So I am in the process of doing a cashout refi on a duplex I own. Bought the REO property in cash.
While doing the title search my attorney (close friend) told me the bank (Bayview Loan Servicing) never served the p...
Do you guys have a suggestion for a good loan servicing company that calculates their provision on a percentage rate and not a fixed rate per transaction? I am closing on 6 seller financed properties this month and th...
Hi,I recently purchased a single-family home using subject to financing. I took over the existing mortgage and am paying the seller monthly for their equity. I know I could throw together a google spreadsheet to track...
We purchased a house on auction. Shortly after we faced the fact that the house will be sold for the second time on auction open to public. In fact we did not have an idea that we bought the junior lien. The senior li...
The topic of loan servicing came up in another thread here on BP and to more fully respond, I thought it was best to do so as a new topic.
I strongly advocate the use of a loan servicer for any installment contract o...
So, I've come across a vacant property and my parents have come across some vacant properties in their area. I have several questions regarding my next steps, if everyone will bear with me.1) I know how to search ...
Hello. I'm currently selling homes with Seller Financing. I've been searching online for trying to find a loan servicing company that provides the services in Florida. Need basic service as in payment collection, escr...
I am trying to close on a duplex. Have had multiple extensions already due to appraisal issues. It's taken over a month and at least 4 completed appraisal reports that were incorrect (literally filled out wrong and ba...
My friend told me today that he is moving to my area. He is buying it from an investor owner financed @ 10% interest for $108k. The investor purchased the home for $80k and put another 10k into it "supposedly". He is ...
I'm currently in the process of negotiating a seller finance deal, and I'm seeking some insights from the community regarding what would be considered a fair amount of commission for the real estate agent involved.
T...