It is best if you show (prove) to the bank that the entity owner of record on the PSA is the same owner of record as the potential substituted entity.And ditto what Scott stated, doing so now is better than later.More food for thought.

Just food for thought!

Most often I am essentially doing a short sale on the property negotiating with the primary lien holder and telling all of the juniors that the owner is getting ready to be in foreclosure and they can either take pennies on the dollar from me or get nothing on the foreclosure date due to the fact that the property is already worth less than the 1st mortgage.From time to time I run into ones that have boatloads of liens on the property but it is completely paid off so no mortgage.

Now, I am going to search for some food..

I think he can do just about any kind of trick so long as there is a food reward upon performing.And Jack Russells have very similar characteristics too.

The cash flow I bring in far exceeds the monthly payment I make to the 1st lien holder.

Rest assure though that the mortgage holder will go through the usual procedure first, court, auction, etc.

Who is responsible for appliances, maintenance, repairs etc24) Clauses: guest clause, inventory, pet's rule addendum, holder over, yard care, parking, failure to deliver, abandonment of property, sublets, co-tenants

Towns near military instalations with regional influence will remain viable and if two or more of these elements are joined by manufacturing, food processing, consumer or durable goods, that economy should weather the storm.

After getting loan approvals, appraisal, inspections, elevation certificate and food insurance I am out 39,000.