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28 October 2018 | 10 replies
He withdraws his $100k cash from the bank account and walks away.
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31 October 2018 | 6 replies
This is only an issue if you work with larger banks and they sell off the debt to Fannie / Freddie.
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25 October 2018 | 1 reply
right now I just have my agent and my financial advisor at my bank, should I build a relationship with a lawyer before hand and find a house inspector as well ?
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25 October 2018 | 5 replies
**With that said, aside from the credit report and liens on the other property, the lender could also see the deposit/wire from the private money show up in your bank account (they will be asking for bank statements for your down payment and reserves) and if they see the deposit, they will ask where that money came from.
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25 October 2018 | 6 replies
Never, never lend your own money to someone you know with you as 2nd place with another bank.
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4 March 2021 | 3 replies
Melissa Decarlo @ Renesant Bank was fantastic, also Christi Knowles @ ERA King as our rental agent.
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25 October 2018 | 1 reply
The rent just gets automatically transferred from the tenant's bank account to yours each subsequent month.
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25 October 2018 | 3 replies
I suspect that we will all be waiting a lifetime to see rates back to were they were 2 to 4 years ago.. so I would not bank on that.. as for pricing.. if its a place to live then you certainly can just wait and see.. its not like your homeless or need to move other than you don't care for your neighbors.. markets always slow about now.. what will be telling in my mind is were we are at next Feb March April in the buying season as it were.I was in a conference this week here in Vegas and some of the speculation is that many of the commercial type loans that had 5 , 7 and 10 year calls are going to stress those that had max leverage.. as the rates rise the cap rates rise to keep pace thereby devaluing the properties.. to the point some of these investors are going to need to bring some to significant amount of fresh capital to pay down their debt to get a refi.. and that will stress those assets and there could be a real buying opp in that sector.. at least that's what I gleaned from the talk I listened to yesterday... hope you find that dream home in the country !!!
30 January 2019 | 9 replies
But my question is, will I get the bank loan/mortgage that I was preapproved for?
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26 October 2018 | 10 replies
if i decide to cash out refi, is this what the bank's appraiser will approx appraise it at?