Craig Fialkowski
Lease Option for unqualified Buyers
14 January 2008 | 22 replies
That said, to be abusive of someone you've never met is absurd and indicative of someone with serious "issues."
Ryan Urban
Attorneys and Subject To
25 June 2008 | 32 replies
The key here is that B’s property was a mobile home which was not legal affixed to the property (it was taxed like a car and had a title) … so after A had the same disclosures and I begged him not to buy “subject to” the closing was completed… SO… I scared the hell out of both parties, and caused the guru a lot of discomfort, and it took four hours for these transactions.
Elizabeth Einecke
REOs and Double Closings
29 November 2007 | 15 replies
Either way, the key to doing a double closing is the title agent/company, so make sure whoever you are using is open to a double closing.
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Who is 1st mortgagee?
16 October 2007 | 4 replies
If the borrower took out the 2nd knowing that it was not a 2nd that is different than someone forgot to record.There could be liability for the title insurance company if the 1st was not recorded and yet a policy was issued indicating it was in 1st.This one could be fun or a waste of time.John Corey
Joshua Dorkin
50,000 Posts at the BiggerPockets Forums
13 November 2007 | 12 replies
Measure that somehow indicate critical mass would be very interesting.On a related but different topic (thread is locked I believe).When inviting people to BP the process is pretty simple.
Curt Dumonceaux
Warranty Deed to Trustee & Land Trust Deed?
28 October 2007 | 13 replies
It does not indicate that they had a prior interest so anyone can quit claim anything.John Corey
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Newbie in Texas - renters skipped as well as other matters
23 October 2007 | 11 replies
Yes I know but what's done is done and I need help with what is now.I did not receive rent for Oct (this month) with promises to do so.They moved out, didn't return my keys, disabled smoke detectors and took light bulbs.
Alex Steward
Newbie Real Estate Investor
20 October 2007 | 6 replies
As an EE you will like RE investing as the key is the numbers.When you say multi-family are you talking about a duplex up to a 4 plex or are you talking about commercial apartment buildings (5 units or more)?
Nick Trahan
hello from CA!
20 October 2007 | 5 replies
It really helps to understand a person if they go into some of the key events in their past.John Corey
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How can I list REO?
25 April 2011 | 6 replies
It will be re-assigned to another broker/agent on their list.Listing residential REO ship sailed long ago.Many of my broker friends have stopped listing for banks and work on the buy side more as they pick up a bonus.On the REO side you get hit with BS certifications from asset companies wanting hundreds of dollars a year to be a MEMBER and POSSIBLY land a listing.When you do it's a POC (piece of crap) and you have to outlay a money with rekey and trashout,cash for keys etc. in some cases and wait for the money to be paid back to you.If you have a buyer for the property try to deal with FNMA.If you are just after a listing you need to go with a big reo brokerage already established and be a buyers broker.As local and regional banks have told me they get calls almost everyday from agents wanting to list their REO's.I am more valuable as I focus on the commercial side so they don't get as many of those specialized types.If you are the broker you can go to the local banks and offer to do it cheaper for volume and land business that way.Thanks