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26 June 2015 | 18 replies
Mortgage – a legal document, which states that you are a first position lien holder and you can foreclose on the property in case of default.Note – a legal document stating that a borrowing entity will pay an agreed upon interest.Title Insurance- Protection from liens or title issues that are overlooked during closing attorney research.Home Owner’s Insurance - where the investor is insured in the event something happens to the property.
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6 June 2021 | 19 replies
Alot of foreigners also choose to open a property managment company (a shell, as a NNN lease doesnt need management) to be able to have a business here in the states to help with visa/residency.
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25 April 2013 | 3 replies
A Marital Waiver is when the spouse acknowledges a lien on the subject property, subordinating their interest in the real property to the lien holder.
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11 September 2014 | 8 replies
You could go to the county recorders website and get the records for that property, any state or federal tax liens as well as mortgage lein holders will be found there.
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11 September 2014 | 18 replies
My company wholesales properties there to Buy and Holders all the time.
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18 September 2014 | 27 replies
Make sure to update address so you get any mail sent to original note holder.
9 March 2015 | 7 replies
wondering if either an Attorney or Escrow holder cuz usually its coordinated with those parties as included in their cover/alacarte fees, least round her
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20 March 2015 | 7 replies
To protect your private money second lender, you should have documentation specifying that the first lien holder must notify in writing, the second lien holder of any default.
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2 May 2015 | 2 replies
That part is easy, the market is offering .25% to CD holders.
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7 May 2015 | 3 replies
The taxes get paid to the city and the mortgage holder is screwed.