SS Step-By-Step Questions

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* When do I obtain the deed from the motivated seller?

* When should I do a title check?

*When do I get the property appraised?

* Do I hire my own appraiser or does the Loss Mitigation send out their own appraiser to look at the property?

* I was told that when I do get the deed, to put it under and Land Trust? What is this and why?

* Should I go ahead with a deal that has liens against the property? If so, how do I go about negotiating outstanding liens?

Many thanks for your helpful responses...



Comments(0)

  • FearofREInvesting4th November, 2005
    0
    Reply

    Thanks, SSP.

    What about the question about putting the deed under "Land Trust"? What is this and why?

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