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Nesgroup address: misc.invest.real-estate - Date & Time for the message: / Author of the message: "Rick Hess" |
Title of the message: |
Re: Buying a home directly from the owner
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Text of the message: |
"Alan Sung" <al@sung.com> wrote in message news:pMmdnfnok8OJuBbfRVn-3g@comcast.com... > "The Space Boss" <drsmith666@aol.com> wrote in message > news:1116396892.158990.26930@g44g2000cwa.googlegroups.com... > > When you buy a home directly from the owner, I assume that many times > > when you are making payments to him, he is paying down the mortgage > > that he still owes on the property, is this correct? What happens if > > you give the owner a down payment, and make montly payments to him, and > > he defaults on his mortgage? Then what? What can you do to protect > > against this? And how do you get title insurance on a deal like this, > > especially if the seller places an ad saying "NO Agents"? I have bought > > some properties, but always with my agent and he makes everything nice > > and easy and does all the work, so I have had no worries. > > This is incorrect. Once you buy a piece of property from the owner, they are |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.