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24 October 2014 | 5 replies
The outstanding loan amount is $160k and the property is worth more than that (this info is not really pertinent to the question).The question is: what is the best/safest way to do the transfer without spending more money than necessary?
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23 March 2018 | 18 replies
They mentioned that, only the outstanding balance(utilization) will affect the DTI and not the credit line approved for.
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27 May 2015 | 3 replies
Along with about $10,000.00 in outstanding bills so as there are no liens and 1 judgement to be satisfied .
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4 October 2012 | 1 reply
The bank isn't likely to give a damn or even notice where the money comes from.
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26 March 2017 | 20 replies
Then let me be the one to offer an example that disagrees with the two quoted posts, from Tom Goans and from Ned Carey.A property I was looking to purchase at sheriff sale showed no outstanding liens for sewer or trash.
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7 August 2012 | 26 replies
Unlessit can be shown that a property/note is waaaay under water and no amounts could be due the past owner, you better sell it if taken as collateral.If you take the property back from a cash loan you only have a collateral interest and the owner can sue your pants off for not selling and seeking any outstanding equity.If the note was arising from any installment sale, the sale is purchased and if there is a default, the sale transaction is void and then the property reverts back to the note hollder, you can sell or rent that property.
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6 June 2013 | 23 replies
I feel about 15% disqualified themselves because it was not what they were looking for, and about 75% of the people had some sort of disqualifier either they divulged to me (ie;income requirements, too many people) or their quick CCAP search came up with some evictions or outstanding money judgments that they just so happened to be "clearing up now," although 4 years old.
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29 March 2013 | 7 replies
We damn near set a record with it taking 42 days to close.
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18 November 2012 | 11 replies
If you don't believe it is worth 15 and he does then you have a large problem.If you make 20k on a 30k investment that is outstanding.
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28 March 2013 | 16 replies
In most cities, these systems are online and you can view the files online.I would also conduct a title search on the property to make sure the title is clean and their are no outstanding liens.