To do this you need to get an authorization to release information signed by the homeowner.

But, he removed the generator before authorities showed up.

I could really use some good advice from the field of experience on this forum regarding how to continue with my offer(s) on hopefully my first official deal, since 1998.

First official thread on BP besides an intro, I can't wait to look back on this in a few years and laugh at myself.

Sounds like to me they never had the cash or threw the cash out to get you to accept a low offer and then switch it to financing.With cash you want to leverage a low price to justify using a big chunk of your cash.Years ago investors would do this junk.They would send an all cash offer to get the bank to accept a lower price and then switch it to financing later.Banks caught onto this little plan and many now have addendums that specify the bank has the authority to cancel the contract if terms are changed.Big difference between paying cash and FHA or a VA loan.FHA they are only putting 3.5% down and VA will have condition issues tied to it.I do not know what contract you are using so I can't comment on what you can do legally.If you don't have representation have an attorney for a 100 bucks or so look over the contract and ask questions.no legal adviceThe first attorney visit is a consultation.If you want to keep meeting them over and over negotiate a set price to help you with the contract.

I'd ask for an authorization signed by the tenant.

@mikewelchI think what the author is saying throughout the article is it is NOT bank fraud.

Here in Mo. it's fraud to advertise a property for sale by a non-owner or authorized agent, I bet it is in Texas too or any state unless your position is fully disclosed.......subject to seller providing good title, LOL!

I have never heard of any taxing authority taxing a property as a retail shop if it was a SFD, unless the SFD (building) was in fact used as a retail space.

If she borrows a lot the credit score going down will cost here future money in higher interest rates.Some credit card and other companies now have provisions in small print where if other accounts that are not their default and start going late they can up their interest rates to cover future perceived risk.They can also freeze credit lines,credit card accounts and just ask for her to keep paying the balance but not allow new charges.So there are many implication here that have to be considered.There are certain items by law that creditors cannot touch.That won't keep the collector though from trying to convince you to pull from a retirement account,401k etc. to pay them.So watch out and know the laws and your rights.The owner of the actual loan and who services the loan could be the same or different entities all together.The point of contact will be the loan servicer and they will contact the owner of the loan directly.Whether a bank wants a property back will depend on costs to foreclose versus a DIL and if any post redemption rights exist which the seller could waive giving the property back to the bank.If there are a bunch of additional liens attached the bank will generally foreclose to wipe those out unless the junior liens agree to release for a tiny amount say 1,000 or so.First step is to get and ATH(authorization to release) and get it to the bank for permission to speak about the account with the servicer.With the account being current they won't be that motivated.Usually you are in customer service,then after a few lates you will go into collections,and then loss mitigation before foreclosure attorney gets involved.