Beau Benjamin
Buying a property from a spouse & Short Sale
9 March 2015 | 12 replies
The purpose of a loan modification is to bring a loan contractually current and make the new payment in line w/ the new economic situation the owner is experiencing.
Jermaric Gray
Website
26 February 2021 | 17 replies
What purpose do you expect the website to serve?
David F.
Mortgage Cash Reserve Requirement
26 November 2016 | 2 replies
Let's assume for the purposes of the discussion that the existing rentals are very profitable, 100% occupied.
Logan Jones
Does anyone know anything about renatus program
4 July 2016 | 19 replies
Resources, support, education, relationships, a sense of purpose, the opportunity to make a difference, ... most of which you can't get from "the gurus".We have a saying around the office: come for the coffee, stay for the education.
Nicholas Jones
Having an appraiser evaluate a house we are buying in cash?
11 April 2016 | 26 replies
If you get the house appraised there is a statement included that the appraisal is only good for the purpose it was ordered for and can not be used for other purposes.
Brandon G.
The Big Short: What they left out
8 March 2016 | 33 replies
Well I was in the thick of it back in the day.. both as a HIGH volume real estate agent ( owned and office and had a team) and HML in the Deep south. so I think I can speak to this a little.For the CA borrowers it was all credit score driven... and just like today were you see posts I live in LA but need to invest other places.. lenders made those loans far to easy for folks who eventually lost the assets.. in the DEEP SOUTH and I mean Mississippi can't get any more deep south than that I was the largest hard money lender in the state for many years doing 300 plus loan in Jackson a year. for fix and flippers who sold not only to investors for rental purposes ( see above almost all out of state) to homeowners.. the issue that caused much of this is CRA never mentioned and most don't know what it is .. its the Community Reinvestment ACT that Clinton put in.. it basically forced banks if they wanted to work in certain areas they MUST provide loans for the citizens who live there...
Karl Johnson
Paying off Pre Foreclosure
15 March 2016 | 9 replies
@Karl Johnson I am not sure what the purpose would be.
Michael Bertsch
Lender reserve requirement
18 January 2016 | 3 replies
You might defeat the purpose as your DTI would be higher after borrowing your reserves.
Mia Gomez
Dilemma , please help
20 January 2016 | 13 replies
Perhaps getting good at photography and offering to take pictures of for sale property for advertising purposes (for a price).
Tammy Richards
Advice Needed! Tenant arrested for drug dealing
22 January 2016 | 10 replies
My assumption is your lease and/or state law allows you access for inspection purpose with appropriate notification.