Please note that per the multiple loan rules, the amount of the loan must be reduced by the highest outstanding balance of any other 401k participant loan over the prior 12 months (regardless of whether such other loan is currently outstanding).Monthly or Quarterly Payments: The loan must be paid back in equal monthly or quarterly payments of principal and interest.Interest Rate: The interest rate is equal to prime plus 1% (or CD rate plus 2%) and is a fixed rate that is set at the time that the loan is taken.Term of the Loan: Five-year term unless the proceeds of the loan are used to purchase a primary residence in which case the term of the loan may be up to 30 years.First Payment:For monthly payments, the first payment that would otherwise be due is delayed until January 2021 (e.g. if the first monthly payment would have been due on May 15, 2020, it will be due on January 15, 2021).For quarterly payments, the first payment that would otherwise be due is delayed until the first quarter of 2021 (e.g. if the first quarterly payment would have been due on May 15, 2020, it will be due on February 15, 2021).EXISTING LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.If you meet the above conditions:You may delay making any 401k loan payments due between 3/27/2020 and 12/31/2020.You must commence making loan payments in January 2021 (or the first quarter of 2021 if your loan payments are due on a quarterly basis).If you elect to delay making such loan payments, the term of your loan will be appropriately extended.

They were an outstanding Advertising agency when we signed up and only charged $175 per year per condo. 

Investor hereby irrevocably covenants not to, directly or indirectly, assert any claim or demand, or commence, institute, or voluntarily aid in any way, or cause to be commenced or instituted, any claim, action, suit, proceeding, demand, threat or allegation of any kind against any Releasee based upon or relating to any Released Liability.Investor hereby acknowledges and agrees that (i) the Payment Amount represents the full and complete payment for all of Investor’s and its transferees’ and assignees’ rights with respect to the Purchased Assets and the Payment Amount is less than the outstanding principal balance of, accrued interest on and other amounts owed with respect to, the Purchased Notes, (ii) upon execution of this Agreement and payment of the Payment Amount, Investor shall have no further rights in, to or under any of the Purchased Assets and Investor shall no longer hold any interest, or have any rights under or with respect to, the Purchased Notes or the other Purchased Assets, (iii) Investor shall no longer have access to its account on any investor portal used for the Crowd Platform, (iv) in the event that Investor receives any payments (x) from the Crowd Platform arising from the Purchased Notes, (y) in excess of the Payment Amount, or (z) for which Investor is otherwise not entitled to receive under the terms of this Agreement, Investor shall repay such amounts to Legacy POL immediately upon receipt thereof, and Legacy POL will have the right to pursue such repayment to the fullest extent of the law, (v) Legacy POL shall provide Investor with a Form 1099 (if required by applicable law) and/or a principal loss document in 2022, which shall be sent by email to [____] with a backup copy to [_____________], and (vi) Investor shall promptly furnish to Legacy POL any additional information as Legacy POL may request from time to time for the purpose of satisfying any tax or other reporting obligations of Legacy POL or POL SPV with respect to the Purchased Notes and this Agreement.Confidentiality.

You can call the recorders office to see if there are any other outstanding liens against the property if need be. 

Outstanding information!

@Sean Williams We were very satisfied with a great agent based out of NJ who works with property owners nationwide.

I know one recommendation was to go to the local hospitals nearby and speak to their HR staff but that seems like too much work:)btw, I am targetting the NJ state but a platform that targets nation wide would be ok too. 

They are a site that runs tax and foreclosure auctions for a lot of counties nationwide.

Signature FCU says they work nationwide, or perhaps Spring EQ.

So I also pull their credit reports which gives me ALL of their outstanding credit accounts, along with creditor names, total amounts owed, monthly payment amounts, on-time payment histories, any amounts in collections, etc.