Late or missed payments can create negative effects on your credit profile as do long-term balances on your account.

It is a balancing act.

I put a deposit down of 20% with a balance of payment (10% each time) schedule based on % of completion.

If at any time during the term of this lease Lessee abandons the demised premises or any part thereof, Lessor may, at his or her option, enter the demised premises by any means without being liable for any prosecution therefor, and without becoming liable to Lessee for damages or for any payment of any kind whatever, and may, at his or her discretion, as agent for Lessee, re-let the demised premises, or any part thereof, for the whole or any part of the then unexpired term, and may receive and collect all rent payable by virtue of such re-letting, and, at Lessor’s option, hold Lessee liable for any difference between the rent that would have been payable under this lease during the balance of the unexpired term, if this lease had continued in force, and the net rent for such period realized by Lessor by means of such re-letting.

The balance due would be considered a lien if the bill wasn't paid.

> Lease Orientation DVDYou can easily create a PowerPoint Presentation going over each paragraph of your lease and house rules, as well as general procedures such as maintenance requests, trash pickup, definition of "Emergency", proper use of disposals and toilets, and whatever else your tenants frquently have problems with.

The outstanding balance owed on this judgement is 322,442.From what I can see this person owes no other mortgages on this property.It appears that this person or a contractor was able to access this home and rip out everything.What should be our next step?

Side note make sure you set up retargeting and proper conversion trackingLet me know if you have any questions by just posting here or PM me- Angel-Ty L.

You have to strike a balance between the better financial returns of lower priced houses, versus the more intensive management they require.

If the seller gets caught doing this he could have to pay the remaining balance of the loan in as little as 30 days.