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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Not enough information.. Posted by Ward-CA- on January 18, 2004 at 6:08 PM In Reply to: safty ownership posted by sam kim on January 18, 2004 at 5:19 AM : Hi, I bought a house before the TS from the owner who gave me : grant deed and promise note. I gave a part of promise money. : I opened Escrow. I plan to sell this within 6 to 10 month later. What do I need to do more from the owner, Please teach me. =?=?=?=?=?=?=?=?=?=?= Sam, Here's your first lesson: 1. You don't indicate the state where the property is located. Since the foreclosure laws and procedures vary from state to state it's not possible to give you an accurate answer without knowing your locale. 2. Also let us know if the property owner is living in the property being foreclosed upon. 3. Finally, I don't understand why the seller is giving you both a deed and a promissory note. 4. Since you mentioned that you opened escrow, are you also getting title insurance? Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Hi, I bought a house before the TS from the owner who gave me : : grant deed and promise note. I gave a part of promise money. : : I opened Escrow. I plan to sell this within 6 to 10 month later. What do I need to do more from the owner, Please teach me. : =?=?=?=?=?=?=?=?=?=?= : Sam, : Here's your first lesson: : 1. You don't indicate the state where the property is located. Since the foreclosure laws and procedures vary from state to state it's not possible to give you an accurate answer without knowing your locale. : 2. Also let us know if the property owner is living in the property being foreclosed upon. : 3. Finally, I don't understand why the seller is giving you both a deed and a promissory note. : 4. Since you mentioned that you opened escrow, are you also getting title insurance? : : Hope this helps. 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

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