All Forum Posts by: James Ward

BofA is NOT easy to deal with.

As for the Old School Title situation, I would really like to hear from someone that has used the service. Not to bad, you get 25% for turning over a lead.

Matt,

The wife is probable on the Deed. As for having her fill out any Short Sale info, it really depends on the Lender. Some Lenders want to see ALL income in the entire Household. While some just require the info from the person on the mortgage.

Have her fill out all info, so you donot waste time and have to return if the Lender ends up wanting her info also.

As for Curt's complaint, many people complain about Short Sales. But no one is forced into Short Sales, so if you don't like them, don't do them.

I will give out Lender names. Anyone else?

Matt,

Indy Mac (One West) is a difficult Lender to Negotiate with. If you are just submitting a Short Sale were no actual Negotiations are required, then they are not bad. But, if you actually plan to Negotiate, be very prepared to justify the offer with lots of documents and be prepared for it to take time. They do move kind of slow, IMO.

Gabriel,

First off, Welcome to BP! This is the best place to learn!

As for Sub-2, talk to Nick J. (Motiv8td) on here. He knows lots about Sub-2's, and he is willing to explain.

Have fun and good luck.

Originally posted by smitnlit:

Wouldn't it be lovely if Realtors and investors could just work hand in hand peacefully!!! ??? A good "investor friendly" Realtor is worth their weight in gold.

I imagine a bunch of Hippies holding hands and singing songs. And about being worth their weight in gold. Well, then I need to find not only a great Realtor, but a really obese one at that! :lol:

Bill,

My first, of many questions would be:

1) Why presently do so many Realtors engage in Interpreting Contracts?

If you can get me a logical answer, I will be more than happy to supply more. Actually, I do not think my questions would ever end.

Looking forward to getting an answer.

This is GREAT!!!!!

I would love to know how many went out and actually purchased some to put on the shelf.

Rich is right. Our future generations might not know how to actually write a letter.

Rich,

Let us know how things turn out. I would be very interested in knowing what transpires.

Rich,

I have heard the same itms as J. Scott. I know of one group that "chased" several properties at an auction, but never actually purchased anything.

Hope it works out better for you!