Jenna H.
I bought a foreclosed home with a tenant in it, he will not allow me to have an inspector inspect property?!?
22 February 2013 | 14 replies
Which county/city are you in?
Sergio B.
Newbie--->My first REO deal : What would you do with it?
22 February 2013 | 12 replies
Listing agent says bank will lower price to 59K since they had been no offers ( because of the above situation ) long stoy short bank accepted a 53K offer we sent, now we are waiting for the county certificate of occupancy ( all REO sales require COO in Miami Dade County).Deal is all cash , will be be closing in the next couple of weeks.Tenant has expressed interest in keep renting (rent is 1K monthly).
Arif Khan
Commercial note buying forms
5 March 2013 | 4 replies
Funds are paid, representations and agreements are signed and the note is assigned with an endorsement and filed.Usually a buyer will ask for a package of documents, I'd want to see;Copy of the note and deed of trust, Commercial deal, a copy of the settlement for the transactionA list of inventory collateralized and copies of the UCC filingsA copy of the first lien as filed with terms and payment requiredPayment history of the note, with verification of receipt/depositsCopies of any loan modifications or extensionsAppraisal on the property at sale on RE and equipment if anyA letter simply desiring the intent to sell with a description of the note with the book and page county as filed.
David Robertson
Lot of stiff competition out there
10 March 2013 | 19 replies
Now, there are only 10 in the county I live in which has a population of 840,000.
Aimar Campbell
abandoned houses research
18 February 2013 | 9 replies
i have the addresses of both. i tried to research county clerk but they only let you search by block/lot. thanks for any input.
Dutch Smythe
Tax Deed held by #1 but person #2 wants to buy house
17 February 2013 | 4 replies
When taxes aren't paid the county sells Tax Certificates, which is basically a loan made by an investor to the county for interest.
Dean Teter
What websites are some of you using to locate properties?
21 February 2013 | 4 replies
just quick follow up dean. i noticed you are from CA. that is a tax deed state. there wont be any properties with tax liens. you will need to county your county tax collector or equivalent and get the tax role list or properties subject to tax sales. when you get the list market to those owners. in CA the properties go right to deeding. therefore, if a property does make it to the sale the owner is going to lose it.
Ned Carey
Maryland Proposes Rent Control.
11 March 2013 | 9 replies
I've got 3 properties under contract (short sale) in PG county.
Brittney Taylor
Abandoned Property Questions
20 February 2013 | 24 replies
Yes I checked through county records and it shows Bank of America as the owners since January 2012.