Dual agency is when the agent is representing both sides of the deal.

The court can issue a 1099 (to the borrower) for the difference or they may send the borrower to a collections agency, or even garnish the borrower's wages.In regards to foreclosures, Trust Deeds are a written instrument legally conveying real property to a trustee (or a third party) used to secure a mortgage or promissory note.Trustee's SaleA sale conducted by a Trustee, in the case of foreclosures, this refers to the sale of the property in question.Notice of DefaultWritten notice sent by a lender notifying the borrower that he/she has not met his/her obligations under the loan contract, and the lender may take legal action to enforce said agreement.

She has been working in the foreclosure realm for many years, her agency gets a lot of the distress property listings in the area, and she has expressed willingness to slip me leads before they hit the public realm.

I have tried searching the papers….but didn’t get the right ones; I would like to know any resources like any websites, agency newspapers….from where you had luck.Please do help me...its serious!!!!

If you've got a signed contract that you must pay him comission on anything you buy, then you have to get him to sign a release that he agrees that the contract is cancelled.In future, never sign any agency form that binds you to a buyer's agent for a set length of time, and makes you liable to pay him commission on anything you buy, whether he is involved or not.When you sign a buyer's agent contract is should do no more than state that the agent will represent you and that you will pay him the commission on any house that he finds for you.You can even sign the conrtract one house at a time.If an agent wants to insist upon a more binding contract, just tell him no.

Most families receiving this type of assistance stay in the rental for an average of nine years, plus the government sends you a check on the first of every month for full market value rent.† Check your local housing and development authority for opportunities in your area.† Many cities are offering incentives to investors interested in certain neighborhoods so check with your city planner, neighborhood associations, and government agencies in your area to find out what may be available to you.† As with any purchase these days make sure you buy the property at a low enough price that a temporary rent reduction will not eliminate your cash flow.Offer the property for rent for $500 a month more than you actually need and advertise that discounted rent available to qualified renters.† In this case you offer to reduce the rent $500 a month if they agree to take care of any problems with repair costs of $500 or less.

Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.

The process also involves having to pay the taxes at the local courthouse and visit the tag agency to get the required updated plate sticker and 936 form before the home can be moved.

Now with free annual credit reports from the 3 major agencies, it is a no-brainer.

Looks like his approach is to outsource getting the lists (from various list vendors or agencies), sending the letters (no details given), and having people to answer the calls and input the data into realeflow.