Compensation is pre-set so the borrower receives savings benefit not the LO the very reason for the 2010 ruling.

I have received a wealth of information and assistance from fellow members.See you around the site!

But no one here on this property received any mail or a posting on the property here. .

You as the buyer will receive your money back plus at a very hefty interest rate.

I've received great ideas and different perspectives, that have made me change my approach for establishing processes but just hearing other people passion is great.

I must admit I was actually considering jumping ship from Niagara for a bit once I received the package from the city.

I guess when @Justin Turner described the transaction, I had envisioned a straight purchase of the property, except that the deed the purchaser receives is merely subject to the first lien interest.

You don't need a "company" (LLC, etc) yet.What you need to get started is:1) A process2) A teamKnow exactly how your process will work:a) Meeting cash buyers & understanding their needsb) Finding motivated sellersc) Evaluating propertiesd) Calculating offerse) Testing the water with your buyer(s) if necessaryf) Negotiationg) Closing via a contract/agreementh) Assignment to a cash buyer via another contract/agreementi) Receiving payment at closingFor your team, you'll need to know:a) Cash buyers, of courseb) Real estate agent(s) or broker(s) - provide comps, MLS opportunities, etc.c) Title company (preferred to have one you use for your deals)d) Attorney (required in some states)Best of luck!"

Providing this in a typical transaction provides the buyer 7 days to back out of the contract for any reason after receiving it.

You pay for an additional notice to include "and all others" so that any unknown people not on the lease will be thrown out as well by the Marshall.You pay the fees and the letters are mailed out to the tenants mailing address and the Marshall tries to personally knock on the door and serve the tenant and have them sign receiving notice.