Jason Conroy
(CA) Does purchaser of an REO property owe the existing tenant the security deposit?
27 May 2015 | 6 replies
I guess my point was I had never heard of a foreclosure being occupied unless you are buying at the court house steps or somethingsomething.
Steven Scheer
Starting out with little capital.
7 June 2015 | 41 replies
I'd hate to see someone with good intentions like yourself, who is forced to scrimp on something or things due to flat out lack of funds then be labeled a slumlord, since the city has a MASSIVE hammer to whack the heck out of anyone they think of that way, as code just for exterior is basically a like new structure, down to the paint not chipping etc and they can rack up 20, 30+ code violations instantly and then take that "slumlord" to court, get a civil judgement so you can't even just walk away then, it will hurt or ruin chances for any other mortgage, they don't want that happening and I've seen it happen to people who most of the time, did deserve it. $5k won't even cover a cosmetic rehab and the city also hammered the biggest mega banks on REO homes they let slide, forcing them to hire crews I knew to spend $15k, $20k or more JUST ON EXTERIOR WORK, insides still trashed in areas where nothing sells above $50k or $60k, using same tactics.
Chris Mora
Newbie question - How common is it to sign an NCND Non-circumventing non-disclosure agreement?
27 May 2015 | 10 replies
Attorney's Fees: If any party files any action or brings any proceeding against other arising from this agreement, or is made a party to any action or proceeding arising from this agreement, the prevailing party shall be entitled to recover as an element of their cost to suit and not as damages reasonable attorney's fees to be fixed by the court, arbitrator or adjudicative authority.
Bryan Hancock
Regulation A+: State Regulators Take the SEC to Court
3 June 2015 | 1 reply
Well our northeastern brethren are busy trying to protect us from profits again. Please call your legislators and tell them what a colossally terrible idea it is to fight the SEC's preemption of state authority over ...
Patrick Donohue
Difficult situation but big potential. Please give advice.
17 December 2015 | 4 replies
The home must be sold due to a Divorce and all offers will be processed by the court.
Vanny S.
Automatic Stay
14 January 2016 | 4 replies
I am not wanting any money from them , which is over $2,500 not including court fees.
Emin T.
Deed transfer from C-corp to personal
14 December 2015 | 12 replies
or, worst case scenario, they beat you up in court and wipe out your ABC LLC.
Randy Tomlin
Whole sale a home with mortgage on it
14 December 2015 | 6 replies
But, oh well, if it weren't for "other types" we wouldn't have courts, jails, regulators or cops, so it takes all kinds to make the world go around
Ayaan Aha
Am I liable to pay for the HOA and other liens?
21 December 2015 | 8 replies
@Zulma Calderon A slight clarification...nowhere the OP is, auction.com also handles the actual foreclosure auction (as opposed to our county clerk of court) so this could be the actual foreclosure auction, not an REO.
Alin Toncz
Finally!!!!!!!! My FIRST DEAL EVER!!!!
27 December 2015 | 31 replies
The city can take the mortgagee and the owner to court and fine the mortgagee.