Actually they are taking the "title" back from the owner.The term "pre" foreclosure (depending on the state) is the time period a lender must go through where the foreclosure process is actually a public record, up to the date the lender legally obtains title to the property.So the correct terms would be:Pre-foreclosure - Public notice has been filed where the lender initiates reoposession of TITLE from the current homeowner.Foreclosure - After a lender has completed the legal process and they now hold the title and are the legal owners.

I think that if I evict her for breach of contract then she will lose her section 8 eligibility, BUT I was hoping you all could verify this.

If the investor has good credit, MBNA and some simular banks will give unsecured lines of credit up to 50 or 80 thousand.The trick is to find homes with enough equity to not only get your initial investment back, but to make 5 to 10 grand extra on each deal, and working with a mortgage person that specializes in investment property financing.AJ [email protected]

You must be a broker in SC and then pay $5k initially to join, plus an annual fee.

Whelp,I'm taking on my first building project :idea: Now,I'm young (just turned 20)...and in the past year, and initial year I've been investing in real estate.....its been damn good for me, flipped 3 new constructions before they were built and actually never made a single payment (except a few on the last one), w/o using ANY liquidity.

But they have never verified the occupancy of the home although I worry whether they would cover in the event of a claim if the house was vacant for longer than that.I am now using State Farm and pay the annual premium up-front and get a refund when the house sells.

What I have done to get around the issue of the initial price changing with the neogiations is to get multiple signed copies from the seller so that you can send in an updated contract as needed.In most cases if you explain the process of working the short sale to the homeowner they understand what is needed and will do what they can to help it happen.Stefanie Blackburn

i use www.realestate.yahoo.com to pull my initial comps. you just type in the address and it brings up houses in that area. however, these are sometimes 1-2 years old, so when i get serious about a property i call my appraiser and tell him to pull some comps on his system.

Attention: Residential Building Owners of New York CityBeyond the Shelter....Opportunity for a Good Cause...A program that means more than assisting those less fortunate….It’s a humanitarian effort to prevent homelessness.Steady, On-Time Payments… each month with an initial three (3) months rent up front.We work closely with many New York City building owners day in, day out offering ‘Good People’ a two (2) year commitment to provide them with a roof over their head.This is not Section 8We need your Vacant Low to Moderate income apartments in all Five Boroughs of New York CityIf you have Vacancies you need to fill... please call one of our staff members.Principal Owners Only PleaseMichael Sweitzer, Managing DirectorHeritage Estates Commercial, LLC347.721.9838 Ext [email protected]

Since these companies are publicly traded, you can verify howmuch money they have10.