Art Veal
Has anyone heard of rent payment default insurance?
I have heard of this type of default insurance in the past and I considered using it t one point. Just wanted to know, would anyone sign up for rent payment default insurance. I know it is pretty big in the UK but jus...
Zachary Handshoe
How To Find Pre-Foreclosure Notice of Defaults?
Hi everyone, I'm a new investor who has spent quite a lot of time reading and looking into the process. I'm looking to get my first deal but won't be able to qualify for a loan since I'm an intern. My situation has pu...
Bill Leonard
Notice of Default Service - Proof of Concept Request
We at Intrepid Investing are requesting your input.We have successfully trialed our proprietary Notice of Default (NOD) service at the County level. Nothing to sell at this point. Will use BP Marketplace if we get t...
Michael S.
Commercial Loan "Events of Default": LLC member buyout
I have been reading some commercial Deeds of Trust in my spare time (I need to get some more exciting hobbies!) and I was surprised to discover that it is common for the lender to consider basically any change to the ...
Bob Hines
Fannie Mae's 7 year lock out for defaulters
I haven't seen this discussed here, or even heard much at all about this but I wanted to see what everybody here thought about this http://www.fanniemae.com/newsreleases/2010/5071.jhtml
Since Fannie is such a large p...
Reetesh Sood
Hows the default market doing in these states?
Hello, Anyone have any idea how the market is going in these states right now? Are Homeowners defaulting? Is there an increase in Foreclosure activity ie, short sales, REOs etc...
Ben Rodrigue
Using Wrap to buy - What if seller defaults?
Hey All! New member here! I searched the forums and couldn't find an answer to this question. I appreciate any advice in advance. I'm closing on a purchase this week with the goal of flipping the property in the next ...
Rich Hupper
Zillow knows about a default before its recorded
As many of you may know you can get pre foreclosure information from zillow.com. I generally never go to zillow this information because in my area the county recorder / registry offices upload everything to their res...
Connor O'Brien
HELP! Buying a Chicago Property with Defaulted Tenant
Hi All, I am currently in the attorney review period buying a 2-flat in Chicago. My attorney demanded the bottom unit be vacant by closing as seller had given 30 day notice to a month to month tenant when it was put o...
Jennifer Krupp
Notice of Default Listing - What would you do?
Hi BP Family,I'm looking for advice. Every week the title company my firm uses sends me a listing of every notice of default sent out in the four counties around me from the week before last. For example, yesterday,...