I haven’t done any sub2 yet but am preparing for it.
Here what I have got so far. Please add in…
I assume provided this property has equity if not do l/o. Make sure it’s not in pre-forclosure, NOD state etc.
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called bank and verifed
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notarized Warranty Deed - record this?
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Option to Purchase agreement Subject to - record or keep it yourself?
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Memorandum of Agreement - record?
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Letter of authorization to lender for notice
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Limited power of attorney - record this or keep it yourself?
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Bill of sale - Not sure about this item?
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Letter to insurance company to add me
(put all in LLC} -
Buy title insurance
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Maybe put it in trust?
What documents do we need to record at couty?
Any other things I have missed or assumed.