Hattie Dizmond
Reverse Mortgage Short Sale Help
OK...looking for some help from the BP geniuses.I know you can do a Short Sale on a reverse. I just have no experience AT ALL with short sales or reverse mortgages, and this situation is a little sticky.House has maj...
Shari Posey
Does 2nd lienholder ever say no even though 1st says yes?
In a current short sale transaction, I got approval from the 1st lienholder in 10 days but that bank didn't even contact the 2nd. So I submitted the entire package to the 2nd and they said it will take 6-8 weeks. I'm ...
Ryan Keenan
Short sale taking forever
Hi BP friends,Kind of getting lost as to where I stand in the short sale process and getting tired of waiting.Received a accepted offer by the seller for 86,000 and the asking price was 107,000. It has been over 5 wee...
Minna Reid
Some Short Sale Questions
Few questions for those who do lots of short sales...
If I have an agreed price with the bank and say I need to throw a large repair credit in there after, should I just revise the hud with a ...
Kyle Cabral
Subject To - Dodd Frank - Simple Scenario
Hey guys, I'm really hoping for some simple advice on a simple scenario when discussing subject to deals with respect to Dodd Frank. I downloaded the law, it's huge, and will eventually pierce through it but very con...
Mo Elshall
Legal defense after interest transfer via Quitclaim deed
Foreclosure case was filed in court (Ohio) 3 months ago, mortgagors (husband and wife) have transferred ownership to me (an individual) via a quitclaim deed earlier this week and it should be recorded with the county ...
Cedric Taylor
Taking over the home owner's deed
Is deed acquisition a good place to start in REI? What is the probability that someone will hand-over the deed for a foreclosed home?
Will Sifert
Purchasing property tax liens in Colorado, Wyoming and Montana
Has anyone purchased a tax lien from a tax sale in any of these three states (Colorado, Wyoming and Montana ) ? I see they are all tax lien states. I was reading about WY and the process they use; the computer randoml...
Brian N
Short sale as an investor?
I have a rental I bough in the 90s. My first. Stable neighborhood at the time, but not anymore. We pulled money out during the boom years and the area is now severely depressed. (South end of Toledo, oh - 43609). I’m ...
Chaz Martinez
How do you propose a lease option to an owner. Can someone help?
Hi, I am interested in a property. The owner has listed it with an agent. However, he is an absentee owner and I would to propose a lease option. How do I structure this? What do I say, when I get him on the phone? Ca...