I wasn't sure how to get what I wanted out of the higher-price-point California environment.This definitely shows that I need to read a lot more on Lonnie deals before attempting one.Thanks again - this advice potentially saved me from making a costly mistake.

In my experience, appraisers will almost always attempt to use non-distressed comps -- even if it means going out a bit further or a bit farther back in time -- before they start using distressed sales for comps.So, if you have at least a few non-distressed sales that can be used as comps, you shouldn't have to worry...Again, that's just my experience, and I can't speak for all appraisers...

This will occur sometimes due to the seller's agent attempting to get some offers. if the home is not really worth their current "firm price" then the market will show that by other offers coming in lower or no offers at all.With a lower list price, the selling agent can show the bank that the current market value is lower than the price they want.There are bno forumulas for pricepoints below ask prices, the ONLY number that matters is a price that makes you money.

Look how many people have attempted flipping houses because it looks so easy on these shows...although personal responsibility plays a factor here as well.

I had two mortgages with Countrywide.

2 with Bank of America

2 with a local bank

(All loans Current & escrowed)

Bank of America takes over the 2 countrywide loans and asks me for the 2 payments I am behind th...

Travis,Congrats for attempting to be innovative.

Also, if they have you appear in front of a board to determine a fine, it will likely help your case if you can show that you have since moved everything and have made your best attempts to comply with the HOAs demands throughout the process.

They could and have before determined it was a deliberate attempt to deceive due to contribution limits (putting in 100k instead if the max 5k).

I am surprised you are chasing it.You should sack your FB attempts and go with standard google search engine type advertising.For one very good reason, the ads result from people actually SEARCHING on your terms, not a general ad that may annoy everyone.

I don't think the law is completely settled but I have seen attempts by second position holders try to make failure to subordinate arguments against modified mortgages which were subsequently recorded after their lien.