Jon Marois
How should i buy a rental? thru my company, personally,or new LLC
27 January 2018 | 3 replies
A lender is not able to sue you for any deficiency judgement.
Brian R.
Contractor wants his money, but I don't want to pay... yet
14 May 2017 | 18 replies
It may have nothing to do with his workman ship. cost to remove the deficiency?
David Moore
Buyers Agents Have Worked Well
16 May 2015 | 12 replies
A 30 unit was a gut job and I spent 4 months negotiating that short sale, water lien, waiver of deficiency to make a paltry 6,000 because the sales price was 3k and change a door.
Stephen Gailey
Newbie Probate question
17 May 2014 | 2 replies
There are a number of ways title can be passed and defects or deficiencies can be cured.
Derek Helm
Short sales
27 February 2016 | 8 replies
Pros: Short sales allows the homeowner to avoid foreclosure, the legal process used by lenders to enforce payment of a mortgage debt.Lenders can obtain deficiency judgments after a short sale in some states.Cons:Short sales are usually anything but short.
Steven Jones
Is an inspection necessary before purchasing FSBO?
20 December 2017 | 9 replies
The agent was not pleased as the reported deficiences now become a disclosure issue.
Jared DeBettencourt
Getting a mortgage after a short sale
28 August 2017 | 3 replies
Are you in a deficiency state with a charged off balance that is (will be) due?
Jake Kucheck
Short Sale- Lender's Rights
29 October 2008 | 5 replies
You should get an agreement from the lender that the proceeds from the short sale are full and final payment for the loan, and that they will not pursue a deficiency judgment.
M F
Trying to buy CitiFinancial 2nd that was wiped by fc
12 March 2008 | 3 replies
One buyer I presented didn't happen because they wanted to be paid money on a certain $$ amount collected on deficiencies once buyer purchased these from them.
Robert Burns
Ist Apartment Deal
27 September 2012 | 3 replies
If 100% occupancy at 7,100 a month by 12 is 85,200 gross by at least half costs is 42,600 which at a 10 cap is a purchase price of 426,000 without any immediate CAPEX needed for repairs.The 50% is based on ongoing maintenance and not CAPEX which is immediate repairs that are deficient from the previous owner deferring maintenance to show a healthier cash flow than what is realistic or expected.