2) One of the concerns a homeowner may have about selling to an individual is their lack of knowledge and trust  -- they don't know the procedure, but if you can confidently explain how the deal will work and refer them to the escrow company rep, you'll have a better chance to make your deal.  3) Don't forget to show them the savings on commission; not having to have the property advertised, and shown. and other advantages of a direct transaction.Best of luck -- hope this helps!

It's standard operational procedure to pay taxes.

Is this a normal procedure in NC?

That list does not exist legally and anyone that would provide such a list is breaking policy and procedures from the company with the borrower at the very least, and Federal law at the most.

(CRMC).These are companies that have been audited by the National Association of Residential Property Managers and have demonstrated a high standard for both procedures and customer service.Again, I believe the best way to find a good property manager is to seek a property manager out and has invested in advanced training and education and has attained designations, usually they also have years of experience.Kevin

Charlie,This will vary from state to state, so I would suggest that your friend invest a few hundred bucks in a real estate attorney consultation to find out the procedure and cost.

Mary, since you asked about an auction in California, my answer is limited to CA procedures...this may vary in other states.The borrower that owned the property you were bidding on owed their lender $256K or more.

I don't know who panishes this, but there is a standard procedure.

No idea, I imagine some rare issue with the first buyer’s account or some internal procedural issue....I wouldn’t spend much time on it.....you could call the clerk’s office if you wanted to.

Let them know the standard procedure and that you are planning to follow it.