Her family was taken to a shelter.The devastation is more than one can imagine.

If it happened prior to the closing, I would imagine that your title insurance policy would cover it (or at least address it).The first thing I would do is call you title insurance company and get their input...

I just need to focus on the numbers.As for success, I imagine the success I've had rehabbing would far eclipse the success I would have had if I had focused most of my time wholesaling.I can certainly understand how someone with a different personality than I have would much prefer wholesaling (and would probably be much better at it than I would be), but again, everyone is different...

If you win, the money comes back to you; if the contractor wins, he is paid from escrow.Because the money is guaranteed to be available should the contractor win the court case, there was no reason that the title company needed to hold up the sale of the property, though I imagine the new buyers were informed that there was a lien on their property still.

I imagine the purpose of this law is to have an address where papers can be served in the case of a lawsuit...that's one of the main purposes for a Registered Agent.But I agree that there other ways to find you if someone is motivated enough...

it's already been suggested to get the past energy usage so i won't suggest that, however, i would suggest asking the electric company if they do free energy tests.progess energy will come out to the house, test window seals, check out energy usage on appliances, check insulation, etc and see what can be improved to save on electricity. personally, i couldn't imagine keeping it on 73 all the time. that's warm to me. the $400 bill for a 1600 sqft house during the coldest winter on record is not a surprise.

If he is out of the country, will it be difficult to speak with his supervisor (I imagine he will be in Germany too)?

Anyways... we haven't been to one, yet, but I imagine it's similar to jumping into a piranha tank.

Okay, with respect to the original question, I wasn't flipping back in the rising bubble days, but I can't imagine flipping would be much easier than it was then.

I would imagine the bargaining power would likely come from a PR who doesn't want to deal with the property and just wants to sell it as quickly and easily as possible.Any probate people here care to chime in?