Can someone tell me what happens when a mortgagor files bankruptcy before a foreclosure auction takes place. Is the mortgage wiped out? What generally happens to the property securing the loan?Thank you
Hello BP! I was reading my local online newspaper in my home city this morning and came across something. Longview has had a really big (for this East Texas town) crime wave as of late. At this time, more than half of...
Hi Everyone, I am a new wholesaler (started about 6 months ago) in Central Massachusetts. I had someone call on one of my online advertisements (for the sake of this forum: Joe Smith). The gentleman has a property ...
I am a new landlord, and last week I filed my first Summons for Unlawful Detainer (I'm here in VA, which I've heard is landlord friendly). Here is my question. Now March 3rd, rent is late (again). Do I need to file...
In Florida, I know that both a mortgage and note are recorded by the Lender with the Clerk of the Court, but where/how are the points (origination fee) addressed? The notes that I've seen in court records only have t...
Can someone tell me if a 2nd lien is stripped in a Chapter 13 bankruptcy, is the now unsecured debt still valid, and can a lien be placed on the person?
Where do find public records on properties, for example defaulted mortgages, tax liens, probates, equity, absentee owners, comps, code violations etc. All the apps and websites I've read and heard about don't work in...
Hi all,I'm a newbie and have been lurking on the boards for a several years but now have a real opportunity that I'm in need of some advice.Here is the situation:My mother recently passed and has willed her 2 bd/2 ba ...
So I was introduced to a guy offering 2% monthly return or 24% annually for a hard money loan. Is this to good to be true?This guy comes with good recommendations and isn't a slick talker. My BS radar didn't go off wh...
Hi, my name is Lauren and I am just north of the Boston area and boy are things expensive hear. Shoosh.I bought my first multi-family (2 unit) about 8 years ago when I was 25 and now I'm looking to add another house t...