If a property is financed, it doesn't matter how many different ways you transfer it or where or who you transfer it to, because if you remain as a guarantor on the loan, that loan will show up on your  credit report, until it is paid off.

I know that sounds probably cliche to invest in real estate investment trusts as a member here, but I really do think the REITs I've invested in are sound - although Inland Real Estate company has been having some issues lately regarding their commission structure on internal sales that are apparently costing shareholders more money, but it seems like the funds are still remaining within their umbrella of real estate companies...hard to explain.

After ~6 months I sold part of the note putting my remaining part in second position.

He has not abandoned the property if significant personal items still remain.

However, the fact remains that the loan is not assumable, but no penalties, etc... are stipulated.  

Usually they are properties worth less than what it would take to pay off all remaining city liens, costs to bring to foreclosure and prior real estate tax liens that may be on the property.It's tough to "reinvest" when the auction is held only once a year and the leftover liens are picked through. 

@Daniel Sistofor me personally, I focus 85/90% on my primary investment objective and the remaining just reading through other posts to gain some knowledge.

I was wondering if say it was listed for 200 and I put 20% down the remaining about financed would be $160k.

Excerpt from:"America's mortgage-insurance giants are making bigger profits than before the crisis"From this month's Economist:  "The fact remains that both Fannie and Freddie have emerged from the financial crisis churning out more profits before tax than they ever have before (see chart).

Is there a way I can verify his remaining loan amount?