This e-book has been written to provide information about acquiring vacant and abandoned property by foreclosing. Every effort has been made to make this ebook as complete and accurate as possible. However, there may be mistakes in typography or content. Therefore, this ebook should be used as a guide - not as the ultimate source of Internet Marketing information. The purpose of this ebook is to educate. The author and the publisher does not warrant that the information contained in this e-book is fully complete and shall not be responsible for any errors or omissions. The author and publisher shall have neither liability nor responsibility to any person or entity with respect to any loss or damage caused or alleged to be caused directly or indirectly by this ebook.
Proverbs 3:5,6 - "Trust in the Lord with all your heart and lean not on your own understanding; in all your ways acknowledge Him, and He will make your paths straight." First, you find an Abandoned House. Then, clean the lawn and fix up the broken windows. Next, you send a bill to the last known owner of record. Now, you file a Claim of Lien in the County Recorders office to secure the property. Finally, you foreclose on your lien, and subsequently receive the default judgment on your claim, because no one is there to Challenge your Claim. The clerk of the Court issues the writ of possession and execution. You pay the Sheriff $100 and he executes the writ. Congratulations you just acquired a house!
After reading this book, you will know how to acquire vacant and/or abandoned homes, (including “Bank Owned” houses) using a relatively quick and efficient
method. That method, being the act of foreclosing on a lien in small claims court, and taking possession of the Warranty Deed (or real property) as collateral. This method is being presented, as opposed to the traditional way of foreclosing on a Mortgage Deeds, which is a process reserved for the Banks, and typically takes place in higher Courts. There are several caveats to foreclosing on a Mortgage which make it complex and not feasible for the average person. The process involves filing public notices, an extensive knowledge of the traditional foreclosure process, and you will be guaranteed to wait minimum of two to three months before a remote chance at remedy. You will also have to ward your claim against attorneys from the Bank named on the Mortgage deed who will use every tactic of which is legal and sometimes illegal to block and tie up your process. The Attorneys goal is to keep the case open as long as possible because his pockets are being funded. Unfortunately, your’s are not. Another unfortunate truth, is that corruption has deeply penetrated the Judicial System as it deals with Foreclosures and alleged Bank Owned Properties. The risks and financial feasibility of going this route (Traditional Foreclosure), does not provide for a practical solution. Contrary to foreclosing on a Mortgage, someone could foreclose on a their own established lien to gain possession to real-property, if one only knew such possibility exists.
Foreclosing on a lien to acquire real property offers a tremendous advantage as opposed to other approaches, whereas it can be done in small claims court, in as little as 6 to 8 weeks, without an attorney, and without a Banks involvement to oppose your actions. It is not common or expected that one could cleverly take possession of real property through small claims court, which works in your benefit to help bypass the financed corruption. There will be some instances where misinformed employees from the courts will wrongfully refuse to file your lien, which is a denial of due process, and a breach of their duties and obligations. If you run into this issue feel free to email us and we will gladly provide you with some ideas from our research and experience to help you enforce your right, or find an alternative solution to accomplishing our...