Johnathan Norman
Note purchase process when buying directly from seller?
30 May 2018 | 2 replies
You should have a purchase and sale agreement, have an assignment of mortgage (AOM) and allonge to the note prepared.
Daniel E.
Bidding as lender at sheriff sale - how does this actually work?
17 May 2018 | 6 replies
If you are at the foreclosure stage, either this did occur or the AOM was not recorded.
Jessie Martin
Need advice on clearing a title with multiple banks out of business...
8 July 2013 | 10 replies
If you clean up the post so it is clear, like I am formatting above, I might be able to give you a couple names and numbers to call as I have worked with all of those firms for AOM issues.Additionally, the $30k to insure title is wacky.
Account Closed
Deposit
7 July 2013 | 6 replies
And if the seller asks, I just say that the deposit goes to the lawyer and sits in escrow till closing, you don't actually get it. ( which is true) Then when I find my buyer i send both contracts (AoS and assignment contract)to his lawyer and my buyer ponies up the deposit.
Eric Tooley
Double Closing
1 February 2013 | 8 replies
Think of it as another AOS...Title company is usually where settlement takes place.
Jerry Kisasonak
Wholesaling HUD homes using two closing companies?
11 October 2013 | 15 replies
In fact in their AOS, it has a spot where you can choose between "HUD'S designated closing agent" or write your own in.
N/A N/A
Chaz thread
27 September 2007 | 6 replies
Will a bank or other lending institution let me fill out an AOS listing the LLC as the owner.
Matthew T.
SERIOUS Dilemma!
13 February 2012 | 10 replies
I am not an attorney but I know in PA you can wholesale if you sign an assignable AOS and give them legal consideration ($1 in contract I use).
Sandy Bars
Gas Water Heater Pilot Light - thermocoupler?
23 February 2013 | 10 replies
thanks for the quick reply - its only about 4-5 years old (AO smith) and i dont think its a wind thing bc the vent goes to the top floor of a 3-story building.
Brian Ellis
Had to pull out of a deal
7 July 2019 | 6 replies
Was it stated in the AoS that if you weren't comfortable with the HUD inspection that you could pull out?