Actually they are taking the "title" back from the owner.The term "pre" foreclosure (depending on the state) is the time period a lender must go through where the foreclosure process is actually a public record, up to the date the lender legally obtains title to the property.So the correct terms would be:Pre-foreclosure - Public notice has been filed where the lender initiates reoposession of TITLE from the current homeowner.Foreclosure - After a lender has completed the legal process and they now hold the title and are the legal owners.

MLS is for marketing the properties that I find to the general public (and sometimes I will use a realtor for that).Why would I hire someone to help me structure a deal when that's supposed to be my expertise?

The money that is loaned out will be secured by the home so as a potential buyer of a home you can think of it like you would a traditional mortgage.

Check out my company's webpage, www.miligroup.net, as this is a company that when it goes public I am going to purchase a TON of stock in.

Futher still, you have to deal with loass factors like public easements, setbacks, greenspace requirements (some places), and buffers.

A brand new mobile home often has a secured loan or mortgage.

Financed 1st deal by aquiring 100% financing by simply credit ( in definition, financing secured by shear credit is a debenture), bought property from builder at a discount of %10 by offering him a quick close (meaning no wait-time and no-marketing expense) and frequent business relationship, contract was struck before property was finished, found several buyers before property was finished and I closed.

This system has some innovative and unique qualities not possessed by any of the current online database companies and is designed specifically for your industry and is used by thousands of Private Investigators and Collection companies.All Skip Searches and Public Records are $1.00 per product searched.

They moved in August 1st in which they paid August rent of $1600 as well as a security deposit of also $1600.Sept comes around and no payment...after leaving it the hands of my property manager, she finally concluded in the 1st week of October that the tennants are deciding to get up and move.

Also, I would like to point out that HML ask for cash available, equity in other properties (or your own home) or collateral to secure the loan.