Motivated Sellers******** - Posted by Tommy

import · February 16, 2005, 6:55am

Posted by eric on February 16, 2005 at 09:34:08:

Not sure what you are talking about here. Generally, lis pendens can only be recorded when a law suit is filed that affects title to property. It is a mechanism by which to provide record notice that there is a dispute over a piece of property. A creditor cannot run out and record a lis pendens just because payments are late. There are other remedies for that such as jugement liens and forclosure.

import · February 16, 2005, 6:55am

Posted by Tommy on February 16, 2005 at 07:55:33:

I’ve been chasing lis pendens like everyone else. Is there anyway of finding out if some one is late on payments before a lis pendens is issued? in order to lighten to competion?

thanks TOmmy

import · April 6, 2005, 10:14am

Re: Motivated Sellers******** - Posted by Nancy

Posted by Nancy on April 06, 2005 at 10:14:45:

One way to get a little head start on this is to prepare “Facing Foreclosure? I can help” business cards and distribute them to mortgage lenders and brokers. Tell the broker, “I know you can’t divulge names to ME, but if someone comes in behind in their payments, please give them my card.” (Many folks go to mortgage brokers to try to refinance when they get into trouble. Of course, the brokers can’t/won’t help them at that point since they are terrible risks. But they could hand out our cards… )
Nancy

import · February 16, 2005, 9:13pm

Re: Motivated Sellers******** - Posted by Tom-FL

Posted by Tom-FL on February 16, 2005 at 22:13:15:

So, what would you do if you found out your bank was selling your private account information to any Joe with a few bucks, who could be an extortionist, identity thief, con artist, or who knows what?