There Is A Lien On The Property - Does One Subtract The Lien Amount Before Informing The Homeowner of What They Are Entitled To

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  Ohio sells tax liens to private individuals, which can later be foreclosed upon. When they are foreclosed upon any excess funds are recoverable as “overages” from the county treasurer which is the party who holds them. The excess funds one needs to ...

• A Second Lien Position HELOC Save A Little Money Over A First Lien Due to Interest Rates – Why Not Start Here

  First, the bank’s balance sheets see second-lien position loans as high risk and are exponentially more likely to issue a freeze or pay in full call on the loan. They have no guarantee of collateral rights (the home) and therefore they cannot ...

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  The minimum overage amount to go after depends on the market. If it is a new market, $10,000 is the minimum. But there are a lot of good leads that many skip ranging from $7,000 to $9,000. One can go lower ($5,000 to $7,000) if working on a volume ...

• Can One Quit-Claim Deed The Property After Foreclosure Proceedings

  No. Even though the loan was fraudulent and they never lent any money, one cannot transfer property into a trust after foreclosure. No equity = No standing. Once title transfers, the mortgage company has the title to the home and there is nothing ...

• Can One Transfer A Clouded Title / Property Into Trust

  Yes, the transfer can still occur via a Quitclaim Deed (sells home as-is). An unpaid mortgage clouds title, but can still be transferred into a trust; however, the loan must be repaid in full to sell the property to any entity who requires financing ...