|
| |
Golf Course & Waterfront Living: Live, Play, Relax
With today’s planned lifestyle communities, golf and boating enthusiasts have an opportunity to purchase the home of their dreams just a chip shot away from the green or stone’s throw from the marina. In addition to an ideal home setting, golf and ...
Protection Against People With Evil Intentions Towards You
Imagine having a new colleague who seems so nice that you feel suspicious about her motives. To be on the safe side, you decided to test her by inviting her to your house for tea. She started sneezing the moment she entered your house. Before tea, she ...
Secrets of the Screw
I often see friends and fellow home-improvers using screws in their DIY efforts, and it never ceases to amaze me how hard some of these people find it to make a simple screw do what it's designed for. lets take a look at why. Of the two basic types of ...
|
|
|
|
| |
First, you need to know the status of the liens on the property. You can’t just go in bidding and expect that you’ll come out owning the property - you need to know who has initiated the sale and what your state law is regarding junior and senior liens. Many houses don’t just have a single mortgage - they will have been used as security for multiple debts. A lot of would-be investors get burned this way - they buy a house for what they think is a good price, only to find out that there is still a large debt outstanding which they either have to pay or lose the house to yet another foreclosure sale. You’ll need to do a title search to find out whether there are any other loans, and you need to be familiar with state law on this subject.
Second, you should watch out for houses
which you know nothing about. Don’t just rush in bidding based on the listed information - that’s the biggest newcomer mistake. You need to know something about the property and it’s condition - remember, the current person living there has just lost their house. They often don’t think twice about damaging it, and their anger at the bank can result in financial losses for you.
|
|
|
|
|
|
 |
Alan Simpson is more wrong than ever on Social SecurityLos Angeles Timeswho has long been the go-to guy for obnoxiously know-nothing takes on Social Security, this week uncorked yet another spectacularly misinformed "factoid" about the program's history. In a letter to Max Richtman, a former Senate staffer who now heads ...and more » |
|
