Because the fee you want to collect the lender sees as more money on the table that they should be receiving.

Caution needs to be applied here as the subtle differences matter and would also be the value add you bring to the table when talking to the borrower.Note that to negotiate with a lender on behalf of the borrower you need to have the borrower's approval in a form that the lender will recognize.

Even if there is some gray about the lien being enforceable its presence could bring the others to the table for a settlement.Note the person blew it and the bill for their education has not been determined.

What makes this simple is that the buyer you brought to the table establishes a contract with the title holder, so there are no seasoning issues.

[/list:u]It is subtle and maybe not even something you will notice when signing all the documents at the closing table.

I have been closing REO deals for five years... from my side of the table (an attorney) the most successful closings are the ones that have certain ingredients:1.

This basically protects you for any business type transaction you are bringing to the table.

In reviewing the proposed 2008 table (Section 8 ), the numbers weren't too far off.

If the realtor makes you money and they put time and effort, you should compensate them. if you found the home on your own and theres a realtor involed you shouldent give them a FULL commission.....but they still need to put food on ther table.

If you try to milk 1 deal then there is nothing on the table for the next buyer (normally an investor).