All Forum Posts by: Tom Gimer

@Scott Trench @Aaron Breckenridge Have a look at this thread from today and tell me if you see anything odd:

https://www.biggerpockets.com/forums/432/topics/1162021-owne...

I think somebody (or perhaps an entire company) has figured out a way to game the vote system. That's not a good thing.

A better question may be is the program worth 10,000 pesos.

When the DOS is called you can't reconvey to the seller and restructure the deal as a lease option... at that point the goose is already cooked.

Yup -- I actually send Dave Foster business whenever I have the ability to sway a client's choice of QI. 

That's a great point, @Mike Dymski -- and fyi I did not join BP to try to market on, I was invited to this site by @Steve Babiak who found me answering questions on Quora. I haven't seen Steve around BP in some time... wonder what he's up to.

@Aaron Breckenridge The forums are fine, I wouldn't change a thing... but a 2:1 vote:post ratio is rarefied air. @Jay Hinrichs @Brian Burke @Steve Vaughan

In my opinion some of the most helpful BP posters aren't even 1:1. @Wayne Brooks @Chris Seveney

Just a few that came to mind...
 

Let’s hear from someone who declined TI that had to deal with a significant title claim out of pocket. The attorneys fees alone could put many out of business.

There is a reason they make you decline coverage in writing in many/most states.

@Christine Garnier The quitclaim to the “buyer” would likely be followed at some point by a quiet title action and perhaps a lis pendens filing. If defended by the record owner or its representative, a counterclaim for slander of title would likely be pursued against the “buyer” for creating a cloud on title. 

Would the grantor of the unrecorded quitclaim be brought in as a defendant? Doubtful under the circumstances… but I would be sure to research local law on what constitutes a false and malicious statement (and by whom) in this context. As a witness? Likely. 

Hahaha

Keep trying and maybe someday your numbers will impress Mr. Trench.

The question was can an adverse possessor of land convey an interest (or perhaps no interest) in real property by quitclaim deed... with the quitclaim being requested by the buyer. The answer is of course yes.

Quitclaim deed, assignment, agreement, whatever... all would create the necessary privity to tack.

If I'm reading this correctly, now we're supposed to be concerned about slander of title liability for someone who has represented nothing (and further, published nothing) about the interest. Odd.

I’m surprised by this response. 

Give good advice to a colleague on a unique fact pattern … get 1 upvote. If you’re lucky. 

Give a funny response on a “trending” thread … get 20+ upvotes.