But California also has pretty onerous land-use regulations that limit supply, and there’s been a lot less financial distress than people were expecting, with one of the lowest loan-to-value ratios on outstanding mortgages in the country.

It's a 15 minute drive from the main highway (i.e. not the most RV friendly drive).

"UPB" stands for 'unpaid principal balance' which refers to the outstanding principal still due on the loan. 

Insight on Your Proposed PlanTitle Search and MemorandumTitle Search: Conducting a title search is a good idea regardless of the structure to ensure there are no outstanding liens, claims, or legal issues that could complicate your plans.Memorandum: Filing a memorandum or recording the contract with the county provides some protection by clouding the title and ensuring your equitable interest is recognized.

The difference and con is this house is at the end of a street that both backs up to the rear of a commercial store and is very near a busy highway.

If you have any further questions or would like more details about my experience, please feel free to reach out.Thank you for reading, and I hope my story helps others make informed decisions.Best regards,Matt I understand why these highway robbery companies exist but there is no way I would ever pay someone $15k to teach me how to lose money.

That is an outstanding start.

In this scenario I personally as the PM would probably opt to not apply it towards the late fees since we didn't collect the rent, even if our PMA said we could, because I understand that sending an outstanding balance to collections has a low likelihood of success. 

I'm wondering if outstanding mortgages, taxes, or violations carry over.The auction states that the title is free and clear of liens, but the contract only mentions a quitclaim deed without explicitly confirming a clear title.

The lady that I spoke with said that they provide that information in printed form because of outstanding debts that the deceased might have.