They have licenses securities representatives in many markets.

Its unfortunate how many people are online hiding behind a screen name and using that "security" to be absolute scumbags.

Some entity is lending the money and they will get a lien against the property to secure the loan.

But it's not required.I did receive a letter saying that the transaction I had described was acknowledged but that the bank was not waiving any rights provided under their security agreement.

Check with your attorney.In my experience, the first thing you need to do is secure the property.

That means you paying for the roof, the hot water system, heating or cooling, secure doors and windows, controlling pests, etc.Evictions have been overturned because of a landlord expecting the tenant to do too much when there was a lease option.John Corey

The mortgage company just cares that you have the money to repay the 2nd mortgage AND that their is equity in the house to secure the 2nd mortgage.If he is recommending that so you can document your self-employment income, that is a different story.

I usually prefer the ones that wedge to the inside and then you also secure the flange to the subfloor with screws.

I am going to get my securities license so that I don’t have to worry about any violations on a national level, as there are some states that require this type of licensing, that being the case I have a colleague that hold such a license and is willing to act as the broker in the transaction.I have 3 almost 4 years in residential mortgage origination, although, I have moved away from that area of lending since the market collapse.

Maybe I will create a secure web page where folks from BP could share documents without the general public showing up.