The attorney must collect the first and second mortgage payoff amounts and ensure that the liens are removed from the sold property.As sellers, you must consider two potential issues when selling a home with a second mortgage.

When you bought these houses and relocated, how do you manage it from afar for( for maIntenance , rent collection, and advertising)?

You send both contracts to a title companyThe end buyer settles on the property and the title company collects payment for both the original price plus your assignment fee. 

Nice to come across your posts...I've begun looking at condo's in Mammoth but have been a bit skeptical on ability to cash flow or even break-even with the high HOA's ($400+/mos) and high cost of management (~40%), plus it sounds like you're collectively feeling Mammoth prices have become a bit inflated (?)...

Chase bank has an ACH collections service, but I wasn't accepted because I guess they aren't doing it for rent collection any longer...

I work extensively in representation of taxpayers before the IRS.

I'm preparing to take a tenant to small claims court for unpaid water bills in Baltimore City. Are there any Baltimore City BPers experienced with this? Any pointers would be greatly appreciated.It's a small amount of...

For triplexes, this landlord collects $120.00 a month for doing the billing on top of the utility charges.As to the legality of adding the charges?

Since you know the area well, if you have a real deal you should be able to assign the contract and collect a commission, or partner on the deal with someone who has the capital and is looking for a deal in the area.  

I would put it in writing that the binder payment only holds the unit for 5-7 days, during which time you do your due diligence on the tenant and then meet to sign the lease and collect ALL move-in fees.