Moved to proper forum.I think you mean that his parents actually own the home (i.e., are the "grantee" on the deed) and have a mortgage on it.

Not some hired gun overseas who probably doesn't even know the first thing about proper blogging.

You need to go out of your way to ensure that the collateral is in all ways as good or better than the collateral being replaced.While I have done collateral substitution deals, I strongly advise to avoid the temptation of doing so without the approval of the lender/investor, such approval not being unreasonably denied.

FWIW, I am a geotechncical engineer that invests part time in real-estate, so my input on the foundation proper is sound.

You need to make sure you have an exemption or that things are structured properly in case things go south.

:roll: However, can you do everything properly and still get screwed by the courts?

Can a judge throw out the iPad lease saying that it's not a proper legal document?

i just read a thread about how some1 needed to rip out a kitchen because a termite inspection wasn't done properly. so i wanted to ask what is on your checklist of things to do prior to buying a property so you avoid situations like that

Protecting your family with proper insurance coverage is a critical component to your overall financial health.

Your Title Co should be able to find and use a mobile Notary that will take the docs to the clients have them properly signed and returned.