Rod Mcdaniel
What can be use as collateral and leverage?
15 August 2010 | 7 replies
As assigning a committment letter or line of credit, by the nature of the type of legal contract made here, these obligations to provide funding can not be assigned without lender consent, and I have never heard of consent being given.As Jon pointed out, borrow the money and put it your account.
Troy Michaels
how to get make offer on owner finance deal when seller is afraid of due on sale clause
10 August 2010 | 14 replies
There are all kinds of smoke and mirror games that can be played with trusts and such, but at the end of the day you will be triggering the clause and there is no failsafe way around the clause absent lender consent.
Brandi Paul
Short Sale Flips-MLS info
30 March 2011 | 9 replies
Escrow w/your buyer is NOT a short sale;however seller must receive written consent from existing lien holders&acquire title free from liens in order to transfer clear title to your buyer."
Rob Smith
Has anybody heard of this
1 April 2010 | 16 replies
Effects on credit would probably be less since you are not a party to the note sale, other than giving consent, if the buyer is not an insured regulated lender of secondary market entity.
Peter Lee
Best way to purchase single family houses before they hit MLS?
4 February 2010 | 24 replies
We purchase loans all the time without the consent of the borrower.
Christian Arellano
Assigning a Lease Purchase Agreement
21 February 2010 | 9 replies
Any CC&R’s take precedence. will not make any major and/or structural alterations to the property without prior written consent of the Landlord/Seller. required to obtain all necessary permits, required by law, before commencing improvements.
Justin S.
Notes and Unicorns
2 April 2010 | 9 replies
If I am in default and they have given me notice saying pay up or we are going to seek all remedies available to collect our money, then they can seek buyers for the note without my consent or even my knowledge, at that point I brought this upon myself!
Jason S.
Short Sale With Leaseback & Option
4 October 2011 | 9 replies
I am not interested in anything that "pushes legality" if it is not completely straight and open and legal I will not do it.The California Civil Code states:[i](e) Whenever any equity purchaser purports to hold title as a result of any transaction in which the equity seller grants the residence in foreclosure by any instrument which purports to be an absolute conveyance and reserves or is given by the equity purchaser an option to repurchase such residence, the equity purchaser shall not cause any encumbrance or encumbrances to be placed on such property or grant any interest in such property to any other person without the written consent of the equity seller.
Bienes Raices
Quitclaiming into LLC, and lease
6 April 2010 | 4 replies
Changing this without their consent would not affect their binding lease contract with you personally, which would defeat the purpose of transferring to an LLC (asset protection).
Larry Moore
If you can't convince them, call them stupid.
25 November 2010 | 90 replies
It declined even further when schools were required to get parental consent to administer sunscreen or an Aspirin to a student; but could not inform parents when a student became pregnant and wanted to have an abortion.