REO Property Preservation Forum
CLICK HERE AND JOIN OUR COMMUNITY TODAY...IT'S FREE!

Go Back   REO Property Preservation Forum > Property Preservation Forum > General Property Discussion

Reply
 
Thread Tools Display Modes
Old 06-22-2010, 08:55 AM   #1
csdowda
Guest
 
Posts: n/a
Default Further Education (Property Preservation)

My seminary professors drilled into my hard head the importance of asking questions and for now 1 answer produces two more additional questions. Having recently entered Prop. Pres. Industry, I am genuinely intrigued not only with the contracting work involved but with the processing of foreclosures in general. Can anyone suggest one or preferrably more resources that would offer helpful insights, explanations, information regarding the start to finish process of foreclosures? This would be greatly appreciated by one newbie of the business. Thanks in advance, Coleman

For example when technically does the "foreclosure" process begin and with whom? What specifically transpires on paper or computer systems between the banks (owners of remaining note) and what must precede the legal "beginning" in order to start the process? What might the bank do with the "file" (foreclosure) and why might it take longer or shorter to get it to the next step? What is the next step? Etc...????????? I am interested in finding the most detailed resource, so referrences would be greatly appreciated. Providing general answers will only provoke more questions. Is there even a resource like this out there? Or should I call my editor??? Kidding.
  Reply With Quote

Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. PreservationTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!
Old 06-22-2010, 09:45 PM   #2
Brickie
Guest
 
Posts: n/a
Default

The answers to all your questions can be found here:

PropertyPreservationAndInspections@yahoogroups.com

Like Contractor Talk, it's free to join
  Reply With Quote
Old 06-23-2010, 11:44 PM   #3
FremontREO
Guest
 
Posts: n/a
Default

Go pay your lawyer to educate you on the legal aspects of the foreclosure business. When you do this and pay for the advise you will find that most of the "information" that you will find on the internet or on the forums are totally incorrect. Each State is different and have different regulations. For a few $1000 you will learn a ton and then put that lawyer (if the lawtub gave you good advise) on retainer for the future help you will need.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Top of Page | View New Posts

All times are GMT -5. The time now is 11:50 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Copyright 2003-2014 Escalate Media. All Rights Reserved