Philip Mullinax
Purchasing a Property with an Eviction in Process
10 December 2017 | 22 replies
Your attorney will be able to advise on the risk of this and how both you and the vendor would need to proceed to ensure the eviction is not fumbled.In your position, the easiest thing would be to post-pone Close until the eviction is complete.
Bryan Miller
Borrower about to loose house - Creative Financing Ideas Needed
4 December 2017 | 45 replies
its too late in the process to call the lender and beg.... you need a bona fide sale agreement or letter from a for real lender and they may postpone. in CA once your 5 days from the sale the bank does not HAVE to do anything by law except a FULL payoff you cant just bring it current.. that is the banks choice of course.. were up here ion Oregon and Washington we would bring them current at 8am the day of the sale when the sale was scheduled for 11am..
Nathaniel McKimson
22 and almost ready to buy
27 March 2018 | 12 replies
Now, maybe that means you postpone investing for a couple of years (or less).
Kevin Ely
Home owner waited until 7 days prior to auction date to call me
3 April 2018 | 8 replies
Depending on if any review is open with the servicer currently and history of the account, a postponement may still be possible.
Michael P.
Buying an auction property
11 April 2018 | 8 replies
They either get pulled the day of or postponed.
Michael Willis
Seller financing structure?
7 April 2018 | 0 replies
My pitch is that if it’s worth only 2m today but with the interest over X period of time I’m meeting them in the middle, defraying/postponing their taxes all the while acquiring the property at the right price is a win win for all....
Llewelyn A.
Unable to Deliver Marketable Title Return of Earnest Money
24 February 2018 | 20 replies
Yes, it's a large sum, but there was a previous all cash offer on the property and Kevin, while he is using a Mortgage, offered a higher Purchase Price and a higher amount for Earnest Money to be deposited on Contract.The Check for the Earnest Money on Contract was made out to the Seller's Attorney Mike as Escrowee, so I am assuming that the Earnest Money had to be deposited into the Escrow of the Seller's Attorney.Kevin then Applied for a Mortgage at a well known Bank.Title was completed and an Appraisal was ordered.Sometime around mid-June 2017, a few weeks later, the Seller's Step-Sister filed a Lien of Rescission to stop the Sale.When the Appraisal came back, the Lien of Rescission was discovered, the Mortgage Bank added the Lien as a condition to clear for closing.A Civil Case was filed against the Seller and the Case was suppose to take place around December 1st.Buyer's Attorney and Seller's Attorney agreed to postpone the original closing from 45 days after signing the Contract on June 13th to December 1st day, documented in email.The Case was then postponed to January 29th, 2018.Along the way, the Buyer's Attorney got sick and developed ALS.When January 29th, 2018 came, the Seller's Civil Case was again postponed to April 1st, 2018.The Mortgage Bank issued a statement that the Mortgage Contingency was no longer valid and has expired.Kevin then changed Attorneys.
Account Closed
Auction.com leading to foreclosure auction in Dallas, TX, advice?
27 February 2018 | 4 replies
They are either postponed or rescinded.Unless they have changed their process dramatically, Auction.com does not guarantee anything regarding liens, title, taxes, condition, etc.
Todd Olivas
Coming to Huntsville, AL - Let me buy you a beer!
18 March 2018 | 6 replies
We'll have to postpone that beer. :( I'm not coming to Huntsville, AL after all.
Daniel Carman
My 10 year journey to purchase my first 24 unit apartment complex
18 December 2018 | 20 replies
Due to postponed closing due to financing he also wanted 1/2 the cost covered by my.