The president has over 25 years of REI experience and an outstanding track record, excellent FICO, etc.

Well - cook county recorder of deeds maintains an online database of real estate transactions and it turns out he was full of crap on the condo conversion.

Median home prices have fallen a record percentage in the last FIFTY years.

Public records can be useful in some locations.You need to also get out and look at your farm area.

After the loan funds and records, then you would deed the property to the newly formed LLC.

They may agree to accecpt some kind of instrument filed in the recorders or clerks office to consolidate them into one single tract in order to let you have the reduced valuation.Exemptions usually only apply to non-profit org, religious, gov prop.

One way to help your tenants is to recommend that they have their names removed from the public records available on the internet...here is a link....from US SearchSend this letter to:Opt-Out/US SEARCH.com Inc.600 Corporate Pointe, Suite 220Culver City, CA 90230 You have to provide either a police report or counselor or domestic violence counselor's letter with the letter of request.

He does note that it may be illegal to record a false document.

Once escrow is opened, both buyer and seller have to authorize any changes in escrow instructions.Typical seller paid items:Deed preparation; existing mortgage and accrued interest; transfer taxes; commission; title insurance; repairs based on termite inspection report.Typical buyer paid items:Hazard insurance; document preparation fees; survey; mortgagee's title insurance; credit report; loan origination fee; prepaid mortgage interest; discount points; Recording fees (deed and mortgage); termite inspection.

In fact, if you establish a track record of easy to deal with, word is your bond, fast, good pay, etc., etc. they may come to you with their REOs.Large banks - forgettaboutit.Ps - I bought 3 REOs (at separate times over the period of a year or so)from a local bank that is about 5 years old with 6 or so branches.