But if the settlement/judgment exceeds the value of the value of your property they can reach over to your house or other assets to cover the difference.It's not a common thing, but it does happen.

I have been investing in B-more for over 40 years - my suggestion is to study the market, learn creative financing, make offers and look at 20-30 properties every month until you feel you understand -values - in Baltimore the values change from one block to another - understand that.comps, be sure you have access to comps and understand the real comparison financing - hard money - soft money - seller financing - delayed settlement - joint venturing -etc.contracts - what will you use a MAR 35 page contract or a skinny one page with one contingencyunderstand the auction business - learn how to use auctions to sell your dealsattend auctions - meet REAL INVESTORSmeet real investors (many of the attendees at REIA's are not pros and looking for help from each otherlearn to recognize BS from real good information - talk is cheap - KNOW-NOTHINGS like to talk - talk is is free, it makes them feel important!

I have been offered a settlement that is a fraction of my original loan but about 1/3 of what the property now appraises at.

Agree to an escrow by the seller to hold for any checks clearing, your agreement can address this that he has personal responsibility for conducting any business 10 days prior to settlement.

The house was in my name, not the LLC, so the settlement proceeds had to go to me and a personal checking account.

I want to withhold that $400 too, but my husband won't let me.We go to settlement with the bank on Wednesday 5/17 and they want him paid ASAP, but require a "Paid in Full" letter signed before we release the check to him, and idk what to do.Thanks in advance.

On the HUD settlement the full assignment fee was issued to the same wholesaler's LLC.

Much easier if the tenant has renters insurance and liability insurance, for the injured party to get a quick settlement from the tenant's insurance company.

Many will need to be done prior to settlement, and some owners just are not willing to deal with this. 

I mean really your defense will basically be the same as the PM since you've hired them to do the work.I'm guessing someone's looking for a out of court settlement...