All Forum Posts by: Tommy R

Where would be the best source for these lists? Anyone have a good experience with one in particular?

It would be a deed of trust where I'm at.

Therefore, it would be a promissory note accompanied by a "deed of trust" for collateral of capital. Is that correct? Any other details you can include?

regards.

Can anyone share some knowledge on the proper instruments/methods to use a free and clear property as collateral?

Thanks in advance.

To those that have had some experience with these, would having funds in an escrow account available to be wired immediately be an acceptable method of payment at a trustee sale?

Thanks.

I've dealt with a cooperative seller and a bank that was not realistic as to the value. They were more interested in "grossing somewhere close to what they have out on the loan".
Both parties did a BPO and the offer on the table from the buyer was very generous in comparison to the BPO that came back, yet the bank was reluctant to be cooperative and more intent on securing a zero based asset. Go figure.

How could the "magic jack" work into this equation. I suppose you could find a compact phone? Or will that not work?

Blackberry Storm all the way!!!!

That'll work.

I was curious as to what grabbed your attention on this one? are there not many others like these in your area?

This is an awesome site. Thanks for the time to put it together.