If nothing else that is a buy and holder.

After desert, hit her up, this is wht I was hoping we can do....You just fed her, all Realtors love food and opportunities to eat, now she owes you a little consideration here.

I guess if the tax lien holder was able to successfully petition the court to initiate the foreclosure then it IS valid?

The note holder should have all of the settlement documents.Make sure the liens were filed in proper order and recorded.

If you favor smaller government, stockpile food, talk about a One World Government, or study end-times prophecy, you are considered a terrorist.

Now these same investors want the sellers to also hold back a 10 percent second to be at a 80 ltv with the lender.The problem is used to if the seller held say a 10 second at 100k they could immediately sell off for 50k after closing.Now no note holder companies have bought a second position in over a year.

SOmeone on a fixed income that relies on assistance can't reallt chance lossing the food on the table to venture off and start a business or earn an income and find that it didn't work out, having to start all over agian and being cut off in the process.

Another way is to add the buyer as a lien holder behind the bank.

If he sells the note it will be at a discount, but the discount may not be as much as the tax due on a cash sale and he will be taxed on the balance of pricipal received after the discount, on a per centage basis paid off, if any.I have done deals where the person who owns a note (note holder) used it for a down payment on other properties.

Would I get a free home out of the deal or would I be responsible for paying the lien holder of the mobile home?