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7 August 2007 | 7 replies
I do have access to NOD, REO filings and currently have multiple offers in on REOs, and attempting my first short sale negotiations as well (wish me luck LOL).
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19 November 2007 | 24 replies
On average, for multiple properties, expenses (including vacancies) will end up around 50%.
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7 January 2008 | 19 replies
the challenge seems to be in finding an escrow/title company that will allow the "double escrow" to be done.....for example: there is an escrow open that is required by the lender once the "approval" from the lender is secured....then there needs to be another escrow opened between the "buyer" and the "end-buyer" on the same property....so, "end buyer" comes into escrow with the $300K plus closing costs, closes existing escrow on the property...then the title/escrow officer walks into the next room and applies the $250K plus closing costs to the original escrow to close that one.in theory and once in the past this was the way it was and still should be...but, now as it seems, most escrow/title companies are not wanting to do the "double" escrow for reasons of "full disclosure" to all parties, for fear of not being "sued" for some type of fraud.those of us not engaging in these tactics get penalized.....but, such is life....i have a title company that has stated they will do a "double" escrow but, will need to let the lender know this fact. not disclose the "amount" the "end-buyer" is paying, merely disclose there is a 'double" escrow in effect....well, obviously this should kill the deal right at the very end....so, not a wise direction to take....
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7 May 2009 | 8 replies
Hello,My company currently offers multiple options for people in foreclosure but does not offer the loan modification route.
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18 August 2007 | 3 replies
Do not pool or otherwise mix private money from multiple people.
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19 September 2007 | 5 replies
So the investor would get multiple bids from each subcontractor, pick the best based on all factors (price, reliability, professionalism et al.)
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29 February 2008 | 14 replies
orHave your broker write "outs" into each contract as a multiple offer contingency?
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7 September 2008 | 10 replies
I have a copy of the manual and have spent time with Ray on multiple occasions.
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24 August 2007 | 11 replies
Just my opinion....The lack of information on many of the posts and profiles of any forum can discourage others from engaging in any type of serious conversation.RE_Jokester_01 want's to know about a $100MM loan but doesn't provide his/her real name, an email, and at least a vague geographical location; how serious could they be?