I’m purchasing a property that previously had a $275k mortgage against it and went into foreclosure. The seller purchased at the top of the market and fell into foreclosure on a property that barely, if ever, cash flo...

I need some input from mortgage pros :) I've run into this situation a couple times and haven't found a solid answer. Here's the scenario...We have a married couple who's interested in purchasing one of our houses. Th...

Legal question:

Florida statutes say that new owners are responsible for paying previous owners arrears. Bankruptcy discharges outstanding debts. So does that mean the new owner of a condo where the previous owner ...

I was picking up a box of spilled ammunition in my pantry and getting back up.  While doing that my hand pressed down on the discharge lever of a fire extinguisher.  It only discharged for about 1/10 of a second, but ...

hello BP. I got a list of foreclosures from the court and I'm going through it. I came across one that's being foreclosed on but the owner filed chapter 7 bankruptcy. Now the lender is coming after property because th...

In evaluating non-performing 2nd liens for purchase, recently I have seen two Chapter 13 bankruptcies discharged in only 2 years. While I am not an attorney, I thought they were 5 year plans. Any attorneys here that m...

Hello everyone,
I have an applicant for one of my units who has a Chapter 7 bankruptcy on their credit report. It looks like it was filed in 2016, settled in 2020 and is now discharged. I am just curious what everyon...

I am considering renting to a newlywed couple. They are both working. The husband filed bankruptcy (Chapter 7) back in May last year due to divorce. How do I check if the bankruptcy has been discharged?

Non-performing 2nd available with equity, but both the 1st and 2nd were discharged  in Chapter 7 bankruptcy a few years ago. What options would I have if I bought the 2nd?

Hello Everyone,
I was searching online records for letters of pre foreclosure that was sent out. I came across various types of "Lis Pendens". I was wondering if anyone could explain the different types? Or which one...