Learn how to buy houses by agreeing to make payments on the seller's existing mortgage with this checklist and audio program.

This audio program includes the following:

• Quick introduction to subject to
• Setting up a record keeping system
• Ordering title commitment or E&O
• Checking tax lien status
• Ensure that property taxes are paid and current
• Obtaining permission to talk to lender
• Verifying mortgage information told to you by the seller
• The Paperwork
1. Purchase Contract
2. Warranty Deed - get notarized
3. Seller's Acknowledgement
4. Lien Affidavit from seller
5. Bill of Sale for personal property if not part of purchase agreement
6. Escrow Payout Letter
7. Insurance Company Notification
8. Mortgage Company Notification
9. Limited Power of Attorney - get notarized
10. Authorization To Release
11. Seller's Property Information Disclosure
12. Lead-based Paint Disclosure - properties prior to 1978
• Obtaining access to the property
• Marketing the property prior to taking ownership
• Binding an insurance policy
• Reviewing title commitment or E&O
• Get a professional home inspection
• Transfer utilities and preventing utility liens
• Taking care of a water softener if there is one
• Get all documents signed
• Recording deed
• Should I file an Affidavit of Memorandum?
• Bringing the mortgage payments current
• Ensuring that the loan gets paid on time, every time
• Do any repairs on the property
• Get a tenant-buyer in and work on exit strategy

Details:

• Featuring Jassen Bowman and Sasha
• Running time: Approximately 59 minutes
• Includes access to members only password protected website with outline and supplemental information
• Product ID: TSC0065

Order: $59.00 plus S&H

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