Total Members: 158,197

andym

  • andym replied to the topic Best method for Asset protection in the forum Legal & Accounting 7 years, 10 months ago

    Thanks Terry, Dom may well be using a scare tactic here but she stated that banks can use the all monies clause in every mortgage to take what is not theirs. Eg 800k house 400k mortgage, 200k still owed – she stated that the bank can send an employee to London for investigations and charge to the recovery, in fact just add a who heap of expenses…[Read more]

  • andym replied to the topic Best method for Asset protection in the forum Legal & Accounting 7 years, 10 months ago

    Hi Terry, Was reading your comments on Dominique Grubisa’s scheme yesterday. Her/My fear is the all moneys clause. She asserts that a bank uses this in bankruptcy to extract all available assets in the property. Her caveat is purported to safeguard the asset value in excess of the mortgage.- without incurring stamp duty to transfer property to…[Read more]

  • andym became a registered member 7 years, 10 months ago

andym

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,197

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!