But I am sure the note holder has attorneys on retainer that would go after the house after it was sold .

The property owner retains title with the lien on the property.  

Ideally, we can retain the management of the property, but it's up to the new owner.Hope that helps.

@Steven W.Here are some of the main items to include on the promissory note.After you have drawn up the note or if the borrower has composed it, review the note to make sure it conforms to your Solo 401k requirements and is in compliance with the regulations.Confirm that the lender is your Solo 401k (it should read as follows, for example: Smith Do Solo 401k Trust)Sign all documents as trustee of your Solo 401kMake investment using funds from your Solo 401k checking accountWhen note payments commence, deposit all payments to your Solo 401k checking account (therefore, all payments need to be made payable to your Solo 401k)

@Chris Bounds what's happening here is that the system retains whatever you've typed in the reply box.

I was referred by a fellow Investor.I met up with an Attorney and I got the feeling that they do indeed understand Real Estate from the investors point of view.They do double closings, assignments, etc.only drawback is cost: They require an Upfront retainer of $1,000 and subtract your legal fees from that.The double close transaction fees they quoted me were high too.

A Filipino who is married to an alien retains their Philippine citizenship, unless by their act or omission they are deemed to have renounced their Philippine citizenship.

These recommended states have been found to have the least convoluted claims process, accept third party finders, avoid physical court proceedings, and primarily will not require extra monies for retaining legal representation and etc.CONSCOURSE:Webinars, Content, and Docs.My Opinion: The Webinars and Content dates back a few years.Some are long and drawn out and redundant.However, the documents needed to accompany the claim, seem to be kept up to date accordingly.COURSE:Recommends not working the overages program in your state.My Opinion: Why not?

Retaining a REALTOR is going to divert some legal liability because they will be handling a lot of the paperwork and pointing you to other RE professionals.

We would then share this information with the Vendor and proceed to Close with sufficient funds to address the highest estimate retained in escrow.