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17 July 2015 | 1 reply
I read the creditors and IRS take priority over tax deed holders in case where the original owner of the listed property declare bankruptcy. 1 - Which department in the county should I go to clarify all this information and previous searches?
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16 February 2015 | 2 replies
Today, I get a call from the seller's agent stating that the primary loan holder, Nationstar, are requiring that this house be put up for auction to "validate" the purchase price.I did a little research into this relationship and although it seems shady as hell, I'm not really sure what options I have.Does anyone have any experience with Nationstar short sales and the Auction.com process?
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18 November 2015 | 5 replies
They use to be one of my favorite strategies, not anymore.No, you can not assign any financing contract without the consent of the seller-holder of that contract, bi-lateral contracts may not be assigned without consent.If a buyer under a contract for deed wants to sell, they may, the transaction is treated as a sale with an underlying mortgage to be paid off.
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23 February 2015 | 20 replies
You need title insurance as well as a lender's policy which is usually free that goes with an owner's policy to a lender, if that note is ever sold, the lender's policy goes with the note so that new holder will be covered and that adds to its value.
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25 February 2015 | 83 replies
Realtors run the gamut from brilliantly intelligent and talented and cooperative to dullards so desperate that it makes you deeply curious how they get their shoes to match each morning.And also: many Realtors are just job-holders waiting for an all cash buyer with no contingency concerns to show up and quickly pay more than the asking price for their listing.
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24 February 2015 | 19 replies
However, if you are a long term buy and holder looking to create wealth vs cash flow there could be a major difference long term.
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20 February 2015 | 6 replies
I don't know if the mortgage holder can foreclose or not for back HOA payments owed to the HOA.I think all this can be worked out if the situation doesn't turn even more ugly but that opinion is not shared by the HOA president.
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4 December 2015 | 3 replies
I bought 3 liens at the auction, but heard at the end of the redemption period, the lien holder doesn't have the right to foreclose the property.
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12 June 2018 | 9 replies
Chad-Did you get your and did you go the route of land trust with LLC being the beneficial holder of the land trust?
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28 February 2015 | 12 replies
., properties I have title to already, not notes.No Mike, read again, the interest taken as a lender as collateral, need to understand what interest a lender has, you don't own it as you think you do as an owner, you are a creditor until you pass title as a lien holder. then look at title states and the issue there BP NOT RESPONDING AGAIN!