I would like to purchase a REO. How do I find out if there is a second mortgage or unpaid taxes on the house? What do you do if people are still living in the house?

Here my question:

I am new to the forums but I've been stalking around for quite some time listing to the podcasts and questions etc..

I'm currently broke. 21 years old BUT I have about $13,000s Line ...

hello,

I live near Baltimore and just starting my career in real estate. I'm looking for multi family homes and foreclosure homes but I wants to ask that if I'm managing my own property, how troublesome is ev...

Live in NC - home was auctioned at foreclosure sale on Sep 9 and winning bid was placed at 147K for balance owed of 128K less deliquent payments and legal fees.

Have not received any eviction notice from the mortgag...

I was wondering does anyone know the usual time frame for a probate to be completed? And does it vary by state or mostly by county? Because while doing my research I often see the phrase " on or before the "certain da...

My offer got accepted for a 6 family building so want to proceed to the inspection process. Do I need to order two different inspections? One for general structural and one for phase 1 environmental? Or is it just ...

Am I missing any steps?
1. Find a motivated seller, with deal potential.
2. Determine ARV and REHAB COSTS at meeting.
e.g. ARV: $150,000 REHAB: $25,000
3. Negotiate a deal.
$150,000 x .7= 105,000 - $25000...

I was @ a local RE meeting today talking about tenant evictions. Perhaps you have read that having rentals in areas of higher income is beneficial vs. slum lording. The process control at this meeting said he seen NO ...

I was wondering if someone could go through and explain the entire closing process when buying a house. For instance, who is involved? What role does a title company play? What exactly is escrow, and earnest money? Fr...

Hey there BP.I recently came across a foreclosure in my area and was able to do a search and found the name of the people who were previously living there.  With the use of the handy dandy internet I was able to get i...