If it's inaccurate, it would be impossible for anyone to do a proper comp. or appraisal, even if they went directly to the court house to get the info.

@Steve Babiak  I believe though you need to take it through the courts to secure a judgement that you can then use to Garnish etc.

I have talked to an attorney and I really don't think their trademark would hold up in court, but I don't have tens or hundreds of thousands of dollars to fight it.

It would be a shame if you end up with a $10,000 legal bill if a court decides you didn't handle the security deposit correctly.

Even if you are in the right, you have to spend time and money defending yourself in court.

Not much he does with this one$12800                    Rents $10400                   Earnings after op expenses & before dep & mortgage interest----------------------------------------------------------------------------Prop 6 - Storefront - unk sq footage or if rents are low$22200                    Rents$7600                     Earnings after op expenses & before dept & mortgage interest**************************************************************(Based on what he provided me - he earned appx $88k on the 6 properties before taking into account the 2 mortgages he has left and depreciation so unsure of what his exact cash flow was)I do not know the vacancy percentage at each property - he left the impression it was high, stated one of the large wealthy familes in town who own a lot of retail space have lured some of his former tenants to their properties while he wasn't paying as close attention as he should as they gave signs they were being courted elsewhere, however he missed that.2 Nationals and lots of mom/pops - no tattoo shops, no vape shops, no check cashing places, no liquor stores.  

So if the person defaults on the loan, I don't personally have to take them to court, because the mortgage servicing company will do that?

Down to just a couple now, but the right of redemption period (other than the 12 month court challenge right exists after the sale) is now over.

@Denis MaheuxI do not believe there is a maximum however if you charge a ridiculous amount of money and try to collect on it I think the courts would have a problem with it.

A former employer has a $24,000 Judgement against the individual and his wife....We can provide the Court filing number and case numbers to confirm the Judgement being awarded and the penalties that goes with the judgement...The Employer is getting old and would like to just cash out the Judgement at a substantial discount so that they can recoupe some of his out of pocket cost without spending more time to track these people down to get the full amount.He is willing to sell his Judgement for 40% of whats owed for a quick cash out transaction...Let me know if this is something of interest for one of you or if any of you know of some really good Judgement attorney who might take this on a contingency as the Employer just wants to move with there life and take the next steps here..