My uneducated synopsis: House has an issue with cycling air throughout the house properly (pretty much filtration soiling caused from improper placement of insulation).

Suggested legal language for Purchase and Sale Contract: Seller and Buyer each acknowledge that in connection with Buyer’s application for approval to assume the loan(s) currently encumbering the property (the “Loan Assumption”) certain items must be delivered to __________________ [INSERT NAME OF LOAN SERVICER] (“Servicer”) so that Servicer may timely process the request for Loan Assumption.

We go through cycles of significant cash, then none, more, then none, etc. 

At BP, not only can you network with other real estate investors, you can learn from the informative forums posted daily on the site, find properties that are for sale, and take free courses.

Now you run the risk of the bank calling the loan due if they find out about this transaction happening and if you quit claim deed a property off market then you might have problems with the sale of the property and more signatures may be required by the old owner in order to sell and you will assume any liens/encumbrances the old owner has you might miss since you didn't have a title company transfer title.

Hi BP, Is it recommended to reach out to an attorney for tax sale purchases in order to properly secure asset?  

Hi BP,I need a little clarification on the redemption laws for NYS on Tax Sales? 

I feel really comfortable working with short sales, foreclosures, and folks with inherited properties, but distressed properties are definitely in decline right now with the high market prices.

My husband and I feel like in essence, they are acting within their professions of realtor & contractor and that their compensation should simply be the commission from the purchase and sale of the property, and the contractor fee for managing the renovation.

We work with lots of new investors and provide help before and after the sale.