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What other steps are involved other than checking for title issues, encumbrances, and proper appraisal, for vetting out these types of loans? Are there any pitfalls to look out for?
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What is the difference between buying Subject to financing VS Quit Claim Deed (Quit Claim if you've done your title search homework) from a liability standpoint? Are there pros and cons between the two documents (resp...
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Hi everyone! I am a relatively new landlord ( going on 2 years ) and looking to acquire property number #2. The property is a fair sized, up and down duplex with one side currently on a month to month lease. I have t...
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I've been looking into a vacant lot to purchase and build on. I've been provided with the master deed which was filed with the county in 2001. In 2009, the home owners association voted to lower dues to $0 and disso...
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Husband and spouse bought property together. Spouse and husband divorced. Husband died. Spouse is still on deed and mortgage. Mortgage is/was with Argent Mortgage Company which is long gone. Spouse really wants nothin...
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We've made some minor changes to your dashboard activity feeds.
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I have a brother who recently purchased a reo by a investment group that buys pooled reos from banks. he bought the house on a land contract wherein after 6 months of on time payments, the deed would be placed in his...
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Theoretical deal:
3/2 in South Carolina
I purchase this property, rehab, and resale with contract for Deed. Buyer puts down 5k and sign contract for deed of 65k. Comps support value of 70k. Nice working class neigh...
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I'm growing really tired of the Fannie Mae deed restrictions and rekey fees. Is there any way around them?
I made an offer on a FNMA REO and we negotiated back and forth. In each one of my counters I had "no deed...
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Has anyone figured out what finally went down with the new HUD rules and Rent to Own?
Are we supposed to be licensed now? And if so, licensed in every state where we do business in?