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Will You Make Money If You Have to Foreclose?
Gefet- Gemara, Perushim, and Tosafot, an in-depth Iyun gemara shiur Halakha describes an institution called “shi'abud nechasim” — my property can be collected as payment on a loan even if I, the current owner of the property, am not the one who borrowed money, but I bought the property from the person who did. When can this happen, and why? Join us for week's Gefet as we discuss this final sugya in Bava Batra, which offers us fascinating window into the development, and, ultimately, the nature of this complicated and multilayered text we call “the Gemara.” Shibuda deorayta שעבוד דאורייתא Gefet Ep 95 for Bava Batra 176 Gefet with Rabbanit Yael Shimoni and Shalhevet Schwartz is in collaboration with Yeshivat Drisha. Learn more on http://hadran.org.il/
Today on City Cast Portland, we're talking about Portland Public Schools' new superintendent pick, the city's foreclosing on abandoned buildings, and the demise of two local media empires. Joining host Claudia Meza on this week's Friday roundup are Willamette Week reporter and author Brianna Wheeler and our very own executive producer, John Notarianni. Discussed on Today's Episode: Portland Public Schools Picks New Superintendent After 6 Month Search [Oregonian] City of Portland Moves to Foreclose on Local Eyesore, Old Gordon's Fireplace Shop [KOIN] Bob Pamplin Sells His Newspapers to Mississippi Firm [Willamette Week] What's Next After Oregon Newspapers' Black Monday? [Oregonian
Holmberg's Morning Sickness - Tuesday May 21, 2024 Learn more about your ad choices. Visit megaphone.fm/adchoices
Holmberg's Morning Sickness - Tuesday May 21, 2024 Learn more about your ad choices. Visit megaphone.fm/adchoices
Kim Zolciak and Kroy Biermann are facing foreclosure on their $5.5 million mansion once again after the bank announced that it “intends” to foreclose on the property, RadarOnline.com has learned.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
On this episode of REI Mastermind Network, host Jack Hoss is joined by guest Edward Brown to discuss a variety of topics related to real estate investing. Brown shares how his company handles construction loans and has separate divisions for temporary loans and buying discounted notes. He also emphasizes the importance of asking about potential risks before investing and recommends focusing on low-risk and conservative investments. Brown also shares his experiences with individual deeds of trust and advises against investing in fractionalized deeds unless certain conditions are met. Additionally, Brown discusses the potential risks of loan investments in a market crash and the importance of evaluating the client's story, experience, and exit strategy for loan applications. Overall, this episode provides valuable insights into the world of real estate investing.
In Nevada and 11 other states, an obscure statute allows the trash company to put a lien on your home if you don't pay your bills. They say it's because unlike water and gas utilities, they can't cut off service — they have to keep picking up your trash. But over the course of 2022, Republic Services has doubled their lawsuits, and they're not saying why. Today, co-host Vogue Robinson chats with Michael “MJ” Lyle, who just wrote a story about a Henderson woman who could lose her home because of 20-year-old unpaid trash bills, and the solutions he sees as an alternative. (Spoiler alert: One of them involves Rihanna.) What's been your experience with Republic Services? Let us know on socials — we're @CityCastVegas on Twitter and Instagram — or by leaving us a voicemail at 702-514-0719. Stay in the loop on all things Vegas, from news to events and more: Sign up for our brilliant morning newsletter! Get it right here. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Beyond Networth Podcast, we have Branden DuCharme. A realtor, accredited wealth advisor, and the CFO of Wealth435. Listen in and learn about financial principles, investments, and legacy. Preview of this episode: 14:31 Real estate investment– if it goes well, it goes well, but if it goes bad, it goes really bad. Right? if a real estate deal goes bad, you oftentimes risk losing the whole house, right? Foreclose. You completely lose the asset, all the money you put into it. 18:38 Obviously real estate is an inefficient enough market that you can find inefficiencies, and mispricings and that's the whole thing, right? Like the stock market's not super inefficient. It's pretty hard to go out and find stocks that are truly undervalued for no good reason. And you're just gonna scoop 'em up on a deal. 22:20 Whether it's a single-family resident and a storage unit or anything like that. When you do those, Investments. It is like it is, you're doing the same thing Warren Buffett does when he goes and buys the whole company, right? You're buying the whole home, the whole duplex, the whole storage facility, and you're saying, I have systems and processes a way of managing different so I can manage this asset or this now, this company essentially differently and I can increase the value myself, right? I'll be the value add and that, and so you found that inefficiency added your efficiency to it and now it's a performing asset. 24:46 if you're just trying to turn and burn on the commission then you don't have the time cuz you gotta hunt and kill and hunt and kill and hunt and kill. I'm like a farmer dude. Plant the fields. Yes. Cultivate 'em. And I harvest a lot of crop because of it. And, and every year it keeps growing back for me. Know more about Branden IG→https://www.instagram.com/ducharmefinancial/
#AvoidForeclosure #HomeOwnership #homevalues Let's Discuss the ways to Avoid Foreclosure VS. trying to spread fear about a fake real estate crash thats supposed to take place this year...FORECLOSUREGuest:Tony Martinez | Realtor | Remax North Host: Mark Jones - NMLS 513437 | Founder of ReviewMyMortgage.com | President iTHINK MORTGAGE Sr. Loan Officer - The right way to educate & the wrong way to educate about it. - Spreads Fear and Lowers CCI. (Consumer Confidence Index) - https://data.oecd.org/leadind/consumer-confidence-index-cci.htm - How Long Does it Take to Foreclose in Texas? * In most cases involving a home loan, federal regulations state the foreclosure action cannot begin until the loan is over 120 days delinquent. WHY FORECLOSURE IS A BAD IDEA* Credit History * Ability to Purchase Again * Creates Additional Hurdles and Waiting Periods* Most Of All - LOSE OF EQUITY SHORT SALES IS BETTER THAN FORECLOSURE … “only if they are upside down on their LTV” MJ - But is it? * Definition : * Both short sales and foreclosures can get homeowners out of paying for their mortgages. Short sales are voluntary actions by the homeowner; they require approval from the lender. Foreclosures are involuntary for the homeowner; the lender takes legal action to take control of and sell the property. * Financial Impact : * In the end, short sales are almost always damaging to your credit, but they do less harm than foreclosures or bankruptcies. A short sale might block you from a mortgage on a new home for two years or so, but a foreclosure or bankruptcy could keep you out of the market for as long as seven to 10 years.May 9, 2022Texas Doesn't Have Many Short Sales : * Situation of Potential Short Sale * VA Loan due to Funding Fees * USDA Loan 100% Financing * Bond Loans with Silent 2nd Waiting Periods after Short Sale? Waiting Periods after Foreclosure? WORKING WITH YOUR MORTGAGE SERVICER TO SAVE YOUR HOME- Because of Programs that are now allowing for Extended Forbearance.- Intermittent Payment Deferral - Loan Modification https://www.attomdata.com/news/market-trends/foreclosures/attom-september-and-q3-2022-u-s-foreclosure-market-report/Only for educational usage. All calculations should be verified independently. Reviewmymortgage.com is not a lender, does not issue loan qualifications, and does not extend credit of any kind. This is not an offer to lend and should not be used to make decisions on home offers, purchasing decisions, or loan selections. Not guaranteed to provide accurate results, imply lending terms, qualification amounts, nor real estate advice. For All Mortgage Lending Needs Please Visit iTHINKMortgage.comRead the full disclaimer here https://ithinkmortgage.com/disclaimer/Closing Cost,Proof of Funds Fun Trivia,Credit Score,Credit Events,Credit Events: Public Filings,Today's Average Rates, where to look, Mortgage Insurance, Property Requirements, House Hacking, Property Condition, Appraisal, Loan Limits, Income and Employment, Affordability - Debt-to-income, Max Purchase Price Calculator, Student Loans, Manual Underwriting, Seller Credits, Special Requirements / Features, Refinancing,Success Rate & Seller Perception,
This week's episode is hosted by Christine & Grace. 5-30-22.
On today's episode, Editor in Chief Sarah Wheeler talks with Mortgage Reporter Maria Volkova about New York's attempt to limit the foreclosure timeline and how that could affect mortgage lenders, servicers and consumers if it passes. The two also discuss flood insurance and the recent findings by HUD's watchdog that the FHA insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. HW Media articles related to this episode:NY bill would change statute of limitations on foreclosuresFHA backed $4.5B in mortgages without required flood insurance
Note Investors Nathan and Dave will be talking with Attorney C. Lance Margolin of Margolin & Weinreb Law firm about the ability to Foreclose in Federal court opposed to Superior Court. This is often a Cheaper and quicker route than Superior Court. Watch this video on Youtube: Watch Video Our new Website Updated Tools, Resources, Bid Calculator, Education and over 100 assets for sale #noteinvesting #mortgagenotes #investor #mortgagenote #realestate #realestateinvestor Visit our website, follow us on social, join our Note Investing Facebook group, or listen to our Note Investing Podcast! Links Website: https://www.jkpholdings.com Podcast: https://jkpholdings.com/podcasts/ Beginner Series: https://www.jkpholdings.com/beginner-series/ Youtube Channel: https://www.youtube.com/c/JKPholdingsllc?sub_confirmation=1 SOCIAL MEDIA FB Group: https://www.facebook.com/groups/EastCoastDistressedNoteInvesting/ Facebook: https://www.facebook.com/JKPHoldings/ Linkedin: https://www.linkedin.com/company/jkp-holdings-llc --- Send in a voice message: https://anchor.fm/jkp-holdings/message Support this podcast: https://anchor.fm/jkp-holdings/support
You've tried nice. You've tried nasty. Now try listening to our podcast for some new strategies to finally get paid. Emily and Andrew talk with Matt Viator of Levelset, along with his friends, Notice of Intent to Foreclose and Notice of Intent to Lien. Sponsored by CompanyCam --- Send in a voice message: https://anchor.fm/paint-radio/message
English for Economists | English Lessons for Economics and Finance
Is the current high level of house prices sustainable? Central banks, worried about surging inflation, are tightening monetary policy, including by raising interest rates. In its latest financial-stability report the IMF warned that “downside risks to house prices appear to be significant”. This could reduce prices substantially. However, in a recent article, the Economist magazine argues that there are three reasons why prices could remain at their current level, or even continue to increase. Here is the vocabulary we will look at in this podcast. Surging inflation: Inflation that is increasing suddenly, and powerfully. Downside risk: A risk that something will get worse. Sustainable: Able to be maintained at a certain rate or level. Stable jobs: A job position that employees can keep for long periods of time. Foreclose: take possession of a mortgaged property as a result of a lack of payment. The property is then usually resold. Shifting preference: A change in preference. A change in what people want. Supply constraint: A constraint holds something back, in this case, a supply constraint is a limit on the amount of supplies, like building materials for example.
Did you know that a HELOC is a second mortgage - it's a home equity line of credit? Did you know that sometimes a second mortgage can be eliminated in a bankruptcy, but sometimes not? What happens when, years later, the second mortgage tries to collect after being included in a bankruptcy? We cover all of these topics and more in this week's episode of The Crushing Debt Podcast. What is a reaffirmation agreement (listen to Episode 188 for more information) and how does it factor into the analysis here? Unfortunately, I've seen an increase in cases where someone filed bankruptcy and didn't know they had a second mortgage, didn't realize they had a second mortgage, or didn't properly address their second mortgage within the bankruptcy case. What can I do about it years after the fact? Likely not much, but, as always, I have a few options. If you have questions about your second mortgage and bankruptcy, please contact us or a local attorney. You can reach me at Shawn@YesnerLaw.com or www.YesnerLaw.com. Please also support our friend and sponsor Sam Cohen by introducing him to an attorney or title company you know that wants to competitively shop their malpractice insurance renewal. Sam can work with an attorney or title company anywhere in the country, but prefers working with attorneys and title companies in Florida or Texas. You can reach him at Sam@AttorneysFirst.com or www.AttorneysFirst.com.
What four (or five) creditors can foreclose and take away your primary residence? What legal authority in Florida allows a creditor to take your home? How does the Florida Homestead Laws play into this analysis? What can I do if my credit card company records a judgment against my homestead property? In this week's episode, I describe the four (maybe five) creditors that can take your primary residence through foreclosure: (1) Property Tax Collector, (2) Mortgage Company, (3) Contractor who does work on the home, (4) the IRS, and (5) your homeowner or condo association. The authority for them to do this, or more accurately, the inability of other creditors from doing this - like credit cards, hospital bills, student loans, etc., is found in the Florida Constitution, Article X, Section 4, and Florida Statutes Chapter 222. I've been able to use a "Notice of Homestead" to eliminate unsecured liens against homes, but it is not a quick process. Therefore, you want to ensure that you file and record the Notice of Homestead far enough in advance of closing for it to eliminate the lien. Some of the links mentioned in today's episode: Florida Constitution, Article X, Section 4: https://www.flsenate.gov/Laws/Constitution#A10S04 Florida Statute, Section 222.01: http://www.leg.state.fl.us/STATUTES/index.cfm?App_mode=Display_Statute&Search_String=&URL=0200-0299/0222/Sections/0222.01.html Florida Statute, Section 222.02: http://www.leg.state.fl.us/STATUTES/index.cfm?App_mode=Display_Statute&Search_String=&URL=0200-0299/0222/Sections/0222.02.html Episode 15 - Florida's Homestead Exemption: https://traffic.libsyn.com/secure/yesnerlawpodcast/256517732-yesner_law_podcast-episode-15-florida-homestead-exemption.mp3 Episode 104 - Property Tax Portability: https://yesnerlawpodcast.libsyn.com/episode-104-property-tax-portability United States v. Craft, 535 U.S. 274 (2002): https://scholar.google.com/scholar_case?case=1796521700192014966&q=United+States+v.+Craft&hl=en&as_sdt=40006 The Notice of Homestead procedure is found in Section 222.01 and is fairly straight forward, but if you need help, please contact our office. Please also visit our sponsor Sam Cohen for an "apples to apples" comparison of malpractice insurance if you are or if you know an attorney or title company in Florida or Texas. Sam@AttorneysFirst.com or www.AttorneysFirst.com. If you have any further questions for me, please reach out at Shawn@YesnerLaw.com or www.YesnerLaw.com.
The Dalles sues The Oregonian to prevent release of Google's water deal. Portland and Multnomah County to spend $40 million in surplus taxes on homeless people. Thorns name Karina LeBlanc as new general manager See acast.com/privacy for privacy and opt-out information.
Everything you need to know about foreclosure: What is Foreclosure, Who takes the decision to Foreclose, Are there any negative consequences of a Foreclosure, What if the foreclosure generates more money than the amount left on your mortgage, What if the sale generates less money than the mortgage balance, How can you prevent Foreclosure, and more. Show notes and transcript at: https://www.easypeasyfinance.com/what-is-foreclosure-and-how-can-you-prevent-it/
In this episode of the NoteSchool Tv's Real Estate Industry Update, Eddie Speed and Bob Repass not only bring you the latest events in the market but most importantly they are taking the information that they have and see how they can use these as strategies to help other people be successful in their business as well. Bob Repass is the Managing Director of Colonial Funding Group, LLC., where he shares overall responsibility for the management of the firm. In his role as Managing Director, Mr. Repass' primary focus includes investor relations and regulatory compliance. Bob is a 25-year veteran and expert in the seller finance mortgage and distressed asset industry. Over the course of his career, he has purchased over 40,000 performing and non-performing mortgage loans totaling over $2 billion dollars in volume, giving him an unparalleled track record in the industry. Timestamps: 0:01 - “What exactly is going on in the marketplace today? ” 1:26 - https://www.NoteSchool.com/TV 2:59 - Eddie Speed & Bob Repass deliver the latest real estate industry update. 4:19 - Black Knight Mortgage Monitor - Covers both the delinquency and the housing pricing affordability as of April. 19:36 - Home Price & Affordability - Real Estate Is On Fire 26:33 - The latest since the report. 27:05 - CFPB Rulings 30:03 - OK to Foreclose as per CFPB 32:20 - Supreme Court Ruled that the CBC Moratorium is extended until the end of July. 35:10 - Feeding Frenzy Friday & Notes Direct 35:51 - Feeding Frenzy Friday - https://www.NoteSchool.com/FFF 37:42 - https://www.NoteScool.com 38:05 - After-Party! Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today's Ever-Changing Market… Risk-Free! Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class: https://new.noteschool.com/TV Latest Class Information: https://noteschool.com/live-classes/ Download a Brand-New eBook by Eddie Speed It's A Whole New Ball Game With Creative Financing https://lp.noteschooltraining.com/moneyball-getstarted https://www.facebook.com/thenoteschool https://www.linkedin.com/company/noteschool/ https://www.linkedin.com/company/colonial-funding-group-llc/ https://twitter.com/thenoteschool https://www.instagram.com/thenoteauthority/ https://noteschool.libsyn.com/rss https://www.stitcher.com/s?fid=582689&refid=stpr #NoteSchool #EddieSpeed #RealEstate #MortgageNotes
In this article, we will discuss whether or not you should hire an attorney when going through a #Foreclose in Illinois. We will answer the following questions: at what point should you consider hiring an attorney?, can an attorney help you avoid foreclosure?, what defenses can an attorney use to help you #AvoidForeclosure?, and when is an attorney unnecessary during a foreclosure? Read more in the article at: https://www.oflaherty-law.com/learn-about-law/do-i-need-a-foreclosure-attorney-in-illinois Enjoy Legal Consultations from the comfort of your home. With our attorneys able to do consultations over the phone or through a videoconferencing communications system like Zoom, our attorneys at #OFlahertyLaw are able to do free or paid consultations that fit into your schedule without the fear of not being able to socially distance yourself from others. For more information about our Social Distancing Practices, #LearnAboutLaw Articles, or the court updates due to COVID 19, please click here https://www.oflaherty-law.com/notice-on-the-coronavirus-oflaherty-law We know you may have more questions regarding the topic or topics that we just discussed. Just Leave a comment on this #LearnAboutLaw Video and the staff at #OFlahertyLaw will respond with the best way to contact us for further inquiries. If you would like to make an appointment with one of our Illinois, Iowa, or Indiana Attorneys after watching a #LearnAboutLaw Video, please call our scheduling team at #OFlahertyLaw so they can set one up for you. They can be reached at (630) 324-6666. If you are not able to call, you can go to our website at www.oflaherty-law.com to speak to one of our customer service representatives there. #OFlahertyLaw now serves over 105 counties in Illinois, Iowa, and Indiana with convenient offices in scattered throughout. To see all of our office locations, you can go to our website at https://www.oflaherty-law.com. Our Attorney's main focus has always been providing quality legal work, white glove customer service, and affordable rates in all of the areas that we practice. While our focus has always been Family Law, Probate, and Estate planning, we do have extremely seasoned and capable attorneys who practice in Guardianship Matters, Criminal Matters, Litigation, Business and Contract Law, Real Estate, Immigration, Bankruptcy (7 and 13), and Debt Resolutions. If you are looking to hire an attorney after watching a #LearnAboutLaw video, please give our scheduling office a call so that our intake team can schedule you a time to speak with an attorney. Our office number is (630) 324-6666. None of the content in this series is intended as paid legal advice. Subscribe to our channel for daily videos dedicated to law and business. https://www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA
The “Pre-foreclosure” means, it's in default and it is known to the public. Important information to know: each state has its own rules and regulation about foreclosures. Whereas the “Foreclosure” is when the attorney is announcing or advertising the details about the loan that is being foreclosed. The “Post-foreclosure” is when the property has already been foreclosed and the bank now owns the property and sells it to the public. To learn more about the process of finding and buying and a foreclosure home, continue watching this video. Lou Brown has a training coming up it's available in www.WealthBuilderWorkshop.Online It's an all day training in the comfort of your own home where Lou is going to teach you how to find a buyer before even finding a property. He's also going to teach you how to protect all your assets using land trusts and personal property trusts. https://millionairejumpstart.com/ Discover how to start investing in real estate at Millionaire Jumpstart. * Money Making Secret #1: Getting Motivated Sellers to Call You! No more calling unmotivated sellers and getting rejected more times than a geek for the high school prom! I'll show you how for over 28 years, I've been able to get deals brought to me and motivated sellers hunting me down to give me their house. * Money Making Secret #2: The Art of Structuring Deals! I've been doing this for 40 years and I love to share how I get sellers to give me the house, a check, and even a jet ski or two. * Money Making Secret #3: Negotiating Secrets Revealed! I love to negotiate, just ask Matt, one of my hand-picked coaches. We recently went to an estate sale and he witnessed me structuring a deal to buy the house and contents right there on the spot. * Money Making Secret #4: Trusts Simplified! A little confused on this entire Trust thing? Why to do it? How to do “Subject-To” safely? I'm going to show you my new fundamentals of Trusts training that will simplify the concept of Trusts, so a 9-year-old child can understand it. * Money Making Secret #5: Develop a Plan for Success in Real Estate. The wealthiest man ever to walk the earth left clues for us on how he amassed his great wealth and kept it. How to Help People While Helping Yourself - Become a Certified Affordable Housing Provider™ Create Your 10 Million Dollar Retirement Plan - specific formula revealed Learn Hidden Profits Available in ANY Deal - worth thousand$ How to Take Over the Seller's Loan with NO Money How to Have the Seller PAY YOU to Buy Their Home - no kidding! Buying Without Bank Loans - over forty years and never one bank loan!! Easy Ways to LEGALLY Raise Big Money for Your Deals Renovations - Quick Ways to Safely Make Huge Cash Now Money-Making Management Secrets from a 40 year veteran who manages over 150 now Accelerating Your Cash Flow - Add built-in “Profit Centers” - extra hundred$ per month Case Studies: Secrets of How They Were Found, Negotiated and Sold How to Protect Your Deal from Someone Else Stealing it Having Tenants Leave Your Property in Better Condition than When You Gave It to Them Why Land and Personal Property Trusts are the Best Privacy and Asset Protection Benefits of Trusts You Cannot Get With ANY Other Entity The Due-on-Sale Clause - What it is and How to Avoid it Legally And MUCH More Attend this power-packed “one-of-a-kind” best of the best training on making money in real estate investing! Call 1-800-578-8580 Take Lou's Course: https://www.udemy.com/course/realtors-and-real-estate-investing/?referralCode=305A2A5DB2A2C4543B7F Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing. * How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan… * How to have a buyer or renter before you even buy property… * How to have them already pay you money before you sold them anything… These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer. Media Sites: YouTube: https://www.youtube.com/user/StreetSmartInvestor Podcast: http://Streetsmart.mypodcastworld.com/ Facebook: https://www.facebook.com/StreetSmartInvestor/ Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/ Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976. He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts. Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group. He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
Waiting 45 days before you can foreclose a mortgage or evict a tenant for nonpayment of assessmentstenant remove for non-payment issues are not barred by the Governor's Order
As the number of individuals testing positive for the Novel #Coronavirus increases in the United States, and with it the public's uncertainty of what will happen next, the economic fallout has led many to wonder how they will pay their bills or if they'll have a roof over their heads in the coming months. In response to these concerns and the growing number of people filing for unemployment, the administration announced steps to stabilize the housing market, protect homeowners, and keep those facing #eviction in their current dwellings until the outbreak is under control. Read more in the article at: https://www.oflaherty-law.com/learn-about-law/am-i-safe-from-eviction-or-foreclosure-during-the-coronavirus-outbreak There's no need to leave your home to receive #legalconsultations and #legalservices- Call or click to learn more about phone and videoconferencing with our attorneys. https://www.oflaherty-law.com/notice-on-the-coronavirus-oflaherty-law Have any questions that weren't answered here? Let us know in the comment section! Subscribe to BLTV for daily Learn About Law videos: www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA If you are in the Illinois, Iowa or the Indiana area, and would like to make an appointment with an attorney, O'Flaherty Law would be happy to help. If you would like to schedule a free consultation or receive paid legal advice, go to: www.oflaherty-law.com or call our office directly at (630) 324-6666. SeizeYourBusiness.com is hosted by Bryan McDonald from OnPurpose Growth Website: www.onPurposeGrowth.com My LinkedIn: https://www.linkedin.com/in/mcdonaldbryan/ My Twitter: https://twitter.com/mcdonaldbryan Unlike other business-oriented podcasts, we will not give you “RA RA!” motivation. The purpose of this podcast is to provide you with actionable strategies and tactics that you can incorporate into your own business immediately. Every week, we will interview a successful business owner and plunge into the mind of our guest for specific lessons learned in the course of business. In the second half of each episode, we will have that business owner join us for an in-depth discussion of a particular topic apropos to his or her business, and hopefully to yours as well. Learn About Law is part of the Business Lounge Network, offering convenient and affordable office space in the Chicagoland area. Escape the noise of a crowded office or home and instead work in our professional and calm environment built to suit your business needs. For news on free events, membership offers and more, visit www.BusinessLoungeNetwork.com. More Learn About Law videos, podcasts, and articles: www.learn-about-law.com Learn More about O'Flaherty Law: www.oflaherty-law.com Like us on Facebook for daily videos: www.facebook.com/oflahertylaw/ O'Flaherty Law has convenient offices located in Davenport Iowa serving Iowa and the Quad cities and in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage County, Will County, Cook County, Lake County and McHenry County. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense. None of the content in this series is intended as paid legal advice. Subscribe to our channel for daily videos dedicated to law and business. https://www.youtube.com/channel/UCY4QhGg-zwgUIthoK3EdyjA
In this legal training video, Knoxville attorney Jed McKeehan explains the timeline for foreclosure. Learn more about this legal topic and others at http://attorney-knoxville.com.
This episode is in Vietnamese!Notes[00:02:01] Cty Loan Factory: https://www.loanfactory.com/suong/homeĐịa chỉ của Sương: 10515 Bellaire Boulevard Houston, TX 77072Số điện thoại là: 346-309-6107Email: Suong@loanfactory.com hoặc SuongNguyen85@Gmail.comThư gớp ý có thể gửi về Vee@RealEstateLab.live[00:04:03] Private Lender là một người có dư tiền trong ngân hàng. Cho người khác vay để mua nhà để ở hoặc flip.[00:06:10] Lender trực tiếp cho người mua nhà mượn tiền. Công ty của bạn Sương chỉ là môi giới.[00:08:03] Khi bạn nhận 1099, thì ngân hàng sẽ dùng net income (Gross - expenses) để xét duyệ.Còn khi bạn nhận W2, thì ngân hàng sẽ dùng con số gross income để xét duyệt.[00:10:36] Lien là một văn bản cho phép chủ nợ nắm giữ vật thế chấp (căn nhà) đến khi người mượn nợ thanh toán hết nợ.[00:11:02] Deed of trust là một văn bản thỏa thuận pháp luật mà trong đó, người vay nợ cho phép một người hoặc công ty khác giữ tài sản của người vay nợ cho đến khi món nợ được trả hết.Foreclose là tịch thu tài sản để thế nợ.[00:12:00] Underwriting cho vay dựa theo hai yếu tố chính là khả năng trả nợ (ability to pay) và ước muốn trả nợ (desire to pay).[00:16:26] Sương nhận commision từ việc hướng dẫn bên mượn nợ và bên vay nợ xuyên suốt quá trình cho vay.[00:19:25] Debt to income ratio là tỉ lệ nợ so với mức thu nhập.[00:20:33] Refinance: Tái cấp vốn, tái tạo nợ[00:23:00] Interest Only là khi ta chỉ trả tiền lời mà không trả tiền gốc. Ví dụ ta mượn $100,000 và lãi là 12%. Thì ta sẽ phải trả $1000/tháng cho lender.Full amortized là cách mà ngân hàng thường làm. Đó là chia tiền gốc và lãi ra trong một thời gian dài.[00:24:23] Ở phương diện là lender, thì mình luôn phải nghĩ cho mình trước. Nếu như người mượn trả interest only, thì tiền lời mình nhận được sẽ mãi ở mức cao nhất có thể vì tiền gốc sẽ không bao giờ tụt xuống.Sương ở giữa nên luôn muốn tốt cho đôi bên.[00:30:50] Trung bình nếu down payment là 30% thì lãi xuất trung bình là 8%.Nếu down payment là 40% thì trung bình lãi xuất là 7.5%[00:31:48] Mức đầu tư tối thiểu để dễ làm private lender nhất là tàm $140,000.[00:33:34] Phải có dư tiền mới làm private lender.[00:33:48] Và private lender không cần dùng đến số tiền này trong vòng 5 năm.Số tiền cho vay phải là tiền đang trong một tài khoản ngân hàng.Support this show http://supporter.acast.com/the-real-estate-lab. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
As a business owner and a foreclosure specialist, Glenn Quilter is on a mission to educate, structure finances and dominate in the real estate industry in a very unique way. Listen in and learn how we should be evaluating real estate. His company, "Foreclosure Exposure" is dedicated to helping people acquire real estate that would seem nearly impossible to aquire from the perspective of the everyday buyer. This episode is loaded with a lot of great tips and tactics. Enjoy! --- Support this podcast: https://anchor.fm/leadup/support
What is Generational Wealth? Imagine being able to not only provide for you and your family but being able to leave a legacy for several generations to come. Today's guest, Dr. Teresa Martin, and The Note Assistance Program(™) have set out to help 5,000 families in 5 years create that type of wealth for themselves and their families. Dr. Martin is a Foreclose and Bankruptcy Defense attorney, meaning she helps the borrower fight the banks! That may not seem like the best fit for the Naked Notes© podcast but you will hear how she has come to see what communities like #NAPNation are doing to be better Banks and how we can work together to find win-win scenarios for both sides. In addition to being an attorney, Dr. Martin owns and operates the Real Estate Investors Association NYC AND is a lobbyist for change on all matters related to investors. Hear her take on what is happening to landlords in New York City and what is surely headed to California and other states in the coming months/years. You will not want to miss this information packed episode! Sit back, relax, and find common ground on Episode 15 of the Naked Notes© Podcast. Join us for our LAST Mortgage Note Lab of the year this weekend. For tickets please go to: https://noteassistanceprogram.com/event/non-performing-note-lab-2019-ny-edition/ Ready to take action an join the NAP community? Text or call us at: 855-541-6683 For more information about Dr. Martin and her events you can find her at: https://www.enjoyyourlegacy.com/
How to Foreclose on a Land Tax Lien (1022) Transcript: Steven Butala: Steve and Jill here. JilL DeWit: Hi. Steven Butala: Welcome to The Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala- JilL DeWit: And I'm Jill DeWit, broadcasting from the beach in sunny Southern California. Steven Butala: Today, Jill and I talk about how to foreclose on a land tax lien. This background that we have and our little beach house here in this beach community out of Los Angeles couldn't be more inappropriate for this topic. How to foreclose on a land tax lien is maybe like one of the most boring things we could possibly talk about, yet maybe one of the most profitable, and then the stuff going on behind is like all fun and games [crosstalk 00:00:37]- JilL DeWit: Hilarious. Steven Butala: And horsing around. Who cares about taxes? JilL DeWit: For those of you who do not see this on YouTube, you're just watching or just listening or Spotify or something like that, it might be worth checking out the YouTube channel just so you can get a little glimpse of what's going on behind us and I'll explain the bicycles and the yelling and the frisbees and the noise behind us. It's good. Steven Butala: If you foreclose on several tax liens this month, this is where you hang out. JilL DeWit: Oh, that's true. There you go. This can happen to you. Steven Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. JilL DeWit: Cody asked, "We have a property under contract to buy, but part of the heirs cannot be located by a closing attorney, and the other relatives do not know anyone from that side of the family." Well, that happens. Steven Butala: This is a very, very, very appropriate question for this topic today. JilL DeWit: Yes, this is good. Steven Butala: This is why, this story that Cody is telling, this is why that properties become in this tax situation that they're in, and this is why they're foreclosable. I'll get to that in a minute. JilL DeWit: "Is there a service or an investigator that you have used to track down heirs and see if anyone is still alive on record? Any help you can give would be greatly appreciated." This is in North Carolina. Steven Butala: Good. North Carolina is a very good tax lien foreclosure state, by the way. What Cody is asking is, "Look I've contact"... he's sent a letter out or offer out, it got accepted, it got signed, and the seller says, "I would love to sell you this piece of property, but you got to find the other people because they're on deed and I know they're alive." Cody hired somebody or he's asking if he can hire somebody to close the deal and to find the heirs and get everybody ready to sign. The answer is no... the answer is yes, you can absolutely hire somebody to find all these people. It's called skip tracing or private investigation, and here's the tools that most people use. Steven Butala: You can use a very glossed over service called Salesgenie, you can use LexisNexis, which is what most lawyers use to locate people to serve them, TransUnion, the credit score company, has a tremendous database on skip tracing. You need to find somebody. You can do it, but here's my real answer to this question. Why? Why wouldn't you just purchase... What you need to do is accomplish equitable title, which means you have an interest in the real estate and then you can go through a foreclosure action [crosstalk 00:03:17]- JilL DeWit: There you go, but then it's [crosstalk 00:03:17]-
How to Foreclose on a Land Tax Lien (1022) Transcript: Steven Butala: Steve and Jill here. JilL DeWit: Hi. Steven Butala: Welcome to The Land Academy Show, entertaining land investment talk. I'm Steven Jack Butala- JilL DeWit: And I'm Jill DeWit, broadcasting from the beach in sunny Southern California. Steven Butala: Today, Jill and I talk about how to foreclose on a land tax lien. This background that we have and our little beach house here in this beach community out of Los Angeles couldn't be more inappropriate for this topic. How to foreclose on a land tax lien is maybe like one of the most boring things we could possibly talk about, yet maybe one of the most profitable, and then the stuff going on behind is like all fun and games [crosstalk 00:00:37]- JilL DeWit: Hilarious. Steven Butala: And horsing around. Who cares about taxes? JilL DeWit: For those of you who do not see this on YouTube, you're just watching or just listening or Spotify or something like that, it might be worth checking out the YouTube channel just so you can get a little glimpse of what's going on behind us and I'll explain the bicycles and the yelling and the frisbees and the noise behind us. It's good. Steven Butala: If you foreclose on several tax liens this month, this is where you hang out. JilL DeWit: Oh, that's true. There you go. This can happen to you. Steven Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. JilL DeWit: Cody asked, "We have a property under contract to buy, but part of the heirs cannot be located by a closing attorney, and the other relatives do not know anyone from that side of the family." Well, that happens. Steven Butala: This is a very, very, very appropriate question for this topic today. JilL DeWit: Yes, this is good. Steven Butala: This is why, this story that Cody is telling, this is why that properties become in this tax situation that they're in, and this is why they're foreclosable. I'll get to that in a minute. JilL DeWit: "Is there a service or an investigator that you have used to track down heirs and see if anyone is still alive on record? Any help you can give would be greatly appreciated." This is in North Carolina. Steven Butala: Good. North Carolina is a very good tax lien foreclosure state, by the way. What Cody is asking is, "Look I've contact"... he's sent a letter out or offer out, it got accepted, it got signed, and the seller says, "I would love to sell you this piece of property, but you got to find the other people because they're on deed and I know they're alive." Cody hired somebody or he's asking if he can hire somebody to close the deal and to find the heirs and get everybody ready to sign. The answer is no... the answer is yes, you can absolutely hire somebody to find all these people. It's called skip tracing or private investigation, and here's the tools that most people use. Steven Butala: You can use a very glossed over service called Salesgenie, you can use LexisNexis, which is what most lawyers use to locate people to serve them, TransUnion, the credit score company, has a tremendous database on skip tracing. You need to find somebody. You can do it, but here's my real answer to this question. Why? Why wouldn't you just purchase... What you need to do is accomplish equitable title, which means you have an interest in the real estate and then you can go through a foreclosure action [crosstalk 00:03:17]- JilL DeWit: There you go, but then it's [crosstalk 00:03:17]-
You Are Not a Wholesaler - Daniel Chad Moore & Grant Kemp - How to Refinance and Foreclose to Manufacture Equity
In 2008 Americans experienced the worst financial crisis since the Great Depression of the 1930s. The drop in real estate prices caused tremendous turmoil and had far reaching impacts worldwide. Banking and insurance institutions closed down; the largest mortgage lender and the largest savings and loan companies crumbled; and the auto industry giants had to be bailed out by the Federal Government. Hundreds of thousands of people lost their jobs and, in some cases, some lost their entire life’s savings. The economical outlook was bleak! It was no different for community associations. Many owners could no longer afford to live in their homes and stopped paying their maintenance fees. Associations’ receivables reached an all-time high and the number of foreclosures in South Florida went through the roof. Times were tough! However, associations with a strong collection policy were able to recover. The financial crisis of 2008 caused us all to evaluate our economical situations and in some cases we had to wait for the local and federal governments to step in and make a difference. Today – life is very different. Unemployment is at its lowest and home prices have climbed back up. Associations are enjoying low receivables and most do not have a collection problem. However, that does not mean that one many not be looming and Associations need to be prepared. Board members must be aware of the collection process and ensure that their association has a good collection policy in place. In this episode of Community Association Matters we speak with Jason Martell with The Law Firm of Martell & Ozim, PA about the steps taken in the collection process for association assessments. Jason recommends that the association send a past due balance letter within 15 days after the payment due date. If the owner does not pay, the association should then submit the account to their attorney for collection. According to Jason Florida Statutes require that two (2) letters must be sent: first, a Notice of Intent to Lien letter; and then a Notice of Intent to Foreclose letter. In a condominium association the Notice of Intent to Lien provides the owner with 30 days to satisfy the delinquency before a lien is recorded. For a homeowner association the Notice of Intent to Lien must provide the owner with a 45-day notice. If after the appropriate time has lapsed and the owner has not submitted payment or made payment arrangement with the association, then a Notice of Intent to Foreclose Demand Letter is sent to the owner and a claim of lien is filed against the property. The homeowner can then contest the lien informally by simply reaching out to the attorney’s office or they can do it formally by submitting and recording a Notice of Contest of Lien in the public records. The association then has 90 days to file its lien foreclosure lawsuit. If the matter has not been resolved at this stage then Jason recommends that the association proceed by foreclosing the lien. Before a foreclosure is filed, Jason’s office takes into consideration whether there is an active bank foreclosure against the owner or if the owner has filed for bankruptcy. Once it is determined that foreclosure is the best option for the association, the lawsuit is then filed. The lawsuit must name the following parties: all title owners, unknown tenants, and all inferior lien holders. All parties named on the suit must be served. If the unit has a tenant the association is entitled to collect the rent from the tenant until the account is brought current. If one of the parties cannot be served through individual service or through substitute service, some additional steps must be taken by the attorney to serve via publication. Once the parties have been served, a party in a lawsuit has 20 days to file a response. If no response is filed the attorney can then proceed to file a default against that individual. The attorney can then ask for a Motion for Summary Judgement where they ask the courts to enter a judgement in favor of the association. Once the courts enters that judgment, they will issue a sale date. The property is then sold at auction. A third party can purchase the property at the foreclosure auction. In this scenario the third party winner is likely responsible for all monies owed to the association. According to Jason, if the association is the winning bidder then it should obtain a writ of possession to gain physical access to the property. He also recommends that the association acquire basic liability insurance and change the locks. The association can then rent or sell the property. Jason clarified that the association is not required to pay for the mortgage nor the property taxes. If everything goes well the association should recover all of its dues. For associations that wish to speak with Jason to see how his firm can help them establish a collection policy and collect past due assessments, they may contact him at 407-377-0890 or via email at jmartell@martellandozim.com. Don’t miss this episode of Community Association Matters. You can click here to listen in to this podcast. Don’t forget to subscribe to the podcast so that you don’t miss future episodes!
They say you should never meet your heroes. They’re wrong. I recently had the huge honour of spending almost an hour in conversation with Robert MacFarlane, author of 9 books including ‘Mountains of the Mind’, ‘The Old Ways’, ‘Landmarks’ and, most recently, ‘The Lost Words’. I have admired Robert’s work for many years, in particular his reflections on imagination and his determination to keep alive, in our minds and our culture, a whole library of words which help us better articulate our place in, and relationship with, the natural world. As well as being a writer, Robert teaches at Cambridge about language and landscape. As he told me, “the convergences of those two things, along with social justice and environmental justice, are the things I’ve written most about”.
Foreclose client testimonial
Washington DC Attorney Brent Tantillo joins Neil Garfield, Charles Marshall and investigator Bill Paatalo to discuss Mortgage Resolution Servicing v JPMorgan Chase and a related False Claims Act case. For a copy of this case: RICO Complaint – Chase JPMorgan Chase was accused of creating a “racketeering enterprise” fort the purpose of evading its legal duties owed to borrowers, regulators and Plaintiffs, among others, to appropriately service federally regulated mortgage loans. Tantillo argued that JPMorgan Chase could not provide the necessary documentation to the Plaintiff's regarding the loans they purchased, while borrowers whose loans were sold to JPMorgan Chase could not obtain proof regarding the ownership of their loans. Loans sold without proper documentation (notes, reconveyances and assignments) are void, not voidable. JPMorgan Chase foreclosed on “loans” with no legitimate documentation by hiring Nationwide Title Clearing to create false title and paperwork necessary to foreclose. To avoid costly and time consuming legal obligations it faced under the Acts, JPMorgan Chase warehoused loans in a database of charged-off loans known as RCV1 and intentionally and recklessly sold these liabilities to unaware buyers. Please Contact: Attorney Brent Tantillo Tantillo Law PLLC District of Columbia (786) 506-2991 btantillo@tantillolaw.com www.tantillolaw.com/staff/brent-tantillo
This may be the most complicated situation we have had on the show! Our guest funded a hospital deal, was forced to foreclose on the investors, realized that he still owned a piece of it, and lawsuits fly around on both sides of the city and our guest… This is a very entertaining interview! Best Ever Tweet: When you think a deal couldn't get any worse, think again. Rob Swanson Real Estate Background: – Owner of Freedom$oft; A successful real estate investing software – Has flipped houses in over 20 states for over 15 years – Currently writing a book called CASH IN, What To Do Before, During & After The Next Housing Market Crash – Based in Denver, Colorado – Say hi to him at Want an inbox full of online leads? Get a FREE strategy session with Dan Barrett who is the only certified Google partner that exclusively works with real estate investors like us. Go to strategy to schedule the appointment. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: Subscribe in and so you don’t miss an episode!
- Dr. Richard Green, Director of USC's Lusk Center for Real Estate - Please call 1-800-388-9700 for a free review of your financial portfolio
This message is from May 6, 2012
We covered and broke down a story in the news about a homeowner foreclosing an a bank (B of A).