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20 February 2008 | 8 replies
Also, I know the default owner and he has ZERO interest in getting the house back… Yes and no to the “senior lien” idea… The senior lien is almost always the best position to buy… However, you need to be aware of what other liens there are that can still “stick” to the title after a foreclosure sale… (I will speak for my areas only here)… But liens from the IRS, the State, County property taxes, city assessments for street improvements, sewer and water connection fees, certain utility bills, are things like that can “stay” and “stick” with the property after the foreclosure sale.
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26 February 2008 | 22 replies
i'm saying that in NC, it is common practice, and leagl afaik, to pay a birddog a fee, whatever it may be, as long as all parties are aware of it...ie, full disclosure.we do this, commonly, by refering to this person or entity in the purchase contract, represent the funds owed to this person on the HUD1 closing statement and then actually paying them out of the closing proceeds.as far as being licensed goes, the birddog isn't representing anyone in the deal, simply being paid much like any other contractor offering a service.
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1 March 2008 | 10 replies
Realize, most people involved in real estate are not aware of Freebie courses and such that will benefit their business and show them how to position themselves online as an authority.
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14 October 2022 | 8 replies
I would prefer using a third party that is aware of the laws and has processes in place to protect personal information of tenants.
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21 May 2021 | 54 replies
If you are an agent and doing non commissioned deals on the side I think your broker should be made aware of these transaction and give his blessings.
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8 August 2016 | 2 replies
(Or saving their address and just direct-mailing them)Also, with the REOs, I'm sure you're already aware, but it never hurts to make an offer far less than the asking price.
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28 August 2016 | 64 replies
Maybe not like a war zone property that may even go down in value Or a turnkey that's purchased at top market rate.
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8 November 2022 | 2 replies
Is this something I should be concerned about as it was an inherited issue I was not aware of?
25 September 2016 | 24 replies
, and b) I'm the minority opinion holder, aware of this, & not an evangelical, and c) I generally don't know what side hustles they have going on where the car might come in handy, and d) it's not my job to judge.When I run credit and someone in a high income bracket does not have a car payment, do I give them "yay, we're like minded!"
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25 September 2016 | 28 replies
At the time of signing, maybe she was not aware because she was not on title that her signature is required.