We actually will consider a person with an eviction under some circumstances, but only if full restitution has been made to the landlord and they have not had multiple evictions.A person who entered into a mortgage agreement with a large financial institution and later fell behind on their payments and the property went to foreclosure is indeed different, especially considering the shenanigans being pulled by the banks and other lenders in recent years.

I actually like investing in notes even more because so many people are intimidated by them.Buying from an institution or hedge fund is a different animal.

Here's a good article for those who are actually interested in Michigan's recovery.Since the recession ended in 2009, Michigan has sported the nation’s sixth-highest job growth rate at more than 6 percent.

Augie touched on the considerations of lenders.We serviced installment contracts, had them in 7 states, it makes a huge difference to institutional lenders in assessing the "value" of an installment contract (seller financed note) if there is third party professional servicing.Consider that there are servicing requirements today for any obligation secured by residential property, lenders are aware of the requirements.

Hey BP Nation!

For $14.95, I instantly get a credit report with score AND a national eviction report.

I was wondering if anyone has ever used a registered agent service like National Registered Agents, Inc. or something similar?

Welcome to BP Nation.

What's to keep the nation's homeless from occupying foreclosed properties everywhere with laws like that on their side?

Ross have you called local, regional, and national banks as well as the credit unions??