It is simply a report that shows you what is currently attached to the property that will need to be cleared when you go to cash out the seller down the road.You want to make sure that there are no encombrances against the property that are more than what you're paying for the place!

Here are my simply thoughts, sorry might not be the direct answer you were wanting, but here goes anyway.Most people want to be able to retire early or replace their job by doing REI full time.

I'm simply using artistic license to make the point that "everyone" is doing shortsales.

I know each deal will be different but until you have formed the LLC, can you collect the fees in your name only or is that simply not recommended?

Why leverage any of the properties and simply not go for f & c ownership given my scenario above?

But surely if you are not an expert at it, I would steer clear.Second thought - I cannot recall the last time I ever entered into a contract with a non refundable deposit and zero inspection period - that right there is a red flag to me.

Instead focus on what you need to know to be successful as you enter the business.Good luck,Chris

Simply means you offer something free and include the cost in the selling price.I once saw an open house offering a FREE specific new car to the successful buyer.You need a way to separate your property for sale from others.

However, I know of a guy who simply writes in his own assignment clause or simply uses his own addendum which has an assignment clause.

When a prospect calls, the menu asks them to enter the zip code of the property you want to sell.