Then, the investor gets back the money plus 40%.I see no security for this this loan at all.

just about every county has a clerk of courts web page and you can search just by their names....Originally posted by "aly0705":Mike, did you check his criminal history with just his name?

That is, the lender will not usually close the loan and release the mortgage proceeds unless the condition and value of the property provide adequate loan security.

We had our list and sent them a video email all about the home. sometimes we even broadcasted live open houses via the web.

They steer you with many different web sites to their wholesale deals, their friendly mortgage guy, and their web hosting service, etc.

I will check out google and this web site.Thanks again for all your help.

How would you compare each one of those web browsers versus Internet Explorer?

Are there any template driven web site listings that we can purchase or license to manager our own REO listings?

I would raise their rent some each year regardless but would always go back and run the numbers (inflation, mortgage note, water bill, taxes, security light, maintenance, etc.) and make sure the numbers work to positive cash flow.the last thing you want to do is to not raise the rent for 3 years and then get a bump up on your water bill or taxes and then have to raise the rent all in one shot.easier to do it gradually over the years keeping pace with inflation and expenses.Brad McLeod

It's easy to read and they have live help on the phone.Their criminal background check is worth the money and they've dug up things that the applicant swore had been expunged.You have to go thrrough a security background check and an office inspection; nothing hard about it.Credit reports come up instantly on-line.