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24 April 2008 | 1 reply
Chances are that this will not close until they put their stamp of approval.Brian
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25 June 2008 | 7 replies
A prospective Lease-to Purchase was lined up to occupy the home and cover the mortgage payments in many variations of this scheme a portion of the kick back money was supposed to "protect the Investor" some of the bolder operators actually marketed this a a second chance opportunity for the cash rich and credit poor (People with income that was "difficult" to document) The rapidly appreciating markets allowed for substantial "equity spreads" the source of the "kick back money." i.e the FMV is 100K the seller has 45K into the property and would be happy with netting 18K profit, the change goes to paying all the closing costs and a gratuity to the buyer.
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14 May 2008 | 21 replies
His estimate is 70K, that includes turning it into a 3 family and adding a coin op laundry room.
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28 April 2008 | 16 replies
What percentage, under the estimated value of the home, does the mortgage need to be to do these deals?
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25 April 2008 | 5 replies
Are you focused exclusively in any particular area of Tennessee, by chance?
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31 August 2009 | 41 replies
Is there a bankruptcy attorney that can help us out (or at least explain to us if we have any chance of getting our money back)and to protect our rights in bankruptcy court?
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23 June 2008 | 4 replies
this way you get the chance to save your credit, possibly keep the house, and get a chance to sell your house for what t is worth allowing you to keep most of the equity.
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12 June 2008 | 28 replies
In fact, my wife always asks me if I have my handgun before I leave the house.The fact is that in this business, we not only have the chance of meeting a criminal by accident in a vacant property, but we also meet criminals on a daily basis in the rental business (they are called applicants).
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3 May 2008 | 4 replies
(drum roll please)(Question 1) Do you think I have any chance at all of getting Countrywide to assume the loans to me, without having me qualify, and still get them to discount the mortgages?
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29 April 2008 | 9 replies
I understand that without proper meeting minutes a savvy lawyer has a better chance to pierce the corporate veil.