We had a case in FL where an agent took a net listing and then sold the property for substantially more money.

Looks like Freddie/Fannie will be lowering down payment requirements as well as required Credit scores.Great idea morons, let's give more credit to unworthy borrowers and not open it up to the worthy borrowers with proven track records, case in point, us pro RE investors!

Jay, that's not really the case in South MO or North AR, not in SE KS either, now, get to KC or St.

I'm not 100% sure that all power companies will require the inspection but that is certainly the case in most places.

Not legal in any of the 4 states Im licensed in, and I would imagine that to be the case in most places.

So ownership of the house reverts to the original owner.Even if that is not the case in Alaska, remember the homeowner could not or would not pay the original note so why would you believe they will pay the rent? 

I think you should calmly ask the tenant for the source of that information and then, when no credible source is available, point out that it is not true -- if indeed that is the case in your jurisdiction.

Hello Marco:In addition to the great advice already submitted, here’s a suggestion: Since you are familiar with the courthouse, I suggest you make a visit to the probate division with that case in mind.

This is not the case in my state.

This is not the case in landlord policies.