Donna Drake
Won house at auction!
21 December 2010 | 8 replies
In most states, the public auction clears out any junior liens, but there are exceptions such as tax liens, which typically will continue to be in effect after the auction"They are transferring title via SPECIAL WARRANTY DEED, rather than TRUSTEE DEED,so there's this:Special warranty deed Arizona and junior liensArizona Revised Statutes33-402, Forms for conveyances; quit claim; conveyance; warranty; mortgage .... 33-723, Right of junior lien holder upon foreclosure action by senior lien holder ... 33-730, Limitation on deficiency judgment on mortgage or deed of trust as .... 33-1226, Easement to facilitate exercise of special declarant rights ...www.azleg.state.az.us/arizonarevisedstatutes.asp?
Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
17 July 2023 | 87 replies
Many investors use LLCs for long-term rentals to enjoy asset protection, maintain a professional image, facilitate estate planning, and benefit from tax flexibility.
Mariah Jeffery
Newbie question about forclosure
28 July 2009 | 10 replies
Lenders are lowering bids to more appropriately reflect the property value to facilitate foreclosure sale liquidations.As Jon mentioned, you must perform a title search so you know exactly the lien position of the auction being held, delinquent taxes, IRS liens, etc.
Kadian F.
Newbie Real Estate Investor living in Orlando, FL
28 April 2015 | 22 replies
I also handled real estate closings as an attorney (I no longer actively practice law as I prefer to make the deals rather than facilitating them).
Nathan Hillier
Out of state investing - What's stopping you?
23 April 2019 | 41 replies
The simple process of facilitating allows us to find better deals, while helping investors invest in better markets.
Martin Saenz
Note Investing - to JV or take on debt?
8 December 2017 | 10 replies
Do you facilitate workouts or outsource to loss mit for handling?
Jonathan Hasan
Should I tell a listing agent that I am a wholesaler?
14 July 2021 | 78 replies
Acting as a finder to facilitate the purchase, sale or exchange of real estate; and [PL 1987, c. 395, Pt.
Zalman Fellig
In House Agent for Investment company in Miami
21 February 2018 | 1 reply
She facilitates appraisal, additional inspections, communicates with the lender and attorneys to make sure things are moving smoothly towards closing.Get a showing agent- someone to show all your listings, possibly help host some open houses, communicate with buyers and/or their agents, etc.Get a buyer's agent to take on all buyer leads.
Joel Nickerson
Multi-Family HUD
7 January 2014 | 15 replies
When I go to a mortgage guy and apply for a loan, whether he is a broker or banker, chances are he is only facilitating the loan and it is being sold on the secondary market.
Daniel Ramirez
Impossible to invest while working FT?
23 December 2015 | 20 replies
If you NEED your W2 job to keep the lights on at home and food on the table, then you always need to make sure you're not slacking at work to facilitate your passion.