Possession, use, enjoyment, disposition and exclusions.

If your partners walk or otherwise don’t perform, you at least have the house free and clear and can disposition it as you will.

The more seasoned the foreclosure is, in general, the faster you will get to the disposition.

They then try to market them like real property making a side note of the security instrument and process that it takes to disposition the asset.

Do you have him also oversee the property disposition; i.e. approve the sale price due to the connection between price and his profit?

My employers were always larger firms with highly specialized roles, so I wish I had better exposure to leasing, acquisition, and disposition transactions - I have some exposure but not the nitty gritty good stuff.  

The current disposition strategies for a defaulted note are the same as they have always been.  

I feel like I've done a little bit of everything; multifamily, commercial, mobile homes, development, construction management, asset management, as well as acquisitions & dispositions.

No 3rd party receipts and you will 9/10 times loose.Whatever you do, don't put anything in the security deposit disposition that you don't have 3rd party receipts for.

I have been active on the internet lately promoting some properties.I received an email asking if i needed use of funds and for what for from a direct internet connection.I responded with:Transactional funding use of funds for 24 hours or maybe up to 3 days maxRehab funding acquisition to disposition 6 months use maxLong term hold funding acquisition, rehab and paying back the loan with funding from tenant funding 10 years if acceptable.Odd things:1) Speaks broken English with complete American Name (Sounds Asian)2) Uses a google voice number3) Asks if i am married4) Calling me several times asking me the same questions that i had already answered.5) Gave terms but never said anything about approximate value of property that he would loan on ie 65% LTV 70% LTVTerms:10% down and 5% Interest from $50K to 1M send a copy of my license.