All Forum Posts by: Curt Dumonceaux
Curt Dumonceaux has started 6 posts and replied 13 times.
Post: websites that show foreclosures and other listings?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
All I know about these "list providers" is that they are mostly out dated 8-12 weeks. Your best bet is to get your list from a notice of trustee sale
Post: Any investors in MN?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
Is this true in MN you need to be a realtor to sell more then 4 properties? Any help please!!!
Post: Short Sale Softwear?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
Is anyone using any type of softwear related to short sales?
Post: Lease Back?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
REI,
I see you point, this works for him..
Post: Lease Back?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
Thanks for all the feedback guys. I personally do not do any leasebacks. The question came up because the investor whom I’m selling the property to, does do lease backs. I for one see the risk in that investment, but he has done this dozens of time with no problems. He will do a leaseback if the person who is not making there payments because of a “one time” problem, loss of job, medical bill ect.. Someone who has a bad history of credit and non payment of bills will be passed on.
Post: Warranty Deed to Trustee & Land Trust Deed?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
Thanks for the reply!!
Post: Warranty Deed to Trustee & Land Trust Deed?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
Any takers on this topic?
Post: Lease Back?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
Thanks Don for the feedback. I knew that question would come up.. Every situation is different. Collecting option $ is a big factor if I lease back to them.
Post: Lease Back?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
If I were to get an acceptance letter from the lender for a short sale transaction and I closed on the property and in turn leased the property back to the person who was getting foreclosed on.
The question is, will the lender care who I lease the property to after I close? Does the seller need to move out?
Thanks,
Curt
Post: Warranty Deed to Trustee & Land Trust Deed?

- Real Estate Investor
- Sartell, MN
- Posts 18
- Votes 1
[b]Is the Warranty Deed to Trustee & Land Trust Deed the same in one? If not what is the difference?
Thanks
Curt[/b]