In general, what percentage of the full debt are subordinate mortgage holders willing to settle for following a foreclosure sale initiated by the primary mortgage holder?
Hello all 1031 experts!I'm going through the settlement documents that the title folks emailed me. We will have to sign the documents and fedex them for settlement on July 20. I already found that they gave me the ...
I have a settlement offer from my mortgage company and a buyer for the house. Can I use transactional funding to payoff the mortgage then sell the house to the buyer.
Hi, I am taking a poll to determine what search criteria a lender / broker uses to determine the settlement agent used in the closing process.
For example, is it based on a past relationship? Does your borrow...
Hi Burghers!I'm exploring Pittsburgh as a possible place to live and invest. I'm familiar with Vermont (must use a lawyer) and Arizona (almost nobody uses a lawyer) when it comes to settlement services. I'm wonderin...
Hey there, BackgroundI'm a first time landlord. I have a tenant in a rent controlled unit who I tried working with for several months but unfortunately stopped paying rent. We served a 3-day notice and a summons, whic...
Hey BP community, can anyone refer me to a settlement agent in the Des Moines, Iowa market that is comfortable doing assignments? I'm a new investor starting out with wholesaling as my niche and I'd like to add this p...
Hello fellow RE Investors,Does anyone know the best answer to this issue?We closed on a property about a week back, and the settlement statement show that there was over $3000 of credit rent. After the seller signed a...
Our extensive research process resulted in a significant pay off this week. In September, 2015, we purchased a non-performing 2nd mortgage on a property in a desirable area of Pasadena, CA. The homeowner had not made ...
I've made some poor financial decisions 3 years ago and allowed my credit cards to go into collections. I have 3 credit cards that went into collections and the total amount is $22K. I am now getting all my finances i...