Upon closing, the Tenant/Buyer shall be responsible for fire and extended coverage from that date forward.(22)In the event this agreement is placed in the hands of an attorney for enforcement, the prevailing party shall be entitled to recover court costs and attorney fees.(23)This agreement shall become effective as a contract when signed by both Tenant/Buyer and Landlord/Seller.IN WITNESS WHEREOF, the parties hereto, have set their hands to this Lease/Option Agreement on this _______ [Day] ________________ [Month], 20___.WITNESS:_______________________________________________Landlord/Seller_______________________________________________Landlord/Seller______________________________Tenant/Buyer______________________________Tenant/BuyerASSIGNMENT OF CONTRACT: For the sum of one dollar and other valuable consideration do hereby assign all rights, responsibilities, and interests of this contract.

Hi guys,I started out going to the courts and composing my own list of probate sellers by hand.

Unless, the wife is no longer on title, but there is some court/divorce order giving half equity or something to ex wife.....then again with a second mortgage there, it's the husband who could be committing fraud, not you.

Aside from physically visiting the foreclosure listings and trying to get an exterior idea. I can get comps, check titles, and get a market value, but not sure if there is a good technique on creating an ARV without s...

Often, I wish I could convert the entire PM into a thread for the benefit of all (perhaps a future programming function for @Joshua Dorkin )With that said, I really encourage all members, both new to BP, new to investing, I seasoned vets to ask their questions in the forums so not only one person can answer, but many providing better feedback with many points of views on questions where they consist of opinions and experience rather than simple facts.Clearly there are cases where the question is much more of a personal and private issue and not as appropriate fir public forum view, therefore, these types of questions should remain in a private PM ore email.I still encourage those to PM me, but I do suggest to all that they use the forums as often as possible as you will certainly get much more out if it!

I like the idea, but just because we write things in the lease does not always mean it will hold up in court.

If a property appears neglected or vacant as @Ned Carey predicted, I check an online tax lien site, the auditors' site to estimate how much equity they may have, the scheduled sheriff sales site where the plaintiff is a clue to which are probably tax lien sales, and the Clerk of Courts which shows other foreclosure actions, judgments, etc.

You can even look up court record online for your county to make sure that probate case has been closed for the original owner.

Worst case you could take them to court but if it is enough that smalls claims can't handle it then you are going to lose some money some money no matter which way you slice it.

They are not a productive way to use our resources or the court resources.