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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Have you considered. . . Posted by Irwin(CA) on March 21, 2004 at 2:05 PM In Reply to: Is Partial Interest good idea in California? posted by whyK on March 20, 2004 at 11:30 PM whyK, Have you considered loaning the homeowner sufficient cash to reinstate the defaulted loan? That way you can foreclose if payments to you or the other loans aren't made. The loan would be made through a real estate broker and include a shared appreciation (or shared equity) provision and have a 3-5 year due date. It seems to me that this has all the benefits of your plan but avoids having to "partner" with the homeowner. Just thinking out loud. Irwin Follow Ups: Need to consider the strictures of anti-predatory loan rules... Ward-CA- 2:15 PM, 03/21/04 (4) Re: Need to consider the strictures of anti-predatory loan rules... Irwin(CA) 2:25 PM, 03/21/04 (3) Re: Need to consider the strictures of anti-predatory loan rules... jenv 2:17 AM, 03/23/04 (2) Re: Need to consider the strictures of anti-predatory loan rules... whyK 7:56 PM, 03/30/04 (1) Re: Need to consider the strictures of anti-predatory loan rules... jenv 11:52 PM, 03/30/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : whyK, : Have you considered loaning the homeowner sufficient cash to reinstate the defaulted loan? That way you can foreclose if payments to you or the other loans aren't made. : The loan would be made through a real estate broker and include a shared appreciation (or shared equity) provision and have a 3-5 year due date. : It seems to me that this has all the benefits of your plan but avoids having to "partner" with the homeowner. : Just thinking out loud. : Irwin 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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