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6 November 2016 | 2 replies
The reason there is a release shortly after that mtg is because a mtg is recorded immediately, but the release from prior mtg.s (which were paid off with the new mtg) don't get recorded for a couple of weeks since the mtg holder has to receive the pay off, execute a release, then mail it in to be recorded.The balance now remaining on that $251,000 mtg that is being foreclosed on depends on how long since they quit paying on it.
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26 January 2018 | 7 replies
I feel note holders have more sense of entitlement because they have been able to live in the house for free for longer periods.
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16 May 2019 | 5 replies
For what it's worth, in my State , Washington (and probably in every State), a lien holder such as yourself, has the right to protect their lien by paying the past due taxes.
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30 July 2019 | 0 replies
Many of the slides he used, in my opinion would be great presentation tools for educating IRA holders on the advantages of using SDIRAs for real estate investing.I would say the Rule of 72 was one of my favorite take-away but when he started talking about the perks of being a BP Pro member and that there are IRA custodian firms ready do provide discount services at a discount made my decision to go Pro even sweeter.Matt's advise on finding, approaching, educating and presenting deals to IRA prospects was, in my estimation, priceless.
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21 January 2019 | 5 replies
Many local housing authorities who administrate the section 8 program, want to expand the geographical areas for the voucher holders.
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10 January 2019 | 23 replies
The owner of the property, or LLC, is the holder of the contract, not the property.
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11 September 2018 | 19 replies
Like to get perspective on how they are going to handle a market downturn when you have so much of product in a given market of similar type.How would these 1000+ apartment holders(active partners) handle these projects when the prices and rents go down , interest rates go up and projects need new capital infusion to survive.
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15 June 2018 | 8 replies
Also, call the note holder every year and offer 57% of face value for all cash right then.
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14 September 2019 | 18 replies
However, there is much varied opinion as to the degree to which banks/lien holders try to prevent this by exercising the due on sale clause of the loan and on how difficult it may be to find insurance.
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9 September 2016 | 36 replies
When you pay off your mortgage with a HELOC the bank that gives your the line of credit becomes the new lien holder.