Deal Structuring

Deal question
Q. Seller thinks house will appraise for 380k. Seller is asking 318k for it. Seller owes 300k on it. Seller will be going into FORECLOSURE ON DEC. 31, 2004....
Wed, 11 Jul, 2018 at 10:38 AM
Getting the Deed
Q. Do we actually take their physical deed or is it simply transferred by them signing the Standard Warranty Deed? A. When they sign the deed they are t...
Wed, 11 Jul, 2018 at 10:39 AM
Bankruptcy Issues
Q. When purchasing a property from sellers who have filed bankruptcy, what needs to be done with the seller, the seller\'s attorney or the bankruptcy c...
Wed, 11 Jul, 2018 at 10:40 AM
Offer options
Q. Seller said the house value is 375k seller is looking for 330k. mortgage balance 280k. house is 4500 sq. and 1500 is principle interest. What should ...
Wed, 11 Jul, 2018 at 10:41 AM
Subject To Deed
Q. When buying property subject to, do you record deed in that county or in the county you reside in? A. Record the deed in the county that the property...
Wed, 11 Jul, 2018 at 10:42 AM
Legal Descriptions
Q. Where can I find legal descriptions of properties if client can't find old deed or closing papers? Is there a general web page to find these? A....
Wed, 11 Jul, 2018 at 10:44 AM
How to Buy Multiple Houses
Q. Lou's material and CFL has been very valuable for me (thanks Tim). I'm ready to buy more than 1 house at a time. I only have enough money on ha...
Wed, 11 Jul, 2018 at 10:45 AM
How to get values
Q. I have some questions getting started---- 1. When you are first checking out a house to purchase--how are you getting the appraisal pricegoing through a...
Wed, 11 Jul, 2018 at 10:47 AM
Subject To Magic Words
Q. In a recent call, Lou said that once we learned the "magic words", it would be easy to get sellers to sell subject to or by AFD....and that buy...
Wed, 11 Jul, 2018 at 10:49 AM
Subject to with a Second
Q. Two part Question on 2nd Mortgage with "Subject To" on the 1st. I've got a deal on tap with a 1st & 2nd. "Subject To" will w...
Wed, 11 Jul, 2018 at 10:50 AM