Basically, how does the tax lien holder (investor) pay the future due taxes until the property is redeemed or the title is quieted?

We do plan on marketing to voucher holders and vets.How do we confirm that a building, that looks like its for 3 apartments, is in fact zoned for 3 apts?

Since Quest Trust was mentioned several times in this forum, I wanted to let folks know that they are resigning as a plan provider for many account holders as of 7.23.24.

This way I suck them back in.In Texas when you file the Title or S.O.L Statement of ownership and location, there is a place to place yourself as the lien holder.

You need to get an ATR "authorization to release" letter signed by the seller where you are allowed to negotiate the lien on behalf of the seller.The lien holder might release the lien for a nominal amount. 37,000 for 3,700 BUT they will retain the right to pursue the borrower for the balance in the future.They will not release the whole lien amount for that and let the borrower off scott free unless they are not an astute lien holder.You need to find out WHAT amount the lien holder will settle for to release interest and then go back to the buyer and see if they will up the purchase price some with an amendment to purchase agreement.No legal advice.

IMO everyone is dead on but drilling a little deeper...Your Sub-2 the buyer takes title as mentioned above and takes an equitable interest in the same manner as if fully purchased, but subject to performance of the contract with the seller.This is often confused with an assumption, but the phrase "loan assumption" has a legal side and is something that only the note holder may grant.

People may be moving away.Look for contractors going bust, an unfinished home is always under water compared to market values.A short sale is when the lender accepts less on a payoff.....so what do note holders do when they want to sell the note?

Assuredly, these many thousands or hundreds of thousands of "investors" people buying up these cheap homes can't and aren't ALL suited nor will want to be landlords for long, nor are they ALL "buy and holders" and certainly not ALL are financially fit to be property owners.

Brings out all the idiots.Buy and holders like to try to catch the wave of growth, but I'll bet more of them get on closer the top of the wave than get on before it.

Payments are properly credited and paid to the underlying mortgage holder, something a lender will consider in "allowing" the sub-2 transaction.