InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Subject To in CA and Records Search Posted by Roman on October 16, 2003 at 1:22 PM Hi Ward and everyone out there! I have couple of questions and one request. I would really appreciate all your comments. 1. In California can we buy properties Subject To in pre-foreclosure and how to do it right to avoid "unconscionable advantage of a homeowner in foreclosure". I just came from Phoenix, AZ and they buy preforeclosures "Subject To existing financing staying in place" all the time, California Codes do not apply there. I know how they do it in AZ, I have their Subject To contracts and other docs, but now I am trying to figure out how would I do it here. Should I combine this technique with Equity Purchase Agreement if property has some equity or how the actual process would look here in CA? 2. Do you know of anything similar to County Records Research service in Sacramento County? I was looking for such tool forever. Do you know the way to efficiently find and research preforeclosures in Sacramento? Like I mentioned I just came from Phoenix and their Maricopa County is all on line, search is pretty much straight forward. But here in Sacramento it's much harder. Request: Ward, I would really appreciate if you can write an article on Records Research in CA, and how to identify opportunities, sort them out and follow up on them. Something similar to your article on "Completing an Equity Buyout in CA", something like short step-by-step plan. I know a lot of it, but sequence is very important for our efficiency. Follow Ups: What's good is bad...and what's bad is really good. Ward-CA- 5:30 PM, 10/16/03 (1) Re: What's good is bad...and what's bad is really good. Roman 11:44 AM, 10/17/03 (0) Re: Subject To in CA and Records Search mark 1:53 PM, 10/16/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hi Ward and everyone out there! : I have couple of questions and one request. : I would really appreciate all your comments. : 1. In California can we buy properties Subject To in pre-foreclosure and how to do it right to avoid "unconscionable advantage of a homeowner in foreclosure". I just came from Phoenix, AZ and they buy preforeclosures "Subject To existing financing staying in place" all the time, California Codes do not apply there. I know how they do it in AZ, I have their Subject To contracts and other docs, but now I am trying to figure out how would I do it here. Should I combine this technique with Equity Purchase Agreement if property has some equity or how the actual process would look here in CA? : 2. Do you know of anything similar to County Records Research service in Sacramento County? I was looking for such tool forever. Do you know the way to efficiently find and research preforeclosures in Sacramento? Like I mentioned I just came from Phoenix and their Maricopa County is all on line, search is pretty much straight forward. But here in Sacramento it's much harder. : Request: Ward, I would really appreciate if you can write an article on Records Research in CA, and how to identify opportunities, sort them out and follow up on them. Something similar to your article on "Completing an Equity Buyout in CA", something like short step-by-step plan. I know a lot of it, but sequence is very important for our efficiency. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455