I got my offer accepted today.

I'm lost, "cash for deed" "DIL" "judgment" then "foreclosure" "title holder" "borrower" these are all mixed up.If there is no issue with the HOA, no need to discuss it.You need to own the note really before you can say you would accept a DIL, but really, your attorney needs to do that as the option can be given but the request for a deed to be accepted by a lender or note holder needs to originate from the borrower.The borrower is the owner and the title holder, title is encumbered by the mortgage.If you foreclose the owner borrower will still have an interest in any equity, you are only entitled to what is owed under the note agreement, nothing more.You will have to sell the property if you obtain it through a foreclosure, those rights you have are to the property as collateral, you can't start renting it as if you bought the property.

From a gray area standpoint, it's as bad as going 5 over the speed limit, or as bad as accepting that burned DVD copy from your buddy.

Technically huds counter is not a binding counter, it just states what they will accept.

I would rather submit an offer on a commercial property on behalf of my client and work one on one to get something accepted.

Are you then looking for someone to help you make the Seller accept your offer?

When we get an offer, we want to make sure the buyer is qualified before we accept the offer and officially put the property under contract.My question is - what do you ask the buyer to provide?

Are you going to manage the properties yourself,,,are you going to hire any workers that will work on the property,,,are you going to select who you accept as a tenant!

Account ClosedFirst learn how to play the game, then become a master at the game.The goal of a wholesaler is to negotiate the least amount a seller will accept for their property.

In exchange for obtaining title, the vender accepts the property as full payment of their note and the borrow has no further obligations to the lender.