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16 January 2025 | 7 replies
It's a whole new world to me and throughout the dozen books and hundred podcasts I've listened to so far I've waffled back and forth from feeling encouraged and excited to feeling like getting into the game in my area would be unattainable... and then back to being encouraged.
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29 January 2025 | 21 replies
However, deeds in lieu of foreclosure can be subject to judicial attack by their grantors and their grantors' creditors.Grounds for attacks on deeds in lieu of foreclosure include the following:• That the deed was an equitable mortgage - that the parties intended the deed to be given as security for a debt and that the deed was not an absolute conveyance.• That the deed is either a preferential or fraudulent transaction within the purview of the provisions of the federal Bankruptcy Act or any other related state law.• That the deed is a device to clog a mortgagor's right of redemption.• Unfairness of the consideration.• Coercion, fraud, oppression, duress, and undue influence.• That the deed is not subsequent to the execution of the mortgage but contemporaneous with it.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
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30 January 2025 | 10 replies
If you're looking for cash flowing markets.. a lot of investors, including myself, are looking in cities like Cleveland.
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19 January 2025 | 2 replies
Good listings are a people game, not anything you have at the bottom of your post.
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15 January 2025 | 6 replies
So I’m trying to come up with a game plan Conventional loans do require 25% down on an investment property.
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21 January 2025 | 10 replies
Contacting rentals is a smart approach too, its all really a numbers game
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1 February 2025 | 9 replies
How much do they charge and what's included?
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26 January 2025 | 32 replies
We had been to lots of seminars and guru programs looking for a way to get into the real estate game.
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20 January 2025 | 7 replies
Whether you’re a mortgage broker, real estate broker, or running a private lending shop, what software and processes have been game-changers for you?
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24 January 2025 | 0 replies
Experts, including Redfin, predict further improvements in affordability by 2025.The decline in rents is being driven by:1.