What I proposed was to have the developer quit claim us onto title and we could then do a 70-75% cash out refi.

I still have a claim open and I have four years now to take action and sue the company for their neglect on the roads that lead to my injury.

The title insurance covers any other claims, but not that specific one.

If there is a sale the IRS might have a claim on the property that has to be paid in full before the title can be released.Selling might be one step in a very painful process that has no economic benefit at the end.John Corey

.* They claim to be working in your neighborhood and just happened to notice some sort of repair needed on your house, such as roofing, painting, or cracked portions in your driveway.* They offer a special price or discount claiming they are in the area and will knock off a portion of the cost due to excess materials from other contracts.* You may be told you must act right away to get this special discount pricing, and you may be asked to give them money up front before starting the work.* They offer you a discount price if you allow them to use your home to advertise their work.

Here in Ohio, you can Quit Claim the properties into your LLC without incurring the transfer tax.

I was watching an infomercial by John Beck's program that claims you can buy properties for few hundred dollars (about $300) from tax foreclosure sales.

In OR there can be a claim for back taxes that were paid by the state to the county.

IMHO, any growth rate greater than 0% is unrealistic for the next five years.

Alot of what this is about is not a safeguard for consumers as claimed, in my opinion, but a way to make it very hard for the small mortgage broker to survive.