Foreclosure Redemption Period: OK to Work with Sellers?

Hey there, Cam Dunlap here. So, I was recently asked this interesting question on my coaching hotline:

“Could you go through how working with the seller during their redemption period for both mortgage, lien, or tax foreclosure would work and what we need to be aware of?”

Sure thing!

First, know that every state is a little bit different. Some states don’t have redemption periods, at least with regard to foreclosures. And, there may be a redemption period for a tax sale in an area where there is no redemption period on a foreclosure. 

Before we dive into that question

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Property’s Under Contract — Can the Seller Still Take a Higher Offer?

Hey there, Cam Dunlap here with a question I got recently on my coaching hotline… a caller asked:

“When a property house is under contract with a seller, is it possible that the seller could sign another contract with someone else who maybe makes a higher offer? And, do you register your contract with the title company or how do you prevent yourself from that scenario?”

Well, the answer is: Yes, they could do that, but(!) yours predates it and, therefore, technically nullifies that second one. 

So, when you have the property under contract, you have it under control. Now

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Significant Increase In Housing Inventory Has Created A BIG Opportunity For Real Estate Investors

Tune in as Cam Dunlap, CEO of the Real Estate Wealth Network, takes a deep dive into a HUGE, time-sensitive opportunity for real estate investors.

The number of active listings in today’s market is drastically increasing and, in this video, we’ll take a look at the US cities with a significant increase in housing inventory year over year, why it’s happening and what it means to us as real estate investors.

Tune in below to learn how to take advantage of this huge opportunity for real estate investors.

P.S. You

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Why The “Due on Sale Clause” Might Be a Bigger Deal Now

Cam Dunlap here today to talk about the due on sale clause in real estate.

Recently, a great question from one of my Inner Circle clients came my way.

Barbara asked:

“If you do an assignment with seller financing on some kind of wrap-around, is the seller’s institutional lender willing to work with you and accept your payments or will they call the loan due?”

Good question!

The Due on Sale Clause: What is it?

So, in the case of a wrap-around where the underlying loan remains, you may or may not actually get the

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