All Forum Posts by: Kelly DeWinter

. Name of first born child
. Your passport
. Location of where Guido can find you in case of DeFault

seriously, on a first deal they typically pull your credit, copies of bank statement and employment verification. And all the standard documentation about the deal you want a loan on. Also would help to have written terms you are looking for.

call the previous owner and ask for a written explanation on what was being paid by whom.

call the previous owner and ask for a written explanation on what was being paid by whom.

Not sure what an all cash purchase makes this a Nightmare ? Whats the point ?

What could go wrong ? The condo association could find out you are subverting their rules and sue you. They file a complaint against the local real estate board and you lose your licence and receive a big fine.

Whey in the world would you do this ?

I would start by going to the bord and requesting an income exemption or better yet see if a co-signer will be acceptable for income purposes..

. with tenants and buyers, it's always best to disclose and putting things in writing is also a good idea.

.it means the property is listed for sale on zillow
. you would be purchasing the tax lien not the property, you would then have to go to court to close on the lien

. land appreciates and depreciates depending on the market
. mobile homes do not
.commercial loans or private lending
. Deposits should transfer to new owner
. Interest accrues on deposits

MP are a good investment mainly because of the ability to raise ground rent rapidly in most cases.

STOP !

"She found out it was sold to her with an unclean title"

Talk to a title company to find out the issue with the title, If owner purchased title insurance, it may solve title issue for owner.

A buyer will be unable to close on the property if the title is not clear.

Contact a title company or the Owners title company first  before wasting time and effort.

@Ned Carey

Thanks for the reply;

are there any fees you are able to ask for, other then what you mentioned below:
such has a reasonable fee for your time ?

When a property owner redeems (pays the back taxes) you get the

• $200 in taxes
• 18% interest on that $200. Annualized calculated daily.
• The $400 high bid premium back