I responded with info about what is covered, and added my experience with American Home Shield: nothing but grief.

Not technically a real estate company, however, due to their large amount of RE holdings/assets, this is the place for this thread.As many of you know, there is a BP thread about the terrible business practices of BofA (Bank of America) named "the official BofA Sucks Thread"This thread is not to talk about those instances, but to inform all and hopefully for us ALL to come together and fight this crooked corporation who is "Too big to fail"It seems we are all in the "entitlement age" where most Americans stick their heads in the sand and continue with their entitled behaviors.

I am figuring about $100K to rehab the place and bring it up to the executive home standard of the neighborhood (granite, hardwoods, non-builder grade stuff).So given my experience and the numbers on this deal would you take it or walk away?

To execute a wholesale transaction: 1) create LLC 2) get property under contract in LLC 3) fund LLC with end buyer's funds 4) close with seller.

I personally prefer to simply pay the attorney fees and get a professional to execute the eviction.

I have it set up where they have up to 3 yrs to execute the contract, that's a long time to lock in a price at today's fair market values.

Seized as the property of: "Homeowner" and taken in execution of "Bank", AS SUCCESSOR TRUSTEE UNDER "Mortgage Company"

You generally see substitute trustee filings when a lender prepares to execute the power of sale in a deed of trust.

They could be the appointed fiduciary and thus would actually executed and sign the deed to provide to you.

The only way the HOA could force a sale of your boat is if you owe the HOA money, the HOA obtains a judicial judgment against you, levies a writ of execution on your personal property, forces an auction of your boat to satisfy the judgment, there is no statute that somehow disqualifies your boat from execution to satisfy a judgment, you have enough equity to exceed any value of the boat that is exempt from collection, and the remaining value makes it financially feasible to do so....Now, as to what the HOA can do - get copies of ALL of the governing documents, and have an expert review the documents to determine if you are violating any of the governing documents.