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- Audio – Thursday 2.23.17 Non-Performing Notes Webinar
- Syllabus – Thursday 2.23.17 Syllabus
- Call Documents – Thursday 2.23.17 Call Docs
Notes/Summary:
- 1:48 Dave Franecki Case Study – Defaulted hard money loan
- 3:09 Dave’s overview of the situation
- 6:13 Next steps
- 10:20 Kevin’s input
- 11:06 Hindsight
- 13:49 Michael Rogers Case Study – How to get a Homestead Exemption without recording a land contract
- 15:42 Does recording the land contract make it more of a judicial process?
- 18:07 Reference document on state regulations regarding land contracts
- 22:24 Affidavit of equitable interest
- 24:03 Why did the servicer have the land contract?
- 25:42 Kevin Moen Case Study – Partial has stopped paying
- 29:12 Clarification on the use of IRA funds
- 31:11 These payment issues need to be clarified up front
- 33:32 Review of partial documents and ways to work this out
- 35:59 50/50 model as an exit strategy and review of the RentFax report
- 38:14 Questions on Hardest Hit Funds and the RentFax RISC score
- 42:48 Selling a partial on an unrecorded land contract
- 43:49 Upcoming articles by Kevin on FHA foreclosures
- 49:55 Announcements: 2017 Titanium Office Visit Dates, 2017 Summer Summit Dates