At What Point Should I Check Title In An Ss?
hi.
i wanted to know when should i check title when im working on a short sale? (this is for everyone that has done it already)
hi.
i wanted to know when should i check title when im working on a short sale? (this is for everyone that has done it already)
thanks.
Just did a title search on a property. Found 18k in federal tax liens, dont know if the homeowner was trying to pull one over on me, but its nice to know the truth.
its good you found out. what kind of deal was it? and what did you end up doing with the deal?
It was a preforeclosure, it was all wrapped up pretty much. We knew the BPO and I had done stuff with the loss mitigator before so it was all but in the bag. There was nothing I could do, walk away pretty much
Nobody knows this? I know it is a dumb question because the trustee isnt personally guaranteeing any loan. With that being said can i hear somebody say "no, nothing will show up on your credit"?
Ryand
At the company I work for they basically have them sign an extra sheet when they deed it into a trust. The sheet is either a resignation as trustee and puts the owner as trustee, or they deed it from the trust back to the original owner. Dont know how ethical that is since you were helping them, but it at least clears your name.
ssp,
well could you transfer it to the right forum if its not in the right place?
Ryan,
If you are not a signator on the loan it does not go on your credit report. Only the person who signed the loan gets the ding.
John $Cash$ Locke
[addsig]
Thank you John,
That is just what i wanted to hear. I am sorry for posting in the wrong forum.
have a good day,
Ryan