Hello, recently i purchased a new construction from a large builder and we went through closing and such as part of the buying. Several weeks after sale, out of the blue I received a letter form a creditor that there...
This is another good short sale article entitled Short Sales Are Hot but They Also Incur Risk, Loss" from Mortgage Servicing News. Requires log-in...but free.
Some good bits:
-400K Short Sales a year. Over half in ...
Hi, My question is, is it legal in Florida to sell a tax deed property of vacant land, using a Special Warranty Deed, without title insurance, along with a First Money Mortgage Deed immediately after purchasing it at ...
One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
Let's assume this scenario:A-B sale. Seller sells a house for 10k down, 190k note secured by deed of trust in first positionB-C sale. Investor resells house on a land contract, 15k down, 200k note secured by deed of t...
The US Treasury Department on November 30th announced plans on how to streamline Short Sales. Most agree, although the administration continues to spin it as a success, that the Making Home Affordable program has been...
I'm mainly addressing Dave P, but I welcome anyone to comment (I'm sure there are many good people) except for opinionated ideals on getting a agent. I do understand what is payed for and who pays its. I also understa...
Ok...it was brought to my attenttion that my original post wasn't doing a very good job at explaining what I was looking for, so I am redoing it.
Listed below is a service that I currently offer to out of state inve...
Hey everyone, I am looking at getting into REI and figured I would start with investing in Tax Liens. I was hoping to get in touch with people are are located or have invested in Tax Liens in Georgia. As this is my ve...
If anyone is willing to provide some insight on how to execute either of these strategies it would be greatly appreciated. What contracts do I need? 3rd party note servicers? What are all the steps to protect me and t...