ALL of our other creditor's decided that we were now a risk, and JACKED UP OUR APR'S from what was a decent 5%-10% at the most, current (then) APR, to upwards of 25%-29% on ALL of our cards....You do the math....along with that..some of our creditors even REDUCED OUR LINES OF CREDIT...further making it IMPOSSIBLE to refinance a current property to fund another deal, THEN THE MARKET WENT SOUTH...and REAL TROUBLE CAME that wasn't due to my negligence, but was due to a MARKET on Wall Street that had gone CRAZY...due to their own internal greed, etc....It's sooo hard to judge the masses, when your living above the clouds, to even mind or care to listen even, to the finest of details that occur in most of the lives of us little people, below the clouds.Luck will have nothing to do with me getting my family out of this mess, but my faith in God, and my hope in that most people are good and decent, and willing to help, will.Tom K., I hope, sincerely, that you never have to go through what most of my clients and family and friends are going through (who are responsible individuals becoming the scape goats in this society of late)...but if you do, God forbit, I truely hopt that you will have a network of friends and family that will not judge you, and some folks do, and will support you, and hopefully, you'll know a banker/investor/broker, someone...who will at least give you the time of day, to listen to your "story".

In either case, make sure to record your option with the seller, so that you'll cloud the title.

The seller finances the property with their equity with no other debt clouding title when they own it free and clear.Note that the seller can also take a note that is subordinate to the first-position lien for their equity.

I don't remember that there was anything recorded that would cloud title.

This will "cloud" the title and give you a legal interest in the property.

He host bootcamp events for the purpose of selling his system and his countless associates of gurus and coaches.He sells his short sale coaching system 50% of the time if not more pitching during his boot camp.

I can file a Notice of Option which sets over an equitable interest without using a DOT, and it would remain as a lien and cloud on title, that will do it.

Don't let money cloud your better judgement!

I am wondering if one of those transactions did not get recorded (essentially clouding the title to the property), would there be a fine from the assessors office?

Residences don't have hours of operation and have to comply with a host of additional laws and ordinances.