Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
N/A N/A Assigning a Short Sale
7 January 2008 | 19 replies
WH.....this is good, but again i am thinking on a couple things here, only wanting to make things flow as simply as possible with little to no gliches at the end of the transaction....i'll try to explain what i mean and maybe i'm speaking for many out there that are making some attempt to find success in this endeavor....in regard only to a short sale transaction the following occurs:property owner (let's call this person the "seller") allows for an individual (let's call this person the "buyer") to "purchase" the property merely for the sake of the "buyer" moving forward to deal with the loss mit people at the lender.as time moves along, this "buyer" gets written confirmation of the lender accepting the "price" offered via the customery HUD-1.now let's say for illustration purposes the "approved" price the lender has agreed to is $250000, the value of the property seems to be in the neighborhood of $350000 and the "buyer" wants to "double escrow" this bad boy for $300000 (generating a clean $50K profit)......in this illustration/scenario the question remains: "what is the cleanest, simplist" way to accomplish this?
Anthony L. Help!
12 September 2007 | 5 replies
Many communities will have organizations that exist to support you in your new endeavor.
N/A N/A Unchartered waters for me.
13 September 2007 | 3 replies
Looking at taking a profitable hobby to more of a wealth creation / full time endeavor.
N/A N/A New in town- Austin texas
18 September 2007 | 4 replies
(As I told him), I take my hat off to you and wish you God's best on all your endeavors.
N/A N/A Hi guys!
10 October 2007 | 8 replies
Good luck on your real estate endeavors.
Jay Hova Hello from Syracuse, NY
28 September 2007 | 11 replies
Good luck on your future endeavors.
Tom Broughton Hello from Houston Texas
18 October 2007 | 8 replies
I look forward to hearing about your future endeavors.
Stephen Leblanc hello from nova scotia canada
17 October 2007 | 10 replies
A Corporate umbrella is probably a good idea for that type of endeavor.
Christopher McGuire Thanks guys!
1 November 2007 | 4 replies
Congrats to you and all future endeavors.
Glen Fitzmaurice Found my first flip
14 November 2007 | 11 replies
I would love to hear how everything goes.May God be with you in all of your endeavors.