John Grover
"subject to" buying options
18 January 2018 | 4 replies
Does anyone know if him moving the property to another entity (in any way) would give him potentially more leverage in obtaining a settlement or a modification from the bank?
Shara Carlton
Stuck Pre-foreclosure!! Please HEELLPPP!!!!
17 January 2018 | 8 replies
A few months ago when I was applying to a lender, I was able to get a "payoff statement" that doesn't show the status of the loan but the hml made it very hard to obtain and it has now expired so I am very hesitant to ask for another one.
Hen Ley
How avoid reporting sales price in MLS?
3 April 2023 | 28 replies
I live in a non-disclosure state, so the MLS is generally the only avenue people have to obtain sales price information.
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
29 April 2010 | 3 replies
An individual whose only role with respect to the application is physically handling a completed application form or transmitting a completed form to a lender on behalf of a prospective borrower does not take an application.Factual Scenarios – Examples of Not Taking an ApplicationWe seek HUD’s concurrence that the following activities when performed by a manufactured housing retailer or salesperson would not constitute “taking an application.â€Giving a home buyer access to a kiosk in order to complete an application on-line which goes directly to a funding source.Directing a home buyer to complete a paper application for financing.Assisting a home buyer with general questions regarding the completion of a loan application by clarifying what type of information is necessary for the application or otherwise explaining the qualifications or criteria necessary to obtain a loan product.1Suggesting that a home buyer may have incorrectly completed or neglected to complete parts of the application.Describing the steps that a home buyer would need to take to provide information to be used to determine whether the home buyer qualifies for a loan or otherwise explaining the loan application process.2Transcribing information from the home buyer and directing to funding sources.
Michael G.
Marketing for Wholesale Leads
24 January 2019 | 21 replies
Out of 10 calls or replies I send, on average I received 3 call backs or replies.I have obtained 9 cash buyers so far.I haven't tried bandit signs because my area is already saturated with them.
Tony K.
Just Starting in Texas
13 July 2010 | 8 replies
We're both ready to use our time to develop a niche in real estate investing and obtain more financial freedom and less job dependence for ourselves and our kids.
Billy W.
Graduated, landed a job, and looking to go full steam into real estate
16 August 2010 | 11 replies
is to obtain a real estate brokers license, and begin working part time in commercial real estate as a broker or leasing agent.
Sundar Krish
GOLD assets - can it be counted towards reserve requirement for a mortgage
23 May 2012 | 6 replies
Thanks Vic L. and Darryl Dahlen Vic - yes I am talking about gold jewels, not gold bars.But the more general question is ( forgive my ignorance about the gold world), isn't there a standard, (semi-)universal, legitimate appraisal certificate that can be obtained and used to show to these banks.
Aaron Kelley
Commercial Blanket Loan Questions
7 June 2012 | 5 replies
In another situation, two or more properties are pledged as collateral for a loan where a loan might not be viable or as a function of reducing the lender's risk or as a function obtaining more favorable terms for the borrower such as a higher loan amounts, cash out options and perhaps lower interest rate to name a few.
Ibrahim Hughes
Do All Lenders Require A Short Sale To Be Listed?
2 December 2012 | 16 replies
Do virtually all lenders require a property to be listed before they will entertain a short sale?