It helps to prevent the entity from being set aside if there is a lawsuit.

You know the old adage, "An Ounce of Prevention equals a Pound of Cure"!

As always, the key to minimizing long term expenses is sensible preventative maintenance, and using products that provide the best value.

When the owners are still living in their home that late in the process, that is a clear sign to me that they are not going to attempt a sale or a short sale so they can "save" their credit or prevent a foreclosure from going on their record.

Hey Ryan,I've never had to deal with this but have heard stories of others marketing their assignment contracts and having the buyer go around their back and deal directly with the seller and cut the wholesaler out.I know there is a way to cloud title to prevent or at least delay the deal somehow, but how exactly is this done?

You may want to read the forum rules to help prevent you from getting your account suspended.

Yet fear, laziness, and having $0 to invest, have prevented me from ever getting my feet wet.

I've looked at numerous properties, including two last weekend with tenants in them.If you want specifics for the local situation, google for landlord/tenant laws, or tenant advocates, or similar terms, along with the town or state.But, I seriously doubt you can prevent showings or other access to the property.Note that you're not under any obligatation to clean the place spic-and-span like an owner who's trying to sell their house would.

Also argue that the negative mark poses a negative mark that would prevent a favorable refinance option later down the road.

Originally posted by "**********":I don't see how better or more honest accounting will change the losses in the sub prime related sector of the business.What can a new CEO do to prevent that?