Many buyers paid too much for their homes, didn't understand the underlying mathematics involved, didn't understand the financial instruments they were using, used their properties like ATMs, and didn't understand enough about business and economic cycles to filter through all of the "buy buy buy . . . it's always a great time to buy" noise spewed by many others (including many RE pros) who also were equally clueless.The "no down-payment equals no 'skin in the game'" argument is a non sequitor.

Lender may require immediate payment in full of all sums secured by this Security Instrument if:(i) A Borrower dies and the Property is not the principal residence of at least one surviving Borrower; or (ii) All of a Borrower's title in the Property (or his or her beneficial interest in a trust owning all or part of the Property) is sold or otherwise transferred an no other Borrower retains (a) title to the Property in fee simple, (b) a leasehold under a lease for less than 99 years which is renewable or a lease having a remaining period of not less than 50 years beyond the date of the 100th birthday of the youngest Borrower, or (c) a life estate in the Property (or a beneficial interest in a trust with such an interest in the Property).

Core-Logic has an AVM (automated Valuation Model) which is not all that great.

Got the definitive answer: properly recorded trust deed can be foreclosed on judicially or non-judicially for 10 years following the due date, if identified on the recorded security instrument (i.e., trust deed), or 60 years, I not so identified.I must have been eating magic mushrooms to not immediately recall this, guys.

The SCR "Notification" provides owners and other interested parties with automated email notifications anytime a Notice is filed in SCR for that address.How to request Notification:1. 1) Log into SCR with an existing Utah.gov account or create one.2. 2) Click on "Request Notification" and fill out the form3. 3) Make a one time payment of $5.00

Called a bandit sign the other day and said "I'm a cash buyer, looking for properties now, call me back" and it took them 3 days to call back, and left a msg to call them back at the same number, which is an automated vmail that lasts 2 minutes and explains what a motivated seller is suppose to do.

The city or the airport can provide a map of the ILS (instrument Landing Signal)  You do not want to be within 2,000 feet of that within 8 MILES out  because it's one plane every 2 minutes 24/7. 

This promissory note is secured by a recorded instrument on the title of the property being used as collateral for the loan.Basically a Note is an IOU, whoever owns the dept, the IOU, is able to sell it. 

Sec. 8 doesn't give landlords actual money---in a net sense. it reduces the balance on the landlords' mortgage under a schedule of compliance. the landlords that get a check from Sec. 8 have no clue which grant partners contribute to that instrument.

I've discovered three lien instruments that were filled on this property.