I have lately been thinking of integrating a realty function within my business.

I watched a house for a few months. 2 weeks till it went to auction at the court house. about 1.5 weeks away from auction someone, or something else bought the note or something. not sure what happened alls I know is all the waiting didn't pay off.

Corespondence about the properties the properties that these 2 own is being handeled by the court system.

They can take you to court over it and win.

Do you just drawl up a new one at the court house?

“They” say… A real estate transaction is not consummated until the “consideration” or “earnest money” deposit has been paid, so there is possibly a risk doing it the way I described.With that said… If a seller was trying to “get out” of an agreement we had together… and the deal is not yet closed, I am not going to fight with them over it… I generally would let them out… It is easier to find another deal than it is to fight with them for 6 months in court!

wells fargo is becoming less excited with each purchase about financing more houses for me personally.i am trying to set everything up for long term functionality.

But, if you've signed a personal guarantee on the mortgage, then they're not shielded (at least up to the value of the mortgage) even if you've set up each LLC properly and run it like a business so the courts don't "Pierce the Corporate Veil".

It will fall off of one's credit report after a specific time limit as the credit reports cover a specific window of time.If the application asks if you ever had a bankruptcy you still have to answer yes as it does exist and court records will still be valid.I am not sure anyone can guarantee to take such items off a credit report if they are valid.

It was tied up in bankruptcy court for years before being released to me.