How did he actually sell the property...land contract, seller financing, etc....a straight sale would have involved getting the mortgage released from the property, if that was part of the mortgaged property.

Because all new listings are released by HUD, and the local listing agents have them posted on MLS on Saturday, plus, they appear on Hudhomestore as new listings.Being an agent isn't the same as having a HUD NAID authorization so you can bid...

BP,I'm new to flipping houses and the realtor I selected told me to make my contractor sign a document stating all subcontractors have been paid that way no lien is placed on my project.  Does anybody have advice?  Or...

@Sue Matt In order for a paint supplier to release that kind of pricing, they would have the access to a large commercial account that does business countrywide.

I'm thinking it has something to do with the delayed release of DU 10.  

What I saw this time, in fact we are closing today is the  lender not releasing the money, closing escrow, and recording title until a few days later. 

Within that CAR form, there is a checkbox for buyers release of “ALL” contingencies.

The experienced buyer agent will also discuss with the buyer and the lender to evaluate the loan risk and make the offer D sweeter and irresistible to convince the seller that the offer D is almost like cash offer and the buyer can close the deal by:presenting the lender’s underwriter pre-approval letter to contingent the loan approval solely on the appraisal result, and presenting the funding statement to show enough cash cushion, even if the appraisal result may be lower than the offer price;waiving the financing contingency; and/orraising earnest money and/or releasing the earnest money to the seller early;As long as the seller is convinced that the buyer has no problem closing the deal, it is highly likely that the seller will choose offer D over offer A to take $20k more home.

The way a lot of people make this process a little easier on themselves is to use an excel spreadsheet to either drag and drop or cut and paste from the County Public Document Records Search all the mortgages that have been recorded in the name of the defendants in a final judgement, then underneath where you have placed this information you do the same cut and paste for all the satisfied and released mortgages.

Dream loan would be a line of credit across multiple properties with individual loan releases.