Reminder Tues 10/28 Waltham Black Diamond: Deed and encumbrance restrictions: Getting the tough deals done

[Ann Bellamy]

Reminder about Tuesday's Black Diamond in Waltham Massachusetts, here is a description of the event:

Have you noticed that more and more distressed sale properties come with deed or encumbrance restrictions from the selling bank? When was the last time you could wholesale a short sale? Do these deals run into snags at the last minute that stop the closing dead in it’s tracks?

Meghan Grugnale is a conveyancing attorney in MA and NH specializing in investor’s deals, and she excels at pulling rabbits out of a hat when it’s down to the wire. he will discuss some of the more difficult scenarios, how to deal with them and get the tough deals done.

You will hear:

• Types of back to back transactions and the difficulty level of closing each one
• When you can use C’s money to pay A
• How to smooth the process of a back to back closing or transactional funding deal
• When wholesale fees must show on the HUD
• When in the process to bring in the attorney
• What contracts are not assignable
• When you must take title

Bring your questions and your scenarios – each deal is a little different, and we’ll have a Q&A on how to handle it. Plan to order dinner, drinks or a snack, we are grateful to Ristorante Marcellino for giving us the space to allow us to offer you free events!

Who: All are welcome. We attract a large percentage of seasoned investors for terrific networking

What: Free to attend and open to the public: great networking and a topic of interest presented by local investors and professionals

Where: Ristorante Marcellino, 11 Cooper St, Waltham, Massachusetts

When: Tuesday October 28, 2014: Networking 6PM, Program starts 6:30PM