Jason Chang
How to Check Title on Foreclosures?
I live in San Diego, CA and I would like to look into foreclosure investing. I'm looking at one property that has a 1st loan of $500K, and 2nd loan of $100K both from Country Wide. There is a third private party len...
Arcinio Arauz
Question on lien positions
Pardon the lack of knowledge on this but I have a question concerning lien holder positioning.If a person places a creditor lien claim on a property, then later there is a transfer of ownership (quit claim) as by from...
Jennifer H.
Should you rent to a tenant who filed Chapter 13 Bankruptcy one year ago?
What are your thoughts to renting to a tenant who went under Chapter 13 bankruptcy? Tenant that applied has a very low credit score of 545 and is under Chapter 13 bankruptcy. Credit check reported bankruptcy on ...
Aidan Birmingham
How to determine how much principal remains when balloon payment is due
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Fred Sams
Prepare Escrow Disbursement Instructions
I need an attorney to prepare pay-off instructions on an estate sale. In this situation there are 10 siblings with equal interests on a home sale.Need the language which instructs those proceeds. Please advise
Annette Hibbler
What's Your VantageScore
I recently heard about VantageScoring and did some research. Thought I'd share what I found here with all of you.
What's Your VantageScore?
Since the 1970’s credit bureaus have used FICO scoring as the main model...
Peter Schiff
Feedback on harsh mortgage terms
I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...
Nolan M.
Motivated seller can't afford probate, how to structure a deal?
So I found a lady who wants to sell her dad's house but she can't afford the 2k to pay a probate attorney to get the house put in her name. My solution is to have my brother, who is an attorney, do the probate work fo...
Karen Parker
Deed in Lieu of Foreclosure
I was wondering if anyone could tell me which process is the most harmful to your credit, Deed in Lieu of Foreclosure or a short sale?
Ademola Dawodu
DSCR Loans and Personal Credit
Do DSCR loans used on property purchased under a business name show up on personal credit? I’ve heard that they don’t but then I’ve also heard that they can if you miss a payment.