Additionally the bank requires the borrower convey a warranty deed and clear and marketable title to you the new buyer.

Unless he is giving you some sort of discount for the bulk work make him earn each additional one in the sequence.

Additionally, I think the only chance you would have to partner up would be to find someone locally who can check out the contractors and monitor the work.

I firmly believe LB, most of LA County, and OC are not yet near the bottom and we can look forward to some additional moves before the market wipes out all of those that are jumping in prematurely.

They all three charge a yearly fee in addition to any credit charges so I opted to close them..

It is an additional fee, but it insures your family members retirement against any potential title defects up to the full loan amount (assuming it is beyond your purchase price).

I think you implying that the 401k itself provides asset-protection, that an LLC may not add much additional protection.

A company is only ignoring those costs if they are telling investors that they will have no additional costs and that they can expect $X amount each month in cash flow guaranteed.

This is additional coverage that condo associations carry, and if your agent gets a copy of it, you'll save a bit on your insurance.

The lender will be happy to make a loan and you can get paid.I have seen banks counter with a faster closing date, I have heard from REO agents that the bank wants to get deals closed by the end of the month to eliminate additional costs, etc.