Here in Ohio, you can Quit Claim the properties into your LLC without incurring the transfer tax.

I was watching an infomercial by John Beck's program that claims you can buy properties for few hundred dollars (about $300) from tax foreclosure sales.

In OR there can be a claim for back taxes that were paid by the state to the county.

Alot of what this is about is not a safeguard for consumers as claimed, in my opinion, but a way to make it very hard for the small mortgage broker to survive.

had a couple other jobs pop up in the interim, gave him those too, 75% down.please hold your laughing as you know where this is going.realtor lives with contractor, contractor scratched surface for a looooonnngg time. kept making excuses, stories. found out they have been sued before and he has aggravated theft charges out.so he claims to have had inspections, etc.

On tops, you will NEVER have a claim.

You have no claim against the purchaser at the auction, whether that's the lender or someone else.

However, they've hired an attorney claiming wrongful foreclosure, under violation of the Texas Consumer Protection-Deceptive Trade Practices Act and along with it a Lis Pendens against the property.

You need documentation supporting your claim that it's valued at a certain amount, and you have to prove that not one red cent is going to the previous homeowner.I thought short sales were usually negotiated with lenders when the loan balance was severely in excess of the FMV of the home.

Applied for refi of $115,000 Appraiser met me at the house and when I asked for the report it took 6 months and BOA claimed it was just a ride by not a full appraisal.