I served 13 year in the Navy honorably discharged and I am currently the associate Dean at a college in Portland Oregon.My wife and I are getting started and we want to learn has much as possible in the next couple of months before we make our first deal so I will be asking lots of questions and learning my way around the bigger pockets area.Thanks

Almost always a foreclosure that goes that long will have a bankruptcy mixed in too, so look for that and see whether their BK was discharged or dismissed.I would just look for another candidate myself because I feel that if they weren't making a housing payment when they would own the housing, then they are very likely to not make housing payments when they aren't the owner.

Two days before closing the lender's attorney wants us to sign docs waiving any benefit of discharge under Chapter 43 of the Texas Civil Practice and Remedies code and waive all rights to contest deficiency under Texas Property Code 51.003, 51.004 and 51.005.

Just wondering if anyone has filled for (and gotten) a Cert of Discharge for a Fed Tax Lien on a foreclosed property they've purchased?

If I bought the second then I would not want to forclose on them, but just discharge the debt to facilitate the purchase.Wouldn't the 1st object if I raise my offer to cover the increase to the 2nd? 

If you’re not able to discharge your student loans in bankruptcy or establish a repayment plan in a Chapter 13 proceeding, the federal Department of Education has the right to: Tack collection fees of 25% and collection agency “commission” fees of approximately 28% onto the principal, interest and penalties you already owe Take your federal income tax refund until all your defaulted student loans have been paid Garnish up to 10 percent of your wages, without suing you first Take as much as $750 per month (up to 15 percent of your income) in federal benefits to which you might be entitled, including social security retirement and social security disability income, and apply that amount toward your outstanding defaulted student loan debt Sue you for your outstanding student loan debt and place liens on your property Student loans are not dischargeable in bankruptcy unless you can show that your loan payment imposes an "undue hardship" on you, your family, and your dependents.

It was discharged in April 2006.

I recently was Honorably Discharged from the US Navy and I haven't worked since I got out in Jan. this year.

It would be considered a sale and the selling price would be the debt discharged (amount on the 1099-C) and the basis would be (purchase+improvements-depreciation).

Also the discharge hose going into the wall the rubber piece tends to break or bounce out that holds it in and water can go everywhere.