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investment: Lis Penden defined - 06/04/07 10:30 PM
My next few posts will be entries to a glossary of useful real estate investor terms. Please feel free to add terms, comment on definitions, and/or give examples. As always I welcome constructive feedback. Lis penden: (1) Latin for "a suit pending." The term may refer to ANY pending lawsuit. (2) A written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office. This is interesting because not all lis pendens are relevant to preforeclosure
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investment: Great networking opportunity at the Metropolitan Real Estate Investors Association; MREIA - 05/22/07 10:59 AM
I don't know what else to say except my expectations were met and then they were exceeded. There must have been well over 300 people in attendance!!! Everyone I met was incredibly nice, friendly, and easy to talk to. This is truly one of New Jersey best kept secrets. I must have spoken to at least 50 people all of which were involved in real estate from a variety of prospectives ie, agents, mortgage brokers, investors, rehabbers, contractors, instructors, etc. From the moment I arrived at 6:15 till the moment I left at 10:15 I was engaged in positive conversation about real
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