Aaron Mazzrillo
Documents by Default or Design? Which do You Choose?
I'm sitting here writing up an offer for a $300K house with a $289K loan on it. My offer is to buy the property subject to the existing lien and give the sellers $1,500 cash for moving expenses. While I do have a few ...
Jared Knudson
What is a "consideration" on a notice of default?
Hey everyone,I'm looking at notices of default in my area, and I've noticed that some of them have "consideration" followed by a dollar amount. e.g. One property had a $16,000 consideration. What is a consideration...
An Bui
Fund&grow default and how they deal with the issue
How fund&grow deal with defaults since its a non secured loan
Jonn Vidal
New violation during escrow; Seller's default CT lives nextdoor?!
Discovered new, open violation during escrow; seller's defaulted holdover Commercial Tenant lives nextdoor
While in escrow with contingency to deliver premises Vacant, seller of commercial building disclosed that ten...
Don Harris
Default borrower has offered to quit claim deed back
I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...
Tae Seung Kim
Pre Notice of Default Leads for pre foreclosure properties
Hi, I'm trying to find a pre notice of default leads for pre foreclosure properties in fairfax county, virginia. Does anyone in virginia know if that is the right source or where to go to obtain the notice of default ...
Dimitry Moltoff
Non-Arm's Length Transaction and Clouded Title in Default
My parents received a notice of default (NOD) on their mortgage several years ago and then filed for bankruptcy which cleared several judgement liens from the house, leaving only the secured mortgage loans. After ban...
Maurice Selva
Purchase a foreclosure-notice of default property through MLS
I found a foreclosure property on MLS that has been on the market for 381 days and was wondering if anyone has any experience in purchasing a foreclosure-notice of default property through MLS and if they can impart a...
Jose Falconett
Length of time a seller defaulted payments affect sale?
So if a seller has defaulted payments on their taxes or mortgage for several months, does the length of time that they have been in default affect a prospective buyers ability to purchase the house even if the buyer i...
Jake Valkusky
Options for Purchasing a Property with Leases in Default
Good Afternoon BiggerPockets,We are going to settlement in 3 days for a 9 unit building. Today I found out that 2 of the tenants' leases have gone into default. What are my options and rights?Thank you in advance for ...