A subject to purchase is when the land is purchased subject to a senior lien or mortgage2.

It's in a Senior Park so I can't own it.

You need to get the citizens to stand up and try to make a difference, and the landlord will follow.

Walking through the property you saw men in tank tops smoking and seniors that seemed to be short of a few teeth.

I have seen Connellsville as a whole take a turn over the years - watched my parents neighbors go from high standing citizens of the city to drug slinging maniacs.

For deals I do with my own buyers no matter if they are other investors or home buyers or seniors on reverse mortgages I will be honest and say I am not sure what they see – I think the title company I use only provides the sellers statement out of habit because of the volume I did several years ago with a the referrers.

If the HOA lien was senior to the BoA lien, then the BoA lien should have been extinguished at the foreclosure auction when the HOA lien bid happened; my guess is that if BoA's line was going to be wiped, then they would have been there bidding to win.

Marie this goes directly to my point in the post about buying junior loans with the intent to not pay the senior loan.Just cause everyone is doing it doesn't make it ok or mean they won't come back later and try to nail you for it.

Hi Keith,Depends on the type of loan and lender you are dealing with and their underwriting requirements.Seasoning is often a "sourcing the money" search for an underwriter to find any undisclosed private loans that will affect the DTI ratios to pay the senior lender (first position).They want to know how you got the money and any strings attached to it when they make a loan decision.

So, with China starting enforcement of their 1993 tax code, which requires Chines citizens to pay taxes on any overseas income and declare overseas investment, I wonder what the effect will be on the Westcoast housing market.