An REO is Bank Owned asset and is no longer a type of paper product,Non performing, scratch and dent and performing loans are sellable but are quite different from an REO type of saleLoans have a much greater due diligence effort as each hard copy of a loan is detailed with section 32, TILA, Note Riders etc...

Curious, how do you find is the most productive way to find good wholesale properties (leads) which have enough equity to allow for you to do your program of getting rehab estimates then whoelsale?

I specialize in loss mitigation (short sales) and I thought this might be a cool place to hang out and learn.Look forward to spending some time here.dave

Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.

Show up for the networking session, as those seem to be some of the most productive times at many clubs.

I specialize in rehabbing houses that have "good bones" but are in bad shape.

Generally it comes from a data service company that specializes in supplying this type of information.

If you do not know what that is, basiclly you advertise products from other people and if someone buys the product you get a percentage or a set amount.

Average appreciation for the past three years has been around 7-8% for areas with nothing special happening, I've seen about 15% year on year for the 3 years I've owned this place.

My name is Ahmad and I'm a commercial mortgage broker in Florida specializing in multi family, construction, land, and hard money loans.