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All Forum Posts by: Dillano Medina

Dillano Medina has started 5 posts and replied 5 times.

Post: Need help renegotiating

Dillano MedinaPosted
  • Posts 5
  • Votes 0

Hello everyone! Recently I got in co tact with a seller who wanted to sell his house for $95,000 with a realtor. After a few months he realized he couldn’t get what he wanted for the property so he took it off market. I was able to get in touch with him and he said he wanted to sell his property for $68K. When I met him At the property I noticed that the house needed some work but not too much. So we ended up getting the option to purchase for $60,000. I’m stuck now because we both signed the option to purchase agreement but when my contractor came in to look at the work and I know it’s going to need more to get it to 2019 standards.

What’s the best way to renegotiate with a seller if you’ve already came to an agreement without messing up the deal?

Hello everyone. I have a woman that wants to sell her home to

Me with an existing mortgage of about $30K and an ARV of about $70K. She wants to sell her home but she is distraught because she had a title issues with her home and the bank who holds the mortgage and when her husband died and she had a quick claim deed signed by the siblings of her husband. She originally hired a lawyer to represent her so that her bank could see that she is the rightful owner of the house but he ended up cheating her out of money by charging her money to pay the mortgage balance even tho she was paying the mortgage payments each month the whole time. He has important documents such as her birth certificate, her husbands birth certificate, his death certificate and other documents.

I wanted to know if this lawyer is legally bound to withhold these documents for her even tho he did not do much to get the bank to see that she is the rightful owner of the house. He is demanding that she pays $2000 to get her documents back which she does not have the money for.

I would love to help her in the situation but I am stuck on what to do in order to help her. She does not have much money and I would only be able to pay off her mortgage and give her $5000 cash to move which she doesn’t believe is enough.

I feel like if I could someway get those documents back for her she would be more open to taking the $5000 cash.

Does anyone know of lawyers are allowed to do that?

Post: Getting funding with no money

Dillano MedinaPosted
  • Posts 5
  • Votes 0

Trying to get funding for a deal when I have no money to put down for a hard money or private lender. What are some tips can you give to someone just starting out?

I a home listed on the market Im Richmond Virginia... we bought it over a year ago for $220,000, put about $60K worth of work and got the value to about $365,000. So far we have no bites on this property. Just wanted to get your advice on what other ways should I go about marketing for a new full renovated home?

Post: Forclosure homes from Courthouse

Dillano MedinaPosted
  • Posts 5
  • Votes 0

How do you go about obtaining a foreclosure list from your local courthouse?