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18 November 2017 | 3 replies
Freddie Mac Single-Family Seller/Servicer Guide Chapter 4501 As of 11/15/17 Page 4501-7 The Borrower may have an ownership interest in a residential property other than the Mortgaged Premises if the Borrower does not occupy the property, and the Seller documents the following in the Mortgage file: The Borrower inherited their ownership interest in the property and shares ownership with another party, or The Borrower owns the property with another party and the debt associated with the property was assigned to the other party by a court order (e.g., a divorce decree), or The Borrower is a cosigner/guarantor on the related Mortgage debt and someone other than the Borrower has made payments on the debt associated with the property for the most recent 12 months, as documented with copies of canceled checks or a statement from the lender See Section 5401.2(b)(i) for requirements for excluding liabilities, including Mortgage debt, from the monthly debt payment-to-income ratio.Well - this is my third property that I am acquiring.
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18 November 2017 | 0 replies
Love to hear your thoughts on why or why not I should use this service.
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18 November 2017 | 0 replies
I'm looking for an excellent property manager and property inspector that services Floresville, TX.
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28 November 2017 | 4 replies
Our title company does not close any of our deals until they receive the "special assessment" reports which will outline any fees charged by DNS(dept. of neighborhood services) for code violation non-compliance, special work done around the property etc....
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20 November 2017 | 11 replies
I refuse paying cash now at all, if they cannot not take my check for their services, I do not need them.
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21 November 2017 | 7 replies
Which is possible on most commercial deals, as the sellers are generally investors also.I run a full service, real estate, property management and investment company in Fall River and would love to jump on a quick call to discuss your goals.
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19 November 2017 | 13 replies
@Bosko Mijatovic All I can say is there is something that happens psychologically with people when it comes to payment for service.
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20 November 2017 | 9 replies
Is it possible to purchase REOs soon after the loan servicer has taken possession, but before it hits the general public?
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19 November 2017 | 4 replies
If it rented for $1,900 combined, 50% would be $950 but your debt service is $1,300 a month.
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20 November 2017 | 17 replies
Andrew - we will be a nationwide listing service.