the note holder was a widow..her husband was the investor and it was her last note..she was well off and just didn't had the energy for it..just developed a rapport and she told me "you remind me of my husband when he was young"..funny story..she had me call her accountant to work out the details and that guy has referred me 2 short sales!

They have essentially no value because, as you note, the house is worth less than the balance on the first.The holder of the second could sell it.

Those two avenues can allow for an easier entrance for someone with limited funds.As a buy and holder, I strongly urge you to avoid hard money loans.

Please contact me at 414 795 3229or send me an emailIf your still looking for quoteI like to talk with Note Holders 1 on 1 versus indirect quotesRamon

Subordinate lien holders have a cap of $3000 2.

However, don't forget to mention the early payoff penalty, because if you don't mpay this as agreed, the note holder gets the short end off the stick, so if you don't mention that, your seller, the attorney or your CPA may think you'r e trying to pull a fast one.

Just as a corporation has perfered stock holders and common stock holders.

I need a quick intro and a good 30 second slam to get the best response I think.What are your favorite aspects of letting a wholesaler do the find for you that you absolutely dread as a flipper/holder?

They avoided it before because it would be insuring past losses which is a disservice to their share holders in a stock insurance company and the other policy holders in a mutual group insurance company.

Here in NJ we are a tax lien state (no auction - only a strict foreclosure filed by the tax lien holder w/ no chaqnce of a 3rd party intervening without a court order).