Mark Updegraff
bought my first foreclosure yesterday, despite BP advice ;c}
5 August 2016 | 66 replies
He specifically said he heard of settlements being as low as $50.
Michael Muhammad
Whole selling
7 July 2016 | 2 replies
I’m looking for some instructions on whole selling information, I’m a novice and I’m attempting to find out how to do the contracting for the house; such as assignment contract and my contract.The bidding of the property, the settlement company, the earnest money deposit; if anyone can help me with this information I would be very appreciative.
Andrew Fredrickson
Asset Based Investment Mortgages Sub ~50K
14 April 2020 | 6 replies
And so far we've only tallied up TWO of the fees you see on any settlement paperwork... does anyone here want to volunteer the number of flat closing cost junk fees that typically appear when you buy a home?
Bradley S.
Help buying a note
14 August 2012 | 6 replies
(you can't seek a deficiency with a DILOF (Quit Claim) as the property is given as the satisfaction of the debt) Secondly, since this note has gone through an estate settlement then to a new holder, then sold to you a judge MAY look at the note as being rather a windfall and then purchased at a discount and consider surrounding issues to the extent that he sees that any deficiency judgment would not truly indemnify you of a financial loss, in other words, you didn't really lose any money.
Robin W.
Hoping to set things straight with rental properties
19 December 2016 | 8 replies
A parent split down payments with me after receiving an accident settlement at age 18 to co-own two multi-fam properties located in different states.
Antkizzy Lou
Renovations for free and clear investment property
21 October 2019 | 3 replies
The proof of purchase (settlement sheet from the purchase) provides that info.
Wes Burk
Why should a seller short sale?
8 March 2010 | 29 replies
Obtaining a Settlement in Full vs. a lien release only:All investors are different so I can only speak for the handful that we service for, but typically we will not settle an account in full from a SS unless we are netting at least 30% of our Unpaid balance (can go up from there depending on the case).
Gail Smith
Bank rejected offers,must step aside and sell to end buyer, how can I collect a fee for work done?
29 May 2010 | 13 replies
You can also use transactional funding to fund an A to B transaction and then double close the B to C transaction on the same day with the same settlement company.
Demetrius Bradley
Why should anyone use a Realtor
29 April 2010 | 49 replies
The Buyer(s) & Seller(s) nor their Agent(s) listed below have any agreements (written or implied) that will allow the Seller(s) to remain in their property as renters or to regain ownership of said property after the successful execution of this short sale transaction.†HUD/FHA/VA, Fannie Mae, Freddie Mac & FDIC are now carefully auditing short sale transactions going forward and are also looking at past closed short sale settlements that may have been considered non-arm's length transactions.
Minna Reid
Dumb question about carrying the second
6 June 2010 | 21 replies
The seller is credited on the settlement statement toward the sale price in the amount of the loan he is carrying back or making.