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Watch..
Notes/Summary…
- 0:56 State of the industry update
- 15:40 Tim Glass Case Study – due diligence on a note he’s looking at buying
- 15:57 Uses of Executive Summary
- 21:30 O&E (Ownership & Encumbrance) Report review
- 22:20 Grantor vs Grantee (“ee”s always receive)
- 23:17 Quit Claim Deed review
- 26:38 Liens review
- 30:06 Review of assessed value
- 32:41 BPO review
- 37:12 netroline.com to verify county information
- 38:44 How to object to tax assessment values
- 42:35 More detailed review of what netronline.com is
- 44:49 Review of comps
- 53:10 Is it a good buy?
- 55:02 Hardest Hit Funds and other possible exit strategies
- 1:02:46 How a foreclosure sale works
- 1:05:09 Choosing an attorney to handle the foreclosure
- 1:06:35 An idea of what a foreclosure may cost in your area based on Fannie Mae’s fees
- 1:08:45 Review of Trulia stats
- 1:10:10 Next steps for purchasing this note and familiarizing yourself with the different servicing companies
- 1:12:57 Hiring a Skip Trace company to track down an owner who has abandoned property
- 1:19:16 Lisa Hakanson Case Study – foreclosed on a property and began cleaning it out and then the former owner broke in and insisted that work be stopped. What can she do?
Downloads…
- Download audio-only version: ( Right Click and Save as): 01.13.16 Audio
- Download materials: ( Right Click and Save as): 01.13.16 Call Docs