Moya isn't registered to offer securities, but that is for the authorities to determine, not us.We were forced to go to the authorities and we are also going to be filing a civil suit against him, if only to make this matter public to spare others from the agony that we have had to endure.

I am looking over all of the forms I have to ensure I have the right wording for my needs.

I would like a little more thought on this…as to how does the whole thing work and how can we invest properly in pre-foreclosures to earn secure profits.

However, you will want to wholesale some properties in the mean time to ensure you have a steady cash flow coming in.

Might anybody have a sample contract that a bird dog might use to secure his/her interest in the property if the investor purchases it?

Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.

I don't want any legal trouble up front.My other concern is safety/securing of the site.

I would like a little more thought on this…as to how does the whole thing work and how can we invest properly in pre-foreclosures to earn secure profits.

If you want to loan someone money, and use a property as security, you need a Deed of Trust or Mortgage, depending on the area.

Benefits: Encourages long term tenants (who will lose all credits if they move and rent from another company) and ensures that YOU will get the sale (how many times have you had a tenant buy their first home elsewhere?).