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4 contributions to Curative Investor
R.M Short Sale???
This is more of an angled question.. but I am currently talking to one of the heirs in Florida who was named executor. She has opened up 3 probates and have an ongoing lis pendens from a reverse mortgage note. I believe the principal, interest, and other fees combined totals up to 399k for thr payoff.. but the property burnt down and it is just a lot now. Is it possible to do a short sale on this lot? I have no idea how short sales work lol
PETITO
A JV deal I am currently working on. I made contact and felt like it was a good conversation. For the operators here what would be the biggest red flag for you here? Here for inputs and insights! Thank you. šŸ  PROPERTY - Asset Class: Duplex (multi-family residential) - Address: [Florida] - AS-IS Value: Not confirmed — one unit had a confirmed structure fire at the rear of the property; condition likely impacted - Property taxes are current, no delinquency šŸ’° EQUITY - No mortgages or liens mentioned - Property appears free and clear of financial encumbrances - Life Tenant manages the property, collects rent, uses proceeds to cover expenses and support an elderly sibling - No documented paperwork on the deceased co-owner's estate interest — his share is informally acknowledged but legally unresolved šŸ“‹ TITLE - Current vesting (per county appraiser): - [Uncle] – Life Tenant - [Uncle's Wife] – Life Tenant - [Daughter 1], [Daughter 2], [Daughter 3] – Remaindermen (Life Tenants' children) - [Deceased Father's Estate] – Listed on title; estate interest unresolved - Life Estate deed executed approximately 7 years after the co-owner's passing - No probate or estate documentation has been filed for the deceased co-owner's interest šŸ‘„ INTERESTED PARTIES - [Uncle] (Life Tenant, ~88 yrs old) – Out-of-state; current property manager; not motivated to act - [Uncle's Wife] (Life Tenant) – Listed on title - [3 Daughters] – Remaindermen; will inherit the uncle's half upon life tenants' passing - [Contact / Son 1] – Out-of-state; open to selling; believes he and his brother are owed 50% through their late father's estate - [Son 2 / Brother] – Out-of-state; more involved and detail-oriented; takes care of their incapacitated mother; previously pushed for a trust — key decision-maker - [Mother] – In a nursing home; under plenary guardianship of her sons; mentally incapacitated; her interest (if any) is legally frozen
0 likes • 14d
@Phillip Thai Appreciate you responding here! From my conversation it seems like the brothers are interested in moving forward with something especially when they say they wanted to take the proceeds and pay off any expenses, mainly their mother's hospital bills. That kind of signals to me they don't have the financing down and need some cash. Secondly, the plan was to have the brothers have 50% of the share, but the last deed I am seeing shows that they are not part of it. Couldn't access court dockets atm because it was down so I was unable to see any probate that was filed. But even then, if the family were pretty close they would have at least known there was a probate.
P.E.T.I.T.O
P.E.T.I.T.O Property: Single Family in Florida Equity: Ranges from 500-600k (Sniff test amount) Title: In name of deceased owner who passed away for more than 2 years to-date. Interested Parties: 4 heirs. Main heir is willing to rally all other siblings if there are no upfront costs on their end. Threats: Date: 4/12/2002 Lender: WA MUTUAL Loan Amt: $30,000 Loan Type: fixed‑rate, closed‑end, future‑advance mortgage loan Date: 7/15/2004 Lender: WA MUTUAL Loan Amt: $50,000 Loan Type: Stand-alone mortgage Date: 5/23/2008 Lender: JAMES B. NUTTER & CO Loan Amt: $510,000 Loan Type: Reverse Mortgage ReFi Searched for mortgages and deed of trust in the county recorder and clerk of court, but only found the 1st loan in the records. Decedent passed away 2 years ago and the property is only behind on 2025 year taxes, and I cannot find any judgment or lis pendens action from the R.M Lender nor any assignment of mortgage. I looked further into the Reverse Mortgage lender's name 'James B. Nutter & CO' and found this DOJ article: https://www.justice.gov/usao-dc/pr/james-b-nutter-company-pay-24m-allegedly-causing-false-claims-federal-mortgage-insurance If you've read the article, it's to my knowledge, when banks are falling apart or going out of business they'll usually sell the note by assigning it over to another loan servicer, but I haven't been able to find anything like that in the county recorder's and clerk of courts. The previous lender settled for $2.4m and they have completely STOPPED originating loans since 2022. With these pattern of facts would this be a RESOUNDING "O"PPORTUNITY??? lol Is there a possibility that the lender has forgotten about this loan during the whole debacle? Even though reverse mortgages are U.S backed loans could there be an opportunity to quiet the title? Thank you for your inputs!
1 like • 15d
@Phillip Thai Might be a buy and hold rental play because the note is still there. Not sure if there's even a way to extinguish a hud loan
Welcome To Curative Investor
Hey, it’s Phillip Thai, If you’re here, you’re probably an experienced investor who’s tired of grinding out wholesales, flips, and rentals for thinner and thinner spreads… and you’re ready to work fewer, better, curative deals. Same. That’s exactly why we (@Rob Lee and @Christina Sanchez) built this community. Our promise to you: everything in here comes from deals we’ve actually done, mistakes we’ve actually made, and processes we actually use in the real world. Where things are at right now You currently have access to the core foundations of the Curative Investor system: 1. Research -- How to find and evaluate tax‑delinquent and ā€œmessy titleā€ opportunities, so you’re not guessing which deals are worth your time. 2. Marketing -- Where to find leads in the TX market. 3. Sales -- What to say? How to say? What information to collect? Understanding family dynamics. As we go, I’ll keep adding trainings, deal breakdowns, and resources based on what you are running into in the field. What you have access to inside Skool Right now you can: - Go through the Start Here, Research, Marketing, and Sales courses in the Classroom - Join our live calls to get your questions answered in real time --> Live calls will start late Feb - Post deals, questions, and wins in the Community so we can help you move faster Use this space. The more you put in, the more you’ll get out. How to get started today (do this now) 1. Introduce yourself below using this format: 2. Comment on 2 other intros. Say what you resonate with or where you might be able to help. We’re building a network of sharp investors, not a group of spectators. 3. Start the ā€œResearchā€ course in the Classroom. Watch the first module today. Even if it’s late. Even if you’re busy. Momentum matters more than perfect timing.
Welcome To Curative Investor
2 likes • Mar 15
Hey there. Names Jay. Been wholesaling for 1 and half years and did a couple deals for dispo and acq, but never took a deal all the way from A-Z. But really starting to understand that solving problems that benefits the seller is key. And networking lol
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Jay Pak
2
9points to level up
@jay-pak-4731
Here to learn!

Active 6h ago
Joined Mar 15, 2026
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