I had no idea what kind of flexibility was built into their pricing and what you said clears that up for me.It was initially brought to the market at $189,900 but then was reduced to $179,500 the next day.

If you buy then be very, very clear that the seller and their agent know that you are buying for yourself.

That protects your interest while you try to clear up the title.

They certainly CAN be problematic, especially a disposer, but if you provide clear, written, instructions on basic operation, AND make sure the tenant knows they will be responsible for the cost of service calls caused by misuse, your problems will be minimal.

Question 2: How long is a lender allowed to hold onto a property before it becomes a regulatory problem and they are truly forced to clear it from the books?

In some sense meaning nothing leave the space clear so you can invent a meaning rather than have to live with the past meaning.Thanks for the quick reply.John Corey

Clearly there are more posts happening now than there was in the past.Does the number of posts line up with anything else?

Thanks, for pointing out some of the obvious things I did not think of or make clear.

To clear $50k on assignment fees though, you need to be dealing w/ big numbers.

I am familiar with land trust, and i can tell you one thing, a warranty deed to trustee conveys all rights of the property to the trustee, the land trust agreement itself gives the trustee their directions or limits if you would.To clear things up a Deed of trust is that sort of the same as a mortgage but used in a trustee state to give the trustee for the lender a power of sale.there is no land trust deed.