Dodd Frank Act) that will make things more difficult for seller financing deals by including language in the amendment that may restrict the use of "seller notes and mortgages".Realtors, investors, homeowners that desire to sell a home via seller created mortgages should read what's going on with this Dodd Frank Act.It seems very concerning.

I am a dog lover and I think that breed restrictions are nonsense.

Quick check on the Pensco site (usually the most thorough in terms of restriction definitions) indicates that the spouse of a descendent is a disqualified person, but does not mention the spouse of an ascendent, although direct descendents and ascendents are both disqualified.Like Mitch said...

I only drove traffic to them from online classifieds and my direct marketing campaigns.

If I take title by means of a Grant Deed or Warranty Deed, I want to include language to the effect that “the Grantee is taking title SUBJECT TO any liens, encumbrances, encroachments, covenants, easements, and restrictions of records.”2.

You can generally close an REO in 2-5 weeks; you'll end up on the shorter side if you use your own title/closing company and there are no title issues.In terms of reselling it, it could be a double close (in which case, it's just hours or days), or it could be several months if there are restrictions on sale by the REO seller.

No liquidity means tighter lending restrictions.

I have a deal worked out with a seller of a property that I located via my direct mail campaign.

Especially if this is an FHA loan, there may be some restrictions on sellers paying for the buyer's inspection.

If I stay under the 20% over purchase price, I will avoid the 90 day restriction and have a quick and easy payday.