Recent content by Barrz

I might also add that if all properties are owned by the same person and all going to the same LLC, we would use one deed to transfer ownership allthough the leagal discription would be long.

Quit Claim is just that, you are quiting any interest you have in the property, it is not a insterment to transfer title. Not sure if you have what we would use here in Oregon, but here were would use a bargin and sale deed, and put $1 or write in transfering vesting.

If your agent will not stop the listing, instruct them to only do drive by's and not to go inside the home untill you are present. Do it in writing.

Is it set up in a collection escrow? The instrument you signed is stating you cant do that. The seller may have a loan against the property but would need to be paid off before yours does or it could be set up as a flow thru where your payment pays his. Very common in the trust deed world.

I heard of this same thing going on in Colorado, people were signing a deed in lue of forclosure and recording it shortly before buying a new home.

If you are going to sign escrow papers, what is in them? I would think that would put you on deed, i wouldnt worry about not being on the loan.

Em Once again i am in Oregon. This has come up a few time lately where a realator will call and say i dont have a valid offer because there isnt any EM. As we debate they lead to saying there has to be concideration to be a valid contract. Then try to make me beleive it is the law. So i am...

In a standard real estate offer, either SN or some board of realator.

Oregon, want to know if there is a law there must be earnest money with a offer. Many agents confuss EM with consideration. They say must have concideration to make the contract leagal. Guess they didnt pay attention in school. Titile company say they dont care if there is or not have gotten...