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Kamis, 31 Januari 2008

Re: [CREI-Alliance] seeking advise on protecting my down payment

Segue'.
 
Can somebody give me the link again to the law  on debt forgiveness  on short sales recently signed by Pres. Bush.
Thanks.
 
Ernie
James Martin <jtmartin@redealsusa.com> wrote:
dont put your girl friend on the deed or title

--- CM Ross <Writer@copper.net> wrote:

> No, the best bet is to run, not walk to your nearest
> Law Library at a Law School or Bar Association. Find
> the laws and case summaries of cases like yours. Jot
> down the legal terms that you do not understand, and
> take them to the librarian. He will direct you to
> books that will explain them to you. It's not hard,
> just takes a few hours.
>
> It can save you thousands of dollars. How would I
> know? Because if I had done that instead of
> consulting lawyers, I would have saved myself a lot
> of time, money, and heartache.
>
> Most lawyers are in the habit of telling you what
> benefits them, not you. Once you demonstrate to them
> that you know the subject, they are less inclined to
> try and swindle you.
> Christine
> ----- Original Message -----
> From: Judy Moore
> To: CREI-Alliance@yahoogroups.com
> Sent: Wednesday, January 30, 2008 5:16 PM
> Subject: RE: [CREI-Alliance] seeking advise on
> protecting my down payment
>
>
>
> Best bet is to go see a lawyer. I don't know
> Arizona family law to know if they trace assets
> after they are co-mingled. In any event, at a
> minimum, create a contract between the two of you
> regarding the intent of this transaction.
>
> Judy
> Oregon
>
> Nancy SEWELL <nancysewell64@msn.com> wrote:
> Hi - you may want to talk to the title company -
> but, one idea might be to actually create a loan
> document that can be recorded as a second mortgage
> on the house. So, there would be a lien recorded in
> the event the house is sold or title changes. Just
> a thought...you're smart, you are! Definately get
> an agreement written out before you do anything -
> you need to protect your interest! One just never
> knows! Best of luck...Nancy
>
>
>
>
----------------------------------------------------------
> To: CREI-Alliance@yahoogroups.com
> From: fxstrider@yahoo.com
> Date: Tue, 29 Jan 2008 19:12:26 -0800
> Subject: [CREI-Alliance] seeking advise on
> protecting my down payment
>
>
> Hello folks.
>
> Any advice would be greatly appreciated
> regarding the kind of document I'll need to prepare
> to ensure my 50k down payment is best protected.
> My girlfriend and I will be buying a
> house together here shortly with my 50k cash down
> and her and I qualifying for the rest in a loan. My
> question is, if in the event there is a dissolution
> or we sell the house, that I receive back my 50k
> down payment. Next position, sort of speak.
> What's the best way to protect that if
> in the event of some future closing and have it be a
> smooth distribution at the title company. If there
> were a future sale of this house that I am to get my
> principal of 50k back.
> Thank you very much.
> Larry Stevens Phoenix,AZ
>
>
>
>
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> them fast with Yahoo! Search.
>
>
>
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> protection around
> http://mail.yahoo.com
>
>
>
>
>
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>
>
> No virus found in this incoming message.
> Checked by AVG Free Edition.
> Version: 7.5.516 / Virus Database: 269.19.16/1251
> - Release Date: 1/30/2008 9:29 AM
>


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