Sometimes we let family cloud our judgment in a situation like this.

If those lawsuits shake out for the banks, we could be seeing another big round of foreclosures hit the market this year.I work in the LA area and host a radio show out there and many homeowners are telling me that they aren't even making mortgage payments because of the suits their lender is embroiled in right now.

You'll need to buy your domain names (URL) and set up a hosting account.

Cool I got invited to an event his group is hosting here in Scottsdale this weekend, recognized the name.

No and no.The seasoning requirement is a cloud on title placed on the property by the seller, HUD, Fannie, or a bank, it has nothing to do with the purchase money directly.

I did learn something new to share; if there was a order number, even if the deed never got recorded, then title would have been liable.They actually advised me to still record/complete the perfection of the Deed of Trust, it will cloud the property's title, and I'll have to play a waiting game.

Even if you were willing and able to close, it couldn't happen due to the clouds in the title.

Explain THEY are legally bound to perform or to compensate you for their failure to follow through, also it has been covered in other threads that you can file a memorandum of contract(I believe is the correct term) that basically if they try opening escrow you've clouded title.

This will be our first time there, but we have met and talked to Sam and he is a very helpful and knowledgable investor. http://samsrealestateclub.com/ We meet him and many other helpfull investors at last Wednesdays San Fernando Valley Real Estate Club meeting hosted by another active and helpful investor, Pritam Sinha.

By setting up the transaction this way all of the parties who are required to sign the ALA can do so honestly and truthfully because the higher subsequent offer was submitted to the lender and the lender was made aware of the fact that you are being compensated for stepping aside since it was you that did all of the work to get the short sale approved in the first place.Of course you will want to record your equitable interest in the very beginning placing a cloud on title that must be released before the property can be transferred.