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by Mark Walters
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r the impound
funds was made payable to the two original sellers whose names
were on the loan. It looked like this...
Pay To The Order Of:
John J. Seller,
Paris W. Seller
c/o The Author's Investment Corp.
Was that trouble? No! Remember we had a separate Power of
Attorney for each of these individuals. We took the check and the
POAs to our bank. We explained the situation and here's what the
bank officer had us do...
On the back of the check, we signed the name of each seller.
After those signatures we wrote:
By_________________ (and signed our own name).
Then we signed our company name and again (By______) and then we
signed our own name and position in the company.
That was it! An easy way to pocket $1,357.00 that too many
investors leave on the table.
Now YOU will never walk away from that extra thousand or so dollars!
If you would like to learn more about buying "subject to" look here...
http://digbig.com/4cgpb
About the Author
About The Author: Mark Walters is an investor and author. You can find his
published material at http://www.CashFlowInstitute.com
http://cfiblog.blogspot.com/ |
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