current.
Mike Franco
does vinyl plank really stand against abuse?
14 February 2020 | 8 replies
And just to follow up on the above, on a quality LVT with a good AO finish I have smoothed the edge of a quarter before in front of my dealers.
Jamie Bateman
Note investors - how do you structure your joint ventures?
20 August 2019 | 10 replies
For larger investors with multiple loans, I do a collateral assignment agreement, along with unrecorded AOM's/allonges in their entity name that are held by the custodian.
Devon Cornwall
[CANADA] Private Offerings
25 May 2019 | 3 replies
The issue I'm facing is how to make a OM that fulfills legal reqs.Do you invest in the US or Canada?
John Matthews
Contingency - Approval of Investment Partners
16 April 2015 | 1 reply
Does anyone make their AOS dependent on the approval of their investment partners?
Brandyn Dietman
Newbie needs advice of first deal!
31 December 2015 | 6 replies
(However, be careful, because you dont want to be known as someone who does not follow through on A/O).
James Mcgowan
Estimate a/o average sq ft bld cost for a small t'home community
10 December 2015 | 1 reply
Greetings forum,I'm reviewing a possible, "smallish" - 26 units, townhome development for a client. The land is about 90% developed with major utilities in place including sewer, and most concrete in place in terms ...
Gordon D.
How to structure this opportunity?
15 July 2015 | 2 replies
I suggested assigning the AOS as well but I think he's concerned that the current Owner will not sell it when they see that he's making a profit above what they're selling it to him for.The offer to him is a consideration because it was his mother's house and is adjacent to his current residence.In the event that we go this route, how would you suggest we write the assignment?
Daren H.
Note Holder Filed Appointment of Substitute Trustee and Acceleration of Maturity
14 July 2015 | 2 replies
What are typically the next steps (and timelines) in the foreclosure process after the AoST and AoM documents are filed?