Ayo F.
Equator System for Short sales
22 August 2011 | 2 replies
We have observed non-licensed and non-attorney agent accounts conducting short sales, but as a third party software provider we cannot comment on which lenders approve of this and which do not (if any).
Rafael Porter
Syndicating your first deal
22 August 2011 | 7 replies
A third person has been interested so I sent them my proposal and said something like... hey take a look at this deal.
Tom Bujnowski
Guarantees to Sellers that make you stand out!!
23 August 2011 | 1 reply
Thirdly, I offer to put down a significant amount of earnest money.
Joshua Dorkin
Steve Jobs Resigns from Apple
1 September 2011 | 13 replies
These may seem like just frivolities, but for fishermen in third world countries who were beholden to a single buyer, they're a very big increase in their income because they can check prices at several ports.
David Smith
Foreclosures on the courthouse steps
25 August 2011 | 5 replies
Some are being sold to third party buyers, some (many, perhaps) are going back to the bank.2.
Grant Hwang
Seller lives out of state
13 September 2011 | 3 replies
The third option is for the seller to come into the state in order to sign the necessary documents.
Terry Matula
First time investor - Owner/Occupant and Landlord - thoughts?
30 August 2011 | 8 replies
Third, your demographic should be considered when making capital improvement decisions.
Kevin Fintland
Follow-up Questions to: HOA trying to collect reimbursement for cost not my fault. Threatening a lien.
8 October 2011 | 7 replies
You may or may not be liable, but if you are, the HOA is not going to be able to release you from any claims by a third party.
Account Closed
earnest money for apartment
6 September 2011 | 5 replies
For the deposit, you would always make it to a third party escrow company, like a closing agent, and make sure that there are contingencies in your purchase offer you can get your ernest money back for several reasons.
Tim G.
Washington Issues plea to the public for ideas on how to get rid of houses
6 September 2011 | 4 replies
Yes the government wants the "magic fairy dust" as I call it.I see it with banks as well.Sometimes the bank believes in an appraisal that won't fetch half the value.Since it's a "third party" appraiser they believe it to be most accurate.The problem is appraisers aren't in the field talking daily to investors doing deals like I am.Even if I can convince the bank they tell me they agree with my value and comps it's just that right now they can't take the hit.They can only take small hits over time.The government I am sure sees this the same way.As an investor I wouldn't want to be "in bed" with the government on houses.They have shown not to be good stewards of money or to make thoughtful programs that work in the real world.That leaves you intertwined with the government for years and years which I would equate to a nightmare situation.As far as the SS or REO driven market it depends on your local area.Some areas only had a few foreclosure to begin with and have already recovered.Other areas a foreclosure and short sales can be up to half of all sales still today.The reality is the buyer when looking at a remodeled house versus one needing work will go look at the REO or short sales.Then the buyer will compare in their mind IF they want to do the work to gain sweat equity or just pay for a finished product??