Interesting post, Jeff.However, if no one bids on the courthouse steps (not uncommon here), and the bank subsequently lists with a brokerage, then the bank can keep any surplus from the brokered sale (or eat any loss), correct?

Owners Policy $605.00Escrow Fee/ Title Services $1,075.00Transfer Tax $15.40Recording $93.00Tax Proration: $9.70------TOTAL$1,798.10 (12.84% of the Purchase Price)Based on subsequent estimates I received over the phone today (I didn't realize that you could get a rough estimate over the phone, as this title company took nine days to provide one), the combined owners policy and escrow fees are $500-$600 higher than other title companies.

Because of the rare opportunity presented by the attachment to UC Davis, this property and subsequent buildings developed on campus is believed to be relatively insulated from the overall slowdown in the office sector.I probably don't have alot of value to bring in this niche, although I do pay attention for networking with builders/developers & contractors.

what folks are alluding to.. is what happens when your deal craters like they do sometimes .. the seller is really hurt thinking they had it sold but it does not close and they lose the house. in Oregon its illegal for someone like you to even talk to anyone in foreclosure .. you must be a licensed foreclosure consultant and your income is established by the state.. every state is different of course.I think what others are suggesting in these scenerios were timing is critical you get funding in place buy the thing so your sellers are not harmed then simply resell it..

Related Ads If your spouse dies and you subsequently sell your home, you qualify for the $500,000 exclusion if the sale occurs within two years after the date of death and the other requirements discussed above were met immediately before the date of death.

Where a tenant is evicted for owner occupancy after December 18, 1998, that unit is designated as the owner's unit for purposes of subsequent owner-occupancy evictions, unless the owner's disability or other similar hardship prevents occupancy of that unit."

Like all Post Auction Sales, Negotiated Sales will have a scheduled sale date thirty (30) days from the date of acceptance by the Commissioner and a subsequent ten (10) business day redemption period.PaymentAcceptable payment methods include: personal check, certified funds (such as a cashier’s check or money order), or if paying in person: cash or credit card.

I have had a couple transactions where the title agent on a subsequent sale could not find a discharge on one of my notes (maybe it wasn't recorded properly).

These numbers mean nothing as related to subsequent sale!

Another (a commercial property) we checked & subsequently learned that the owner had been very ill & the business was failing so it may be a good buy.I take a pic of each page I am interested in with my phone.