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11 October 2007 | 8 replies
but this is a long term for me and my wife, and my wife is against the flipping thing anyways for our own deals..which keeps me grounded and focused when the eagerly part of me say emmmm..what if ...I am in kansas, which as you all know is a steady market... appreciaction is 3% on average on house like that...5% in a very good year... but I feel is a fair deal ..since I am paying $54,720 + 2% concessions from seller and with 2 to 3K in repair expenses a minimum fair market value would be $65....could really be listed for $69K and sold quickly.I guess the only thing that bothers me. is the Cash on Cash calculation and RoR...I was given the impression from a lender that I could get a 100% loan a couple of weeks ago.... which turned to be b.s. as you all know for investment property this a thing of the past (maybe couple a month ago was available)....
25 June 2008 | 32 replies
But, I don't think its fair to say that subject to or a double close is in itself fraud.As far as equity purchase and foreclosure consultant laws, I believe those vary a lot from state to state.
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16 October 2007 | 7 replies
It should be fairly easy to get one but I’ve never done a L/O.I can provide a referral to an attorney if you need one. 8)
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16 October 2007 | 5 replies
I think that's a fairly unusual way for banks to unload properties.
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18 October 2007 | 3 replies
The attic is semi completed, just needs heat to be a 4th) Location is fair....not a bda neighborhood, just on a high traffic street, and has a 3 car garage which 2 spots are deeded to the house.
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13 April 2019 | 12 replies
, you will give them ammunition for a fair housing claim, or you will have them begging for "one more chance" etc.
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22 October 2007 | 3 replies
Hi Kelly, Good luck on that rehab project and yes, i am also fairly new to this, feel free to ask any questions to me or moreexperienced members.
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9 November 2007 | 22 replies
Consider checking on ones that you know have already sat longer than this one since it was a fairly new listing.
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21 October 2007 | 0 replies
Since just about every seller is completely unfamiliar with real estate, and their agent isn't really offering them any advice save lowering the sale price and having lots of open houses with pies baking in the oven (not a terrible idea in and of itself- just not helpful by itself in this market) it's up to YOU to help.What kind of response to you think you could get if you ran a simple ad that read: Sell Your House As-Is for a Fair Price on the Date of Your Choice?
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28 October 2007 | 8 replies
If you're short by a fairly small amount, can you borrow or otherwise get the money to make it up?