Account Closed
Underwater 2nd NPN on rental property
24 May 2014 | 3 replies
You might make a little money by notifying the Debtor that you intend to challenge the appraisal or the percentage of your payoff and get a tiny bit more from them so they avoid the cost and delay of litigating it.
Tiffany Roberson
Potential Second Lien?? - TX Foreclosure
2 March 2018 | 1 reply
It basically said that the homeowner defaulted on a loan and the debtor had rights to his collateral (which is preferred units in the LLC and "all cash, securities, payments, distributions and other property at any time and from time to time receivable or otherwise distributed.")
Jason Rector
Foreclosure Address From County Clerk
3 April 2018 | 3 replies
A few ways that I use include:(1) If the document gives the debtors' names, search them in the appropriate county at arcountydata.com and/or in that particular counties online records, if they are available;(2) keep digging for other documents, like you did, to find one that includes the more common address; or(3) find a county map with range and township grids and find it using the legal description.It is SO much easier if the property is in a subdivision, and they give the lot, block, and subdivision information.
William Morgan
$1MM in Tax Liens!
20 August 2015 | 4 replies
The tax line liability still remains and follows the original debtor.
Zamir Kazi
Negotiating IRS Lien?
19 June 2016 | 6 replies
Only the debtor, or someone with written authorization, can deal with the lien.
Christian G Leone
Payoff student loans or house hack?
5 April 2022 | 2 replies
I have a great steady job making $70k and I'm bouncing back and forth between using my savings to pay off my debt or purchasing a multi-family home and house hacking.
Francois Acosta
What is Note Investing?
7 February 2018 | 8 replies
These notes are assignable by the seller/lender, so a note investor is one who would purchase the note (usually at a discount) from the seller/lender in order to receive payments from the buyer/borrower/debtor.
Eleena de Lisser
Are you a RE Investor or RE Entrepreneur?
8 February 2015 | 29 replies
Used when buying streams of debt or Notes at discount.One of my favorite present value of money equations and one that got me out of a lot of my OREO was Zero interest financing... 0 interest for 30 months has the same PV as 7 years at 15%...On the topic of how you introduce yourself.. for me..
Gabe K.
Success Story: Note Exit via Trustee Sale
3 February 2017 | 20 replies
Of course a debtors ability to file chapter 13 bankruptcy is limited and dependent upon the debtors financial situation.
Bill Briscoe
Should I rent to tenant with 540 credit score
27 December 2016 | 84 replies
Its very easy to get stuck with your ex-spouse's debt or for both parties to get stuck with it, and for the lawyers to advise you to not pay it until the settlement closes because they believe the spouse should pay.