I checked the public records and the previous owner owes $519K in loans!

"To be frank, since the TARP money came in, they are still selling off (properties at auction), but they kind of took a step back." . . .Real Estate Disposition LLC (REDC), which claims to be the nation's largest real estate auction company, held 300 ballroom auctions in 2008 and sold nearly 33,000 foreclosed homes for $3.4 billion -- a seven-fold increase in sales volume and nearly triple the proceeds the company generated in 2007.Company CEO Jeffrey Frieden said he expects to "smash that record" this year as banks and lenders continue to amass a huge inventory of foreclosed homes and are more motivated than ever to sell their inventory. . . .Some observers fear that if the massive amount of debt the government is taking on to stimulate a recovery, inflation -- and higher interest rates -- are inevitable consequences.

I use clearnow.com to collect the payments and I use ahswarranty.com to act as handymen to repair things, check into those 2 companies, I think they are a great asset to us investors.....for the record I receive no monies for referring those companies.But again, until you get started somewhere you can't expect to make any money.

Thats a ticket to a clean record for your house.

An REC or a Memorandum of REC is recorded giving equitable title to the buyer, but no deed is recorded until the contract is paid in full.

Concessions don't get recorded in the county records.

I went to the New York Queens County Records Office to get a Lis Pendens list for my postcard marketing campaign and I was shocked to hear what the clerk had to say.I was told that a couple years ago too many people were coming to the QUeens County Records Office looking for Lis Pendens that they now sell these lists to Big Companies...

If we sign the mortgage docs before the deed is in, does the mortgage begin immediately or does it have to wait until the deed is recorded?

A Morgan Stanley travel agent said that the trip, along with a similar event in the Bahamas, was still on as of Tuesday afternoon.

I started out wholesaling junkers to other local investors by driving close neighborhoods for vacant and run-down houses, knocking on neighbors doors and searching courthouse records to locate owners.The secret here, is to warm up to the owner but not being afraid to make an offer that you think will make them mad.