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Results (10,000+)
Arif Khan Commercial note buying forms
5 March 2013 | 4 replies
Funds are paid, representations and agreements are signed and the note is assigned with an endorsement and filed.Usually a buyer will ask for a package of documents, I'd want to see;Copy of the note and deed of trust, Commercial deal, a copy of the settlement for the transactionA list of inventory collateralized and copies of the UCC filingsA copy of the first lien as filed with terms and payment requiredPayment history of the note, with verification of receipt/depositsCopies of any loan modifications or extensionsAppraisal on the property at sale on RE and equipment if anyA letter simply desiring the intent to sell with a description of the note with the book and page county as filed.
Burt L. What to Look For When Driving For Dollars?
13 September 2019 | 6 replies
I know I am a little late to the discussion but this is what I have my "Property Locators" looking for: FSBO signs For Rent Signs Overgrown yards Overfilled mailboxes/excessive amount of newspapers/packages Notices on front door Blue tarps on house Boarded up windows Garage sale signs/Estate sale signs Abandoned cars No curtains or blinds Inside looks emptyHope that helps @Burt L.
David Robertson Lot of stiff competition out there
10 March 2013 | 19 replies
I generally submit my offer prior to the property being listed and by the time it's listed, the short sale package is complete and ready to go to the bank.
Sandy Bars Gas Water Heater Pilot Light - thermocoupler?
23 February 2013 | 10 replies
I am only familiar with the thermocoupler, which i thought only sensed a cold element therefore preventing gas from flowing with a pilot light out, but when these things fail, can they do so on the hot side?
Krishn JAISWAL Bulk REOs question
11 December 2014 | 11 replies
Large banks do sell bulk REO packages, but in their mind, it does not become a bulk deal until the package includes 50 - 200 properties that are bought sight unseen.That being said, you could always try to make an offer on 4 or 5 homes at one time as a "bulk" deal.
Jory Sandusky Solar packages for Flips?
19 February 2013 | 4 replies
Any flippers out there ever install solar power packages on their roofs or use green building in their plans when they flip properties?
Anthony Palmiotto Are Lonne Deals Dead - SAFE Act?
4 August 2013 | 61 replies
There are socio-economic elements to these deals and you need the ability to manage personalities and be able to kick them out if necessary.
Angel Perez Leveraged Loans???
11 July 2014 | 2 replies
If the guy out of the company is needed as the construction guy or any needed element for the business, contract the service prior to the loan so that his abilities are considered in the deal without involving him with the lender
P.J. Hankins So I gotta know...
21 February 2013 | 8 replies
. - Three things sir.1) This and any other business where you have to survive on your own (create your own paycheck, create your own benefits package and create your own retirement plan) is not for the weary.
Sam Leon Bank's INDECISION?
27 February 2013 | 4 replies
They obviously were never going to contact me, but my realtor found out that this property had been packaged in a lot and sold to a bulk buyer, so my offer for more money made before the bulk sale was even arranged was just ignored.