In the negotiations (civilly, if ever there was a misnomer...) the buyer's attorney says, "We won't persue criminal charges against you, Mr. seller/lender if you drop the foreclosure against my client and give him the house free and clear."

So, if it was purchase money it looks like you're in the clear.

I know a few who claim to loan at higher rates and points but it’s not clear how serious or how much business they do.

Thanks and just let me know if I can provide more info or if my question is not so clear.

Send mailers to Out of state owner who have owned for more than x years (more than 30 years, so you know its free and clear meaning they will be more flexible with sales price) 22.

It did surprise me that they would count taxes and insurance from a paid and clear property against me.

Yeah - clearly have to look into a different business structure.

It wasn't clear on a lien holder or an amount owed.

So in this case, I switched my coverage to 100k - enough to pay off the loan plus a little something extra to take care of any lot demo.Then I figured I would end up with a lot free and clear.

We get the contract, they handle paperwork for every deal between title co and attorneys, etc. would also do bookkeeping and organizing of all our buyers and sellers.I would also like to bring in someone for acquisitions eventually although I think this will be an easier position to fill as I'm pretty clear on what I'd be looking for.