Andrew B.
A couple questions about this deal
4 March 2009 | 7 replies
If you play with the term, interest and downpayment enough you can make almost anything sound good.In your realtors example he uses a very long term and low interest rate to make the case... problem you'll run into is that interest rates are currently at historic lows and can't really get any lower, and you can only lock into such low rates for limited time spans.Eventually the mortgage will come up for review, and you'll be faced with higher rates, and even just a point or two higher severely changes the bottom line because of the extended term you'll have so little equity for the first 15-20 years.
Rebecca Wendling
New member from Minneapolis, MN
31 March 2009 | 8 replies
I have most of my extended family living in MPLS and St.
Account Closed
Las Vegas: Highest vacancy rate in nation
8 March 2009 | 7 replies
I pulled down the latest release, as well as the BLS inflation data.
Marc Lyman
Negotiating Short Sales
27 March 2009 | 17 replies
If your using a real estate agent chances are that your not going to be able to negotiate directly unless your agent has had enough sense to get an authorization to release information from the seller and seller's agent.
George Ramsay
Rehab deal
11 March 2009 | 4 replies
How is the estate able to sell the property and not release the lien?
Ryan Vince
Can You buy your own REO back?
28 July 2009 | 41 replies
unless I am reading my note incorrectly but the payment is 1543.68 on a orginal balance of 146,000 fo a 40 year note with a balloon payment of 106,000 at the end and I see three intrest rates listed 7.9, 11.49 and 14.9 and my payment changed 3 times during the course of the note to reflect this. so far the bank is considering extending the lowered intrest rate but that is not for sure and they can't tell me how long for.
Matt Gill
Newbie Short Sale Questions.
23 September 2009 | 8 replies
You can use a letter of intent to purchase with a proof of funds and authorization to release.
Donna M.
re: My first duplex- any suggestions?
14 April 2009 | 19 replies
I kept bringing up that he didn't even know what condition the house was in and eventually came to the new price.Because I'm so far away, I extended the period of inspection time to 60 days.
John Reaves
Buyin an REO the day after foreclosure
22 July 2009 | 13 replies
If one was to establish a relationship with a listing brokerage/agent, are there no ethical or legal restrictions prohibiting them from releasing info on an upcoming property to an outside source while it is in the BPO stage?
Trent M.
200,000- 500,000 sq. ft mall in rural area how to get funded for design and planning?
13 April 2009 | 4 replies
I am able to extend an enterprize zone to the location, At around 65~100 dollars per square foot.