Training Call Buying At Foreclosure Auctions
|
|
- Baldwin Russell
- 5 years ago
- Views:
Transcription
1 Training Call Buying At Foreclosure Auctions As Seen On Bob Diamond, Attorney Ed Diamond, MBA
2 How Do You Buy at Foreclosure Auctions? Get the Auction List Do your homework on the properties Show up Ready to Bid
3 Two Types of Foreclosure Auctions Two primary types of Foreclosure Auctions Trustee s Sales and Sheriff s Sales Trustee s Sale is a Non-Judicial Sale where the Trustee can sell the Property if Payments are not Made. No Court Sheriff s sale is a Judicial (court-ordered) sale - also the result of non-payment but prior to foreclosure auction there is a foreclosure lawsuit to get the court order
4 How Foreclosure Auctions Work The property is put up for public auction by the Trustee or Sheriff There is an announced or unannounced minimum bid called the upset price or minimum opening bid Bidders compete via voice and whomever is highest bidder wins. At that time they usually put up a cash deposit (certified check or cash) of a % of the bid or the entire amount (check the rules) You complete payment in cash and a deed gets recorded sometime later no conventional financing is available due to this issue
5 How Foreclosure Auctions Work The bidder is usually on his own to move the existing owner or tenants out of the property There are no guarantees of property condition, free and clear title or anything else. You must do your homework You must check occupancy, title and property condition before the auction. That is why you get paid
6 Where Do you Get the Foreclosure List? Do a Google search looking for the Sheriff if your sales are Court-ordered Judicial Sales, otherwise look for the Trustee websites Check your local newspaper they are always advertised in the legal section usually 3 times before the sale Stop by the Courthouse There are sometimes services that do value added to the list like pulling comps, taking photos and the like which is helpful. Consider subcribing
7 Where Do you Get the Foreclosure List? Lets go take a look on Google for a Foreclosure Auction
8 Why Buy at Foreclosure Auction? The pricing is good. Typically 70% - 82% of retail minus fix-up costs. Typically best pricing available given the amount of work you have to do Easy to do deals no homeowners to deal with, banks to negotiate short sales or REOs Can provide a very steady source of deals for you and your buyers
9 Where Do You Get the Money? Private Money / Hard Money is usually the source for the Funds You cannot get a regular mortgage for these transactions which reduces price of the asset most people refinance later once they get the deed from the auctioneer You may want to use a line of credit on another piece of real estate
10 When is the Money Paid? You will pay a cash / cash equivalent deposit at the time of your bid anywhere from 10% to full amount of your bid Attend a sale ahead of time and get the conditions of sale and ask the auctioneer Check with the Auctioneer if extensions are available they sometimes are
11 Items to Watch Out For Occupied properties Foreclosing Lien NOT in first position If any items are not being paid off at the sale IRS, real estate taxes, anything else Poor condition of the property
12 To Do List for Due Diligence View the Property inside if possible for condition and occupancy Pull a title report and verify the lien position of the foreclosing creditor first in time is first in line! Check on opening bid with foreclosing attorney or Trustee and verify property is going to be auctioned Calculate your bid amount and show up at auction ready to bid with your deposit
13 Due Diligence - Title Reports I typically get a Lien and Judgment search or Last Owner Search Verify the following: There is a purchase money mortgage with the current owners purchase or a large lien that looks like it is the entire purchase price That the first lien is foreclosing No IRS liens they will delay you If you see municipal liens make sure they are getting paid from proceeds of sale by conferring with the auctioneer This is not 100%! Most common error is bidding on a second position lien foreclosing
14 Due Diligence - Condition I look at each property by doing a drive by to verify Whether it is occupied if vacant how long vacant? Has property been vandalized? Look in windows Illegal to break into the property. Many people do anyway Talk to the neighbors to see what is happening Look carefully at the roof for sagging/uneven/worn out Look to see that window frames and door frames are square at corners Look at A/C compressors to see if they are present and accounted for There are no inspections in our area the outside and inside conditions are similar, but in Las Vegas they are not necessarily corresponding
15 Due Diligence - Pricing Pull comparables for properties you are looking at Call real estate for sale signs
16 Items to Watch Out For Environmental Contamination Do not buy commercial properties or anything that could have environmental contamination
17 Items to Watch Out For - IRS IRS liens are wiped out by a first in time lien IRS liens have 120 day redemption period but they would have to reimburse you for your bid plus interest at 10% - but not for repairs/improvements IRS will sometimes release it if you ask the Special Procedures branch You cannot sell or mortgage with a live IRS right to redeem hanging over your property
18 Items to Watch Out For Owner / Lienholder Redemption Owner and Lienholder Rights of redemption verify with local foreclosure or real estate attorney. Can be up to a year! If you have a right of redemption you may be able to purchase it from the foreclosed owner or lienholder through a quit claim deed If you are subject to a right of redemption you need to wait before doing renovations, trying to mortgage, resell or rent the property out
19 Items to Watch Out For Condo and HOA Associations Condo and association fees often have some protection up to six months check if you are buying one
20 Items to Watch Out For Occupied Properties Never get into battles with property owners or into a position where you have to evict them unless you get a screaming deal Offer cash for keys Don t rent back to them they will not pay you Vacant houses are better to buy
21 Items to Watch Out For Pre-Foreclosure Many States have rules when dealing with owners in foreclosure I suggest you skip dealing with them and stick to the auctions. Examples of States are California, Rhode Island, Maryland, Minnesota, Florida and many many more NO sale lease-backs with owners in foreclosure!!! If you are doing pre-foreclosures work with an attorney in your state who knows that legal area
22 Why Buy at Foreclosure Auction at All? Great pricing Simple process Overall profitable way to invest
23 Forms You Will Use Auction Bid Calculator Flipper spreadsheet
The foreclosure process can be broken down into three key components.
FORECLOSURES INVESTING Investing in Foreclosures For patient long term real estate investors this is an excellent time to be buying. by Lex Levinrad 2111 words 7 pages If you are thinking about investing
More informationFinding Deals in Defailted Properties Pre-Foreclosure, Courthouse Auctions and Bank-Owned REOs
Finding Deals in Defailted Properties Pre-Foreclosure, Courthouse Auctions and Bank-Owned REOs Finding Deals on properties with defaulting mortgages offers opportunities at three very different entry points.
More information.:Foreclosure Timeline:.
.::. The following is a timeline for a typical judicial foreclosure by sale case in Vermont. With few exceptions, most foreclosures in Vermont follow the judicial foreclosure by sale procedure. The exceptions
More informationTax Foreclosure Fortunes:
Manual to the Audio Tax Foreclosure Fortunes: How You Can Cash In on Tax Deeds Without Going to The Tax Sale Created by Cody Matousek And Joanne Musa, The Tax Lien Lady www.taxforclosurefortunes.com This
More informationHow to Bid on Sheriff s Sales. Civil District Court
How to Bid on Sheriff s Sales Civil District Court Presented by Sheriff Marlin N. Gusman Orleans Parish Sheriff s Office SHERIFF S SALES DISCLAIMER* *This seminar is for information purposes only, and
More informationSpecial Report #1 Step by Step Guide: How to do Due Diligence for Tax Liens
Special Report #1 Step by Step Guide: How to do Due Diligence for Tax Liens At one sale that I went to, a new tax lien investor asked do you really have to do due diligence on properties in a tax lien
More informationFor legal reasons, we cannot and will not respond to messages asking for more information about a property.
About Us About Our Company USA-Foreclosure.com is the nation s largest non-subscription based Web site publicizing property scheduled for foreclosure auction. The site serves as a reliable source for those
More informationFindPinellasForeclosures Crash Course: Buying Properties at Pinellas County Foreclosure Auctions
FindPinellasForeclosures Crash Course: Buying Properties at Pinellas County Foreclosure Auctions 1. Intro Buying properties at the Pinellas County foreclosure auctions is an easy but research intensive,
More informationUnderground Tax Sale Strategies
DeedGrabber s Underground Tax Sale Strategies How The Pros Profit From Tax Sales Without Bidding, Waiting, or Risking Their Own Cash Gold Mine or Trap? Property taxes on a typical house are just $300 -
More informationTax Foreclosed Properties. Economic Development Committee October 15, 2012
Tax Foreclosed Properties Economic Development Committee October 15, 2012 Purpose Discuss current procedures for disposing of tax foreclosed properties Present possible additional procedures for consideration
More informationGENERAL QUESTIONS ASKED ABOUT TAX SALE
GENERAL QUESTIONS ASKED ABOUT TAX SALE 1. What are the date, time and location of your tax sales? DATE: TIME: A DATE IN MAY OR JUNE EACH YEAR SET BY THE CONTROLLER. THE DATE OF THE 2017 TAX SALE IS JUNE
More informationPreview Of What You Will Learn
Preview Of What You Will Learn Sections: Introduction...5 Auction Basics...7 Pros & Cons of Buying at Auctions Setting Expectations Common Types of Auctions...11 9 Steps to Purchasing Auction Properties...15
More informationSan Joaquin County Treasurer-Tax Collector Defaulted Property Taxes. Shabbir A. Khan
Shabbir A. Khan 1 HISTORY 1849 First California Legislature San Jose 1850 27 Counties Formed (more later) 1879 Counties Granted Direct Police Power 1879 Constitution Created Treasurer, Tax Collector, Auditor,
More informationWarren County, Missouri Delinquent Tax Certificate Sale Frequently Asked Questions
Warren County, Missouri Delinquent Tax Certificate Sale Frequently Asked Questions Julie Schaumberg, Collector Alert Process subject to change. Continue to check collector s website at http://www.warrencountymo.org/collector.html
More information2017 TAX SALE GUIDELINES CLAY COUNTY, MISSOURI AUGUST 28, 2017
2017 TAX SALE GUIDELINES CLAY COUNTY, MISSOURI AUGUST 28, 2017 This is not a mortgage foreclosure sale; we sell tax liens on properties for taxes due. Only our most delinquent parcels are sold without
More informationDistribution of Sale Proceeds. Distribution of Sale Proceeds [p. 788] Distribution: Nonjudicial Sale. Distribution: Nonjudicial Sale
Distribution of Sale Proceeds [p. 788] Liens extinguished by sale are transferred to proceeds Order of distribution ( waterfall ): First, to costs of sale Then, to unpaid balance due to foreclosing mortgagee
More informationTHE TAX SALE PROCESS
THE TAX SALE PROCESS This document was prepared to provide information relative to the tax sale and the legal requirements imposed on the County as well as the purchaser of a tax sale certificate. Legal
More informationWhat You Need to Know About Renting to Own and Contracts for Deed
Fact Sheet What You Need to Know About Renting to Own and Contracts for Deed BE CAREFUL! Buying a house is complicated. Many people lose money and time when they rent a house with an option to buy it,
More informationINFORMATION AND PROCEDURES CLINTON COUNTY TAX SALE. Wednesday, October 11, :00 AM
FOR COMMISSIONERS' MEETING ROOM, 1ST FLOOR OF COURTHOUSE Wednesday, October 11, 2017 10:00 AM CLINTON COUNTY 2018 TAX SALE INFORMATION AND PROCEDURES Please review the entire contents of this Guide! The
More informationFORECLOSURE SALES. Eagle County Public Trustee Karen Sheaffer
FORECLOSURE SALES Eagle County Public Trustee Karen Sheaffer Created in 1894 by Colorado State Legislature Provides Checks and balances between Borrowers and Lenders Office acts as a neutral 3 rd party
More informationIn-House Foreclosures. Valerie Curry, Orange County Lorie Domnas, Durham County Anne Vinski, Durham County Chris McLaughlin, SOG
In-House Foreclosures Valerie Curry, Orange County Lorie Domnas, Durham County Anne Vinski, Durham County Chris McLaughlin, SOG When to consider foreclosure When your governing board has passed a resolution
More informationEVICTIONS including Lockouts and Utility Shutoffs
EVICTIONS including Lockouts and Utility Shutoffs Every tenant has the legal right to remain in their rental housing unless and until the landlord follows the legal process for eviction. Generally speaking,
More informationCopyright MMXVI All Rights Reserved. Rev. 7
The Insider Pro s Guide to Profiting at Tax Sales Part Three Strategy 3 Overages The Savvy Insider s Strategy BY: Bob Diamond, Attorney at Law In this series we have covered buying at the tax sale, buying
More informationSession 4 How to Get a List
Land Profit Generator LPG Session 4 Page 1 Session 4 How to Get a List The List is the most IMPORTANT AND CRUCIAL piece of information in this process. If you don t have a list you can t send out letters
More informationStrict Foreclosure in Equity. Strict Foreclosure 3/5/2013
Strict Foreclosure Foreclosure developed out of dual Law/Equity systems At law, mortgagee held fee simple title (subject to condition subsequent); once mortgagor defaulted, mortgagor forfeited its title
More informationMarch 20, TO: All MAAO Members FROM: MAAO President Stephen C. Behrenbrinker, CAE, RE: MAAO-DOR Foreclosure Advisory Document
March 20, 2008 TO: All MAAO Members FROM: MAAO President Stephen C. Behrenbrinker, CAE, RE: MAAO-DOR Foreclosure Advisory Document Greetings! On behalf of the Minnesota Association of Assessing Officers
More informationWho are we? Our Services. About the Auctions. Auction Lists Drive Reports Bidding Live Auction Results Title Checks
Who are we? Our Services Auction Lists Drive Reports Bidding Live Auction Results Title Checks BuyLowAz provides investors with a daily list of properties going to Auction. The daily list includes opening
More informationKnow Your Rights: A Guide for Tenants Renting in the State of Virginia Introduction Lease Agreements
101 W. Broad St., Suite #101 Richmond, Virginia 23220 804-648-1012 or 800-868-1012 Fax: 804-649-8794 www.cvlas.org 229 North Sycamore Street Petersburg, Virginia 23803 804-862-1100 or 800-868-1012 Fax:
More informationDelinquent Tax Certificate Sale
Delinquent Tax Certificate Sale Dear Potential Delinquent Tax Certificate Sale Participant: THANK YOU for your interest in the Delinquent Tax Certificate Sale. This summary is provided for your convenience
More informationMAINE FORECLOSURE LAW * June 19, Presented by: Stephanie A. Williams, Esq.
MAINE FORECLOSURE LAW * June 19, 2010 Presented by: Stephanie A. Williams, Esq. PERKINS THOMPSON One Canal Plaza, PO Box 426 Portland, ME 04112-0426 207-774-2635 swilliams@perkinsthompson.com Two types
More informationSPECIAL REPORT. How To Sell The House You No Longer Want
SPECIAL REPORT How To Sell The House You No Longer Want SPECIAL REPORT How To Sell The House You No Longer Want If you purchased a second home or investment property while the real estate boom was still
More information11/5/2015. Kevin Heaney, Crowley Fleck, PLLP. Montana Land Title Association Fall Education Seminar
Montana Land Title Association 2015 Fall Education Seminar The Difference Between Mortgages and Trust Indentures in the Foreclosure Process November 5, 2015 Kevin Heaney, Crowley Fleck, PLLP Familiarize
More informationYour guide to selling a home
Your guide to selling a home Your guide to selling a home DISCLAIMER This booklet is an introductory guide. Buying property is a complex and sometimes fast-moving legal process. Every transaction is different,
More informationNotice to Junior Lienholders
Missouri Power of Sale Process RSMo. 443.310: trustee must provide notice of sale at least 20 days prior to sale (unless mortgage requires longer period) RSMo. 443.325: personal notice must be given to:
More informationTax Foreclosure Property Sale
Tax Foreclosure Property Sale Economic Development Committee March 2, 2009 1 Purpose Provide additional information on the sale of 16 tax foreclosed properties received at the December 11, 2008 tax foreclosure
More informationWe can help you in the following areas...
We can help you in the following areas... * Residential and Commercial Real Estate Closings *Title Insurance * 1031 Tax Deferred Exchanges *Business Formation and Representation * Divorce *Personal Injury
More informationWyandotte County, Kansas Tax Foreclosure Sale Instructions
Wyandotte County, Kansas Tax Foreclosure Sale Instructions Background: County tax sales are held to collect unpaid real estate taxes. The Chief Counsel of the Unified Government of Wyandotte County/ Kansas
More informationWas Your Landlord Foreclosed?
If you re 60 or over, call your local legal aid office: Eastern CT 800-413-7796 Western CT 800-413-7797 Hartford Area 860-541-5000 Bridgeport Area 800-809-4434 Stamford Area 800-541-8909 New Haven Area
More informationCass County Delinquent Tax Certificate Sale
Cass County Delinquent Tax Certificate Sale Dear Potential Delinquent Tax Certificate Sale Participant: THANK YOU for your interest in the 2018 Delinquent Tax Certificate Sale. This summary is provided
More informationAN ACT RELATING TO REAL ESTATE DEEDS OF TRUST; DESIGNATING PRIORITY AND TIME PERIODS FOR REDEMPTION RIGHTS AFTER JUDICIAL
AN ACT RELATING TO REAL ESTATE DEEDS OF TRUST; DESIGNATING PRIORITY AND TIME PERIODS FOR REDEMPTION RIGHTS AFTER JUDICIAL FORECLOSURE; AMENDING THE DEED OF TRUST ACT; DECLARING AN EMERGENCY. BE IT ENACTED
More informationPresented by. Socorro Curiel Master Coach
JumpStartREI.com presents Higher Profits - Lower Risks in Real Estate Investing Presented by Socorro Curiel Master Coach www.jumpstartrei.com Why are so many people INTRIGUED by Real Estate Investing?
More informationFrequently Asked Questions about Public Internet Auction of Tax-Defaulted Land
Frequently Asked Questions about Public Internet Auction of Tax-Defaulted Land PROPERTY IS SOLD AS IS INSPECT THOROUGHLY BEFORE YOU BUY! 1. Why does the County sell tax-defaulted property? The primary
More informationCOUNTY LAND REUTILIZATION CORPORATION. Summary of Ohio Statutory Foreclosure Proceedings
Form XI-4 COUNTY LAND REUTILIZATION CORPORATION Summary of Ohio Statutory Foreclosure Proceedings TABLE OF CONTENTS 323.25 FORECLOSURE Commencing a 323.25 Co. Treasurer Foreclosure Action Right of Redemption
More informationREAD CAREFULLY: Whether you have visited us before or whether you are new, you must read the paragraph on tax sale procedures below.
TAX SALE INFORMATION (March 4, 2019) The following is subject to change and does not constitute legal advice. We are not attorneys and therefore cannot provide any guidance. It is incumbent that you understand
More informationEviction. Court approval required
Eviction An eviction is a lawsuit filed by a landlord to remove persons and belongings from the landlord's property. In Texas law, these are also referred to as "forcible entry and detainer" or "forcible
More informationForeclosures Copyright 2014 Rogue Investor
Foreclosures www.rogueinvestor.com Copyright 2014 Rogue Investor Facts about foreclosures! 1.2 million homes are still in the process of foreclosure (January, 2014)! 2009: 1 in 84 homes were in foreclosure
More informationSUMMIT COUNTY SHERIFF S SALES
SUMMIT COUNTY SHERIFF S SALES Held at the SUMMIT COUNTY COURTHOUSE, 1 ST FLOOR, 209 S. HIGH STREET, AKRON, OH 44308 This is a NO SMOKING Facility. Please TURN OFF all Cell Phones. ALL PARTIES INTENDING
More informationReal Estate Foreclosure & Loss Mitigation
Real Estate Foreclosure & Loss Mitigation Presented by: Keri P. Ebeck, Esq. September 2015 Pre-Foreclosure Considerations Breach Letters Act 6 and Act 91 If not, Mortgage and Promissory note may require
More informationClient Alert. A Pennsylvania Commercial Lender s Guide to Collecting Debts in New Jersey
Client Alert A Pennsylvania Commercial Lender s Guide to Collecting Debts in New Jersey Pennsylvania commercial lenders may be surprised when collecting debts in New Jersey. This alert outlines some material
More informationFrequently Asked Questions about Public Auction of Tax Defaulted Property via the Internet
EL DORADO COUNTY Treasurer and Tax Collector C. L. Raffety, C.P.A 360 Fair Lane, Placerville, Calif. 95667 (530) 621-5800 Frequently Asked Questions about Public Auction of Tax Defaulted Property via the
More informationWhat is a county tax sale? A Tax Sale is a public auction of tax deeds used to recover delinquent real property taxes.
Purpose/General Information What is a county tax sale? A Tax Sale is a public auction of tax deeds used to recover delinquent real property taxes. Why does a County sell tax-defaulted property? The primary
More informationSECTION 4: USING POLICY AND LEGAL TOOLS TO CLEAN UP OR ACQUIRE BLIGHTED PROPERTIES
SECTION 4: USING POLICY AND LEGAL TOOLS TO CLEAN UP OR ACQUIRE BLIGHTED PROPERTIES What Issues Do We Need to Address With Policy? Physical Problems Improve Safety and Health Dilapidated, dangerous buildings
More informationCHAPTER 7 TAX SALES Public Auction, Sealed Bid Sale, Internet Auction. Presented by The State Controller s Office Burlingame, CA October, 2015
CHAPTER 7 TAX SALES Public Auction, Sealed Bid Sale, Internet Auction Presented by The State Controller s Office Burlingame, CA October, 2015 Introduction This presentation will outline the Chapter 7 taxdefaulted
More informationShort Sales. A Win Win Solution for Everyone Involved
Short Sales A Win Win Solution for Everyone Involved Prepared for: North American Title Company June 5, 2008 Prepared by: Ildiko Pali Real Estate Broker Short Sale Specialist 415 412 8721 (mobile) 415
More informationH 7816 S T A T E O F R H O D E I S L A N D
LC001 01 -- H 1 S T A T E O F R H O D E I S L A N D IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 01 A N A C T RELATING TO TAXATION -- TAX SALES Introduced By: Representative Robert E. Craven Date Introduced:
More informationH 7816 AS AMENDED S T A T E O F R H O D E I S L A N D
======== LC001 ======== 01 -- H 1 AS AMENDED S T A T E O F R H O D E I S L A N D IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 01 A N A C T RELATING TO TAXATION -- TAX SALES Introduced By: Representative Robert
More informationTHIRTY-ISH WAYS TO FINDS A DEAL. Stephen McKee Chief Operating Officer Rehab Loan Group
THIRTY-ISH WAYS TO FINDS A DEAL Stephen McKee Chief Operating Officer Rehab Loan Group Southern California REAL ESTATE AGENTS WHO SELL FLIPS Use Proper tyradar.com s Transfer Search option. S e a r c h
More informationTax Deed Sale Process. Lee County Clerk of Courts
Tax Deed Sale Process Lee County Clerk of Courts Agenda Risks & Disclaimers Process Flow Application for Tax Deed Preparation for Sale Redemption Auction Listings Research Bid After the Sale Scope of this
More informationTax Sale Information
1 Tax Sale Information The Tax Commissioner s Office receives many inquiries concerning real estate tax sales. This brief publication is designed to answer these questions and provide an insight into the
More informationCOMPLETE GUIDE TO BUYING A HOME IN SAN ANTONIO
COMPLETE GUIDE TO BUYING A HOME IN SAN ANTONIO Buying a home is a big deal. While the process is exciting, it can also be overwhelming. At KW Portfolio we are committed to making sure buyers have all the
More informationSo you d like to purchase Municipal Tax-foreclosed properties
So you d like to purchase Municipal Tax-foreclosed properties Tax and/or Special Assessments Foreclosure Property Sale Information The purpose of this guide is to help you through the process of how to
More informationFIS SYSTEM FO RECLO SURE INVESTING LITTLE GREEN BO O K
FIS FO RECLO SURE INVESTING SYSTEM 2016 LITTLE GREEN BO O K LEGAL NOTICE Copyright Copyright 2016 by Realeflow All rights reserved. No part of this publication may be reproduced, distributed, or transmitted
More informationBuying Property in Prince Edward Island
Community Legal Information Association of PEI, Inc. Buying Property in Prince Edward Island Many people in Prince Edward Island will buy a home or land at some point in their life. This is one of the
More informationTAX FORECLOSURE PROCESS JUDITH MILES ASSISTANT PROSECUTING ATTORNEY
T TAX FORECLOSURE PROCESS JUDITH MILES ASSISTANT PROSECUTING ATTORNEY WHAT IS A TAX FORECLOSURE? A LAWSUIT AGAINST A PIECE OF PROPERTY WITH CERTIFIED DELINQUENT REAL PROPERTY TAXES FILED ON BEHALF OF THE
More informationTax Sale Sniper Basic Training
Tax Sale Sniper Basic Training Establishing Property Values and Maximum Bids Rick Dawson / DeedGrabber.com Inc PO Box 3348 Munster IN 46321 800-242-5410 Copyright Rick Dawson/DeedGrabber.com Inc All rights
More informationInsuring after Judicial and Non-Judicial Foreclosures
Insuring after Judicial and Non-Judicial Foreclosures Montana Land Title Association Spring Education Seminar May 2014 David E. Lawson, Underwriter Fidelity National Title Group NOTE: deed of trust (DOT)
More informationFREQUENTLY ASKED QUESTIONS
FREQUENTLY ASKED QUESTIONS The following FAQs are offered as general information about our tax sale and tax sale redemptions and should not be construed as legal advice and/or legal opinion of the statutes
More informationSo you d like to purchase Municipal Tax-foreclosed properties
So you d like to purchase Municipal Tax-foreclosed properties All rights reserved. These materials may not be reproduced without permission of the. This brochure is designed to provide general information
More informationLesson 5: Encumbrances. Encumbrances. Real Estate Principles of Georgia. Encumbrances. Financial vs. Non-financial
Real Estate Principles of Georgia Lesson 5: Encumbrances 1 of 64 105 Encumbrances Encumbrance: A nonpossessory interest in real property held by someone other than the owner. Does not give ownership or
More information100 Ways to Find Great Leads
100 Ways to Find Great Leads Pizza Boxes: Pizza boxes are a great way to advertise. Many pizza boxes reserve space on top of the box specifically for advertising. Apparel: Logos on clothing such as t-shirts,
More informationTenants Rights in Foreclosure 1
Tenants Rights in Foreclosure 1 1. I just found out that the home I rent is in foreclosure. What should I do? You should first determine the type of foreclosure. There are two types, one with court involvement
More informationWhat To Do When Your Landlord Is In Foreclosure
What To Do When Your Landlord Is In Foreclosure Legal Services of Greater Miami, Inc. Tenants Rights Project Renters Education and Advocacy Legal Lines (REAL) https://sites.google.com/site/reallsgmi www.lsgmi.org
More informationMigrants Guide to Renting in Sydney Index
Migrants Guide to Renting in Sydney Index Tenancy in NSW 1 Starting a tenancy 1 Finding a place to live 3 Important information about applying 3 Getting your home 4 When you are renting 4 Important information
More informationGOVERNMENT PROPERTY AUCTIONS E-BOOK
GOVERNMENT PROPERTY AUCTIONS E-BOOK Creative Strategies To Increase Your Property Portfolio Check us out on Facebook! www.governmentpropertyauctions.com.au Table of contents: Government Property 1 Auctions
More informationSheriff Sale info from the Ohio Revised Code
Sheriff Sale info from the Ohio Revised Code 2335.021 Appointment of licensed auctioneer - compensation, reimbursement. Any court of record may appoint an auctioneer licensed under Chapter 4707. of the
More informationBuyers Guide to REO Properties
2010 Buyers Guide to REO Properties Mike Bridges Property Express CRM 2/22/2010 Table of Contents Table of Contents... 2 Introduction... 3 What are REO Properties?... 3 The Buying Process... 3 Select a
More informationThe 7 Critical Steps for Getting Started in Real Estate Investing
JumpStartREI.com presents The 7 Critical Steps for Getting Started in Real Estate Investing Your Instructor: Socorro Curiel Master Coach Real Estate Investor Educator Socorro@JumpStartREI.com Why are so
More informationFlow Chart- Researching Real Estate
Flow Chart- Researching Real Estate 1. Generate Lead (20 + Methods) 2. Gather Data 3. Analyze Data 4. Assess Maximum Price to Pay (Comparable Analysis & Discount Worksheet/Term Worksheet OR Cash Flow Analysis)
More informationNOTICE TO ALL TAX SALE BIDDERS
NOTICE TO ALL TAX SALE BIDDERS THE TEXAS LEGISLATURE HAS ENACTED NEW REQUIREMENTS IN ORDER TO RECEIVE YOUR DEED TO TAX SALE PROPERTY. PLEASE NOTE THAT BEFORE A TAX DEED CAN BE ISSUED TO YOU, YOU MUST DO
More informationBack to the Basics: Foreclosure 101
Back to the Basics: Foreclosure 101 Connie Heyer Niemann & Heyer, LLP TSSA Legal Counsel Regular Foreclosure Process Regular Foreclosure Process STEP 1: CHECK LEASE FOR PARTICULARS pgs 37-45 STEP 2: SEIZE
More informationWELLS SANITARY DISTRICT POLICY FOR DISPOSITION OF SEWER LIEN FORECLOSURE ACQUIRED PROPERTY
WELLS SANITARY DISTRICT POLICY FOR DISPOSITION OF SEWER LIEN FORECLOSURE ACQUIRED PROPERTY Article 1. PREAMBLE 1.1 The purpose of this policy is to establish procedures for the management, administration
More informationThe nonjudicial foreclosure process
Chapter 44: The nonjudicial foreclosure process 499 Chapter 44 The nonjudicial foreclosure process After you read this chapter, you will be able to : identify a mortgage or other lien on real estate by
More informationPublic Auction of Tax-Defaulted Property County of Mariposa Office of the Treasurer/Tax Collector
Public Auction of Tax-Defaulted Property County of Mariposa Office of the Treasurer/Tax Collector If you plan to participate in the auction of tax-defaulted property, please read the following information.
More informationSearch Result for BALTIMORE COUNTY View Map View GroundRent Redemption View GroundRent Registration. Location & Structure Information
Real Property Data Search Search Result for BALTIMORE COUNTY View Map View GroundRent Redemption View GroundRent Registration Tax Exempt: Exempt Class: Special Tax Recapture: AGRICULTURAL TRANSFER TAX
More informationPrintable Lesson Materials
Printable Lesson Materials Print these materials as a study guide These printable materials allow you to study away from your computer, which many students find beneficial. These materials consist of two
More informationNORTH CAROLINA POWER OF SALE FORECLOSURE ABSTRACT - LONG FORM
NORTH CAROLINA POWER OF SALE FORECLOSURE ABSTRACT - LONG FORM Special Proceeding No. SP County, North Carolina Deed of Trust Foreclosed (DTF): Book Page Abstracted by on, 20 OWNER/PROPERTY/INTEREST FROM
More informationThursday, September 17, 2015
AUCTION CATALOGUE NEWAYGO COUNTY TREASURER S REAL ESTATE AUCTION Auction to be held on: Thursday, September 17, 2015 with: Registration beginning at: 12:00 PM - (Noon) and AUCTION beginning at: 1:00 PM
More informationReal Estate Auction 3+-ACRE VACANT COMMERCIAL LOT! PRIME LOCATION ALONG ROUTE 30 IN FAYETTEVILLE!
Real Estate Auction 3+-ACRE VACANT COMMERCIAL LOT! PRIME LOCATION ALONG ROUTE 30 IN FAYETTEVILLE! SEALED BIDS DUE ON OR BEFORE THURSDAY, JULY 26, 2018 @ 4:00 PM LINCOLN WAY E FAYETTEVILLE, PA 17222 July
More informationBUYING BANK REPOSSESSED HOUSES FOR BIG PROFITS
BUYING BANK REPOSSESSED HOUSES FOR BIG PROFITS by Lance Young Published by Gateway Investment Properties, Inc. BUYING BANK REPOSSESSED HOUSES FOR BIG PROFITS Published by Gateway Investment Properties,
More informationReal Estate Auction 1.6+-ACRE LOT ZONED MEDIUM MANUFACTURING $35,000 & ABOVE! TUESDAY, DECEMBER 11, 1 PM
Real Estate Auction 1.6+-ACRE LOT ZONED MEDIUM MANUFACTURING SOLD @ $35,000 & ABOVE! TUESDAY, DECEMBER 11, 2018 @ 1 PM OYLER DRIVE, LOT 8 CHAMBERSBURG, PA 17201 November 26, 2018 Dear Prospective Buyer,
More informationPVD Foreclosure Related Sales Guidelines
Introduction PVD Foreclosure Related Sales Guidelines The purpose of this paper is to provide guidance to county appraisers in dealing with the high volume of foreclosure related sales, also known as REO
More informationRecord Number of Foreclosures Cancelled Auction investors see fewer deals, better margins
Record Number of Foreclosures Cancelled Auction investors see fewer deals, better margins Discovery Bay, CA, July 13, 2010 - ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every
More informationWelcome and Congratulations!
Welcome and Congratulations! What s Coming 14 Fast Financing Formulas Creative Financing Combos Creative Financing Do s & Don ts Replays (with corresponding documents, forms and bonuses) posted in members
More informationDELINQUENT TAX SALE CALHOUN COUNTY APPRAISAL DISTRICT CALHOUN COUNTY, TEXAS. December 5, 2017 at 10:00 am Calhoun County Courthouse
DELINQUENT TAX SALE CALHOUN COUNTY APPRAISAL DISTRICT CALHOUN COUNTY, TEXAS December 5, 2017 at 10:00 am Calhoun County Courthouse GENERAL INFORMATION REGARDING THE TAX SALE You must READ THE FOLLOWING
More informationWhy LEASE PURCHASE is fast becoming the seller's First Choice as an alternative to the traditional way of Selling Your Home FAST!
A $29.95 Value, Yours FREE Why LEASE PURCHASE is fast becoming the seller's First Choice as an alternative to the traditional way of Selling Your Home FAST! RHB Results Home Buyers, Inc. 800-478-xxxx *
More informationSummary of Sub SB 172 Modifying Ohio laws governing land reutilization programs and property tax foreclosures of abandoned lands
317.32 319.54 321.261 323.131 323.25 323.28 323.47 323.65(D) and generally 323.65(E) repealed 323.65(F)(2)(d) 323.65(J) 323.69(A) This amendment moves the existing recording fee exemption for instruments
More informationTERMS AND CONDITIONS GOVERNING THE ANNUAL TAX SALE OF JUNE 20, 2016 AND ADJOURNMENTS OR ASSIGNMENTS THEREOF
TERMS AND CONDITIONS GOVERNING THE ANNUAL TAX SALE OF JUNE 20, 2016 AND ADJOURNMENTS OR ASSIGNMENTS THEREOF Terms and conditions of the 2016 June Tax Sale: Please read carefully as some of the terms have
More informationFREQUENTLY ASKED QUESTIONS KANSAS EVICTION TRIALS
MISSOURI OFFICE 3740 BROADWAY, 2ND FLOOR KANSAS CITY, MISSOURI 64111 PH: (816) 931-2207 FX: (816) 931-2247 KANSAS OFFICE 4800 RAINBOW BLVD., SUITE 200 WESTWOOD, KANSAS 66205 PH: (913) 262-2207 FX: (913)
More informationRENTERS GUIDE TO EVICTION COURT
RENTERS GUIDE TO EVICTION COURT This booklet briefly describes the eviction process for Chicago renters who are in eviction court at the Daley Center, 50 W. Washington Street, Chicago, IL Subsidized Housing
More informationReal Estate Auction ENDLESS POSSIBILITIES 2 BUILDINGS & PAD FOR MOBILE
Real Estate Auction ENDLESS POSSIBILITIES 2 BUILDINGS & PAD FOR MOBILE MONDAY, JULY 25, 2016 at 3PM 14355 MERCERSBURG ROAD, GREENCASTLE, PA 17225 Open Houses: SATURDAY, JULY 16 & 23, 2016: 1:00PM 2:00
More information