Real estate agents, mortgage lenders, title companies and escrow companies are familiar with harried changes to the HUD-1 closing statement and to mortgage documents, which changes often lead to aggravating delays and additional costs.As of August 1, 2015 our closing table dramas are scheduled to come to an end.The Real Estate Settlement Procedures Act (RESPA), Federal legislation enacted in 1974 to protect consumers from unscrupulous and confusing real estate practices, is changing in several significant ways.

Terence Williams I just completed a rehab of a bank-owned property, so I can definitely give you some insight into how it all works:When you buy the property, you buy it "as-is/as-seen,"of course, so make sure you do your due diligence and take all the necessary steps to protect yourself before pulling the trigger.

I understand some of these REs may simply be trying to drum up business, so what's the best way to respond to find out if a) this interest is legitimate - i.e. there are actually buyers who are interested and this isn't some bait and switch tactic, and b) if the buyers are indeed real, how to get the best deal for my property if I decide to proceed. 

Copy/paste with names changed to protect the innocent:XXXXXXXX BankATTN Wendy (Customer Service supervisor)VIA FACSIMILEWendy,Thank you for taking the time to speak with me regarding my request for information on the loan secured to property owned by my company.

When you buy a property, the sales cost is the default evaluation esteem for assessor purposes.So long as you have not went into a false exchange, you're protected accepting you'll pay your taxes in light of the sales cost.

I doubt that they'll comply, but they shouldn't be surprised that you want to protect your investment.

The few times I actually go into the branch the new tellers usually say something like "Oh you're Adrian Smude that people are always bringing you money." lol  One excuse I have gotten is "I can't make it to the bank during their hours because of my work schedule"@Jered Sturmas I stated above I've had no issues with my current system, but I've been wanting to switch to something like google wallet or another free online electronic account.  

If not, then you need to A: switch markets or B: switch your strategy. 

If you want to protect your assets, you put each property into a separate LLC.

Which would you rather have -- zero protection or a presumption of protection?