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30 July 2024 | 2 replies
And you must use all of the proceeds from the sale in your purchases.
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29 July 2024 | 3 replies
In judicial foreclosure states, like FL, the proceedings must be conducted through the courts with a judge making a final ruling.
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9 August 2024 | 184 replies
And they will tell their client you need to pay the broker out of your proceeds just like its been done the last 100 years.
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29 July 2024 | 2 replies
The thought is I will receive the proceeds from the sale when or if the property is sold.
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29 July 2024 | 6 replies
There is no cancellation of mtg filed, no sat filed, so how do you proceed with something like this?
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29 July 2024 | 2 replies
@Brenda FreemanI think seller finance can make sense when you can get an at or above market price; you don't need the proceeds; you want the monthly income; and delaying the proceeds will make sense from a tax perspective.If you are saying there's an existing mortgage you would have to pay off yourself, then I don't think that makes any sense - why would you want to invest your own cash to make this work?
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30 July 2024 | 6 replies
What I've gathered from speaking with the previous owners realtors, is that the husband and wife went through a divorce proceeding back around 2014, the husband agreeing to quit claim the property to the wife, in return for her within 1 year refinancing him off the loan.In a brief conversation with the husband, he seemed to confirm that the quit claim was signed, but by her, because he had given her POA on the house (for which there is public record filed regarding the POA).
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29 July 2024 | 5 replies
Perhaps they like to see a written 7-day notice (and perhaps with some type of evidence of “service” on the tenant) not work before you take the matter to court; tho, the following document also does not seem to care about the time or the manner of the initial demand (Notice): https://s3.amazonaws.com/cobbcounty.org.if-us-east-1/s3fs-public/2024-03/Proceeding-Against-Tenant-Holding-Over-Eviction-Form.pdf.
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29 July 2024 | 7 replies
Take steps to confirm the source independently before proceeding further.My best piece of advice would be to contact your lender instead of relying on callbacks from letters or unknown numbers, contact your current mortgage lender or a trusted VA-approved lender directly.
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30 July 2024 | 19 replies
All proceeds from the refi would go back to paying the HELOC.