I talked to a guy today and he basically just left the house he was in. Yeah he has other reasons but he could have stayed in it and could have paid it but wanted out of the house and area.

He ha...

I'm looking for information about the rules and laws around the foreclosure statute of limitations in Florida. Are there such a thing? From my understanding if you are in foreclosure for over 5 years and still in the ...

Before attempting a short sale, want to keep people in their home. Distressed note with a second mortgage that can be settled at 10%. Any suggestions on how to proceed?

Hello all! I'm new to BP, hoping to learn alot from the folks on here. Came across a potential client who is a friend of a friend. They're a couple whose property was damaged in the CA rains last month from a landslid...

Has anyone been able to get Chase to agree to a short sale while current on payments? Has anyone been refused by Chase because they were current on their payments?

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

manage a new construction triplex consisting of a 1st floor, 3 BR, 2 BA apt (1,800 SF) and 2nd floor consisting of 2 - 2 BR, 2 BA ap...

Scenario:

House 'A' was entirely paid off. No outstanding loan. Primary residence (in Nevada).

Borrowed $ against house 'A' using a Signature Line of Credit HELOC (20yr. ARM) to purchase a single family residential...

I currently own a rental property. The amount I owe is more than the house is now worth. The income rent is less than the mortgage payment. The house is over 120 years old. And the current tenents have trashed the hou...

Can the bank come back after a seller for the money that was shorted?

Would the seller still be liable for the rest of the money the bank didn't recover?

How can you eliminate that in the paperwork?

thanks

I finally found a PN I would like to make an offer on!  I know that when I offer on a property I can easily not move forward with anything I find with an inspection clause.  Is there something similar in the due dilig...