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26 January 2016 | 9 replies
In doing due dil on a newly released tape of junior liens, I see several properties on this that are listed by Zillow as being already sold.
28 January 2016 | 9 replies
I am looking to purchase a home through auction for my family and I and the details are as follows:Wells holds the lien and there are no junior or other outstanding liens.It was established in 2011 at 175k and the property owner stopped paying over the summer so I think it's in the 161k range for what's left on the mortgage.In talking to Wells they said that they were not listing the property for auction but the owner was... yet Auction.com lists this as a foreclosure property.My father would partner with me on the cash for this deal until I can grab my traditional financing but he is worried about being on the hook for more than we expect.If I have checked with my recorder of deeds for any extra liens or overdue taxes, sewer bills, etc, can I be on the hook for anything more than my bid price if I win?
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26 January 2016 | 4 replies
I believe it depends - all junior liens will be wiped off, but there are some that could still attach to the property.Personally, I would buy title insurance.
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31 March 2016 | 11 replies
Most of the time it passes through who is servicing the loan and then to the actual who owns the loan, PMI and any juniors.
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15 February 2016 | 9 replies
I'm a former high school, and junior college football coach.
16 February 2016 | 6 replies
We have 3 boys, one is junior high, one is high school, and one in college.
18 March 2016 | 5 replies
Sometimes we see the lender reopen the case because they forgot to name a junior lien holder, and figure it out when they do the title search to resell it as an REO.
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11 February 2016 | 9 replies
Currently I am a junior at the University of New Hampshire set to graduate next year, but I also recently received my real estate license to help with my investing and to potentially help others invest as well.I have to confess that I've used BP as a resource for a number of months now and am just now making an account!
8 February 2016 | 5 replies
Benefits of working under a brokerage- they take on the majority of your liability, handle earnest money, branding, marketing, administrative support, technology, office space to meet your clients, trainings, networking, other senior and junior agents to help you.
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15 February 2016 | 9 replies
We have 4 different "junior" partners that get 1/3 equity and the construction company is the 2/3 partner.