Hi Folks,I am studying a title where ABC Husband and XYZ wife signed a Deed of Trust to a BankAfter few years husband died, without writing any will.They created affidavit of heirship for Children, and wife XYZ created Special warranty deed for their three Children and transferred the property.Now property went in default and bank is foreclosing the deed of trust signed by ABC and XYZ.So now the owners are the children, If I buy at foreclosure auction at county then what happens?

Its just a matter of writing down what you guys will agree upon and moving forward.

But for the full time RE broker investor that is a business tool and write off along with in the day a TAX credit.. so have to look at the whole picture..

*Purchase as much landlord information as you can as you can write it off.

I will be on the lookout for those signs and write this information down.

HOEPA imposed onerous penalties for loans that were classified as " High Cost Loans"   HOEPA would also rescind (write off) a loan if it was determined that the lender had not documented the Borrower's Ability to Repay. 

I usually write it on the receipt and then take a picture of it with my phone.  

You learn how to sell and how to (Really) write contracts once employed.Understand one thing, though, before you start.  

Hi John,I think writing the 60 day notice in is a great idea if you are going to month to month.

If those two things are true, then write a contract with the seller that allows assignment and assign the contract to your buyers for an assignment fee.