Janet Thaxton
How do I present a seller agreement?
Hi, i am about to put a house under contract and the owner is deceased. His mother wants to sell the property because she has moved to North Carolina and is liquidating his things. I have written the contract in his n...
Josh R.
Executor with same address as decedent
I bought my first probate list from Dec. '12 and I was wondering if you mailed to executors with the same address listed as the decedent?
I know this is usually the surviving spouse, but have any of you found it wort...
Mary Joe
LLC corporate piercing cases
It's best not to have an LLC than to have one that is put together or run poorly.
I came across this case "Colorado Court of Appeals Pierces the Veil of Single-Member LLC with No Showing of Wrongdoing" - I ...
Emanuel Ohunwu
Investing security deposits in the stock market.
Has anyone ever considered placing security deposits in the stock market? I'm talking about dividend paying stocks such as Google, Apple or Microsoft. It's an idea I've been playing with. My rental property is in Fort...
Daniel M.
Non-performing note exit strategy
After reading several books about note investing and attending some local REO networking events, I’m still not clear about the exit strategy when purchasing non-performing notes.Let’s say there is an offer by a hedge ...
Matt Schelberg
Buying a House with Title Issues
I am under contract to purchase a nice little rental in Baltimore for 15k...but the title search revealed that NONE of the past 3 owners purchased title insurance, so there are several old judgments on title. All the...
Bob Malecki
Borrower BK 7 Discharged but not closed?
I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...
Matt Owen
Help Navigating a Probate Deal!
I found a property listed on the MLS. its a 14-unit property with mostly 1bd/1ba and a few 2/1 and a studio. It was listed at 500k and just dropped to 400k yesterday (after 3mo on market) leading me to contact the rea...
Tiffany T.
Title Transfer Question
I have a deal on hand with estate property but the name on the deed is the decedent. I like to know if I like to have the deal close, can the relative sign the title transfer on behalf of the decedent or the relative ...
Louise Whidby
Deed/ Contract
I have a property under contract with a gentleman. I failed to ask who's name the deed was in and of course it's in his deceased mom's name. How will this affect this deal? Now that I know this information is there an...