Does anyone know what typically happens if you default (do not follow through) with a purchase of a property you had the winning bid on in Cuyahoga County Ohio?

I have been getting my leads for wholesaling via driving for dollars but recently decided to go for Notice of Defaults as well seeing as many of the call back I was getting were already receiving NOD's.

I have been ...

I read the following article tonight:

Strategic Default or Efficient Breach?

that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...

I live in Ohio. I have contacted lawyers and the county recorder about seeing notices of default. The recorder doesn't have a clue what I'm talking about and the lawyer said it's not public information. What is happen...

Hey guys! My husband and I took out a loan from is annuity. The interest rate/payment is high. We know there will be a tax penalty if we decide to default on the loan and claim it as income. We are also in the process...

We are presently seeking opportune residential buy and hold properties - ideal for vacation rentals in Puerto Rico. Also looking for feedback on the current markconnect with other investors and lenders there. We prefe...

I am looking at an REO property listed w/ an agent for 388,000. I found that the home had a 83,000 balance on the original mortgage. I'd like to make an offer but I'm not sure what offer to make. Do you think it at al...

Hello everyone,

I have read many posts .. if not all for the last month or so .. but still quite not comprehend why banks are listing REO properties at market value ( at least in State of California ) eventhough I ha...

I've researched a few different ways to find pre-nod and nod(notice of defaults), but i'm not having a great deal of success finding a property thats more than a week from the forclosure/auction day.  Seeking any info...