I check title to determine if any voluntary transfers or encumbrances affecting title have occurred in the last year or two.

The title transfers to your name, but the first lien would stay with your dad.

The judge then reviews the claim and if it has merit assigns a case number and gives Marshall instruction to serve the defendant notice.If the claim has no merit or the case was filed in the wrong jurisdiction the case might be transferred or the judge will just deny the claim and not even assign a case number.If the tenant files a "baseless" lawsuit the defendant can actually seek counter damages against the tenant.

So, the quickest way to get up to speed in real estate is ate the basic levels of its economics, the valuation process, the contracting and legal requirements, how transfers are accomplished, settled, managed and how it can be utilized for a profit.

Transfer taxes?

Then the beneficial interest is transfered over to your llc thats making payments.

I thought that starting an LLC and transferring title could be an option, but I'm not sure if it's legal. 

Reasons for her holding the note:  1) She may not qualify for much of that $250K tax exemption, anyway, as it was partially rented, so may have to pay some hefty capital gains taxes on a direct sale, where holding the note would spread out the taxes over the years (not an accountant so you'd have to talk to one about it); 2) if good relationship, her kids might love keeping it in the family versus selling to outsiders and could help set up a trust for the funds to go through so she gets them while she's alive but automatically transfers to trust if she passes.  3)even if she doesn't need the money, having the extra monthly income is definitely a plus.  4) she doesn't have to fix anything up as you'll take it over as-is 5) no dealing with agents, inexperienced buyers, showings, basically all the things that drive one crazy when selling their home, and 6) feeling like she's helping her grandson:)  

Bill resources feature zero down payment loans and up to $ 417K in loan guarantees for the purchase of a sfh. the veteran has to be 51% owner of the sfh, or business doing the investment. if the veteran's also eligible for a reverse mortgage by generally being over 63 and having lived in their own home for the last 2 years their reverse mortgage eligibility can be transferred to an upgrade, or replacement home investment and position you as their incoming follow-on buyer of the home that they're leaving on unusually convenient terms. the limit on those reverse mortgages is $ 650K for a $ 1.1M+ sfh. hence a question that arises is what can you earn with the use of $ 650K with no month to month payment ?

The next issue is that the house had been transferred from a trust of 4 family members 20 years ago and there was a mistake in the way the trust deeded over the houses to the seller.