Contact A Respective Title/Insurance Company for a List of Potential Foreclosures.

If you are dealing with retail buyers who need to get financing do you find that their lenders are happy that you are not on title and the deal has a large fee being paid to you?

My hands-on experience is more on the paperwork side of things and being a go-between for the investor with lenders, brokers, title companies and lawyers to get the deals done.

One of the best places can be a title company as many will send you the list by email for no charge.

Question - Can a private individual request to hold title or lien against personal property during the duration of a lease agreement with renter in the state of Illinois?

Well Tobey, maybe I need a life as I have now doubled the thread title.

Once a foreclosure takes place the title (deed) is transfered over to the bank.

Time to let the tenant pay down the debt, time for appreciation to kick in, time to let the tax benefits reduce what goes out in taxes, time to season the title before refinancing.The slow route is actually pretty quick once you get rolling.John Corey

So is there any other way you can think of John on how to get accurate comps other than a realtor or title?

hello everyone, well anyway i'm a new investor and after some research i decided to focus on pre-foreclosures.well anyway i was told of a strategy that i could use that didn't involve the use of any of my money or credit and will allow me to actually retail these properties to end-buyers and not just wholesale them for a small profit to other investors, it sort of goes like this.1- locate and market to the people in pre-foreclosure, 2- once they contact me setup an appointment with them, 3- setup a land trust with them ( which they will be the beneficiaries and either me or a disinterested party the trustee)and have them sign a "warranty deed to trustee" doc which i will record at the my local court house, 4- also have them sign over there beneficiary interest to you which you'll store away for protection of problems that might come up in the future 5- start marketing the property as well as working on the short sale with there lender, 6- once i have my end-buyer (and hopefully my short sale is accepted in time) have my title company perform a double closing to pay off the first lender as well as myself, and to give the end-buyer clear title without any seasoning issues coming up (which i was told there has to be two separate HUD's, two separate escrow accts and etc)so my questions are: do i have all the steps down correctly or am i missing something?