I'm ready to get starting flipping houses, and I think it's perfect timing. I'm located in the Tampa Bay Area and we're ranked #4 in the nation for vacant foreclosures. I don't know what to make of that but I think it...

Is a transaction still considered a shortsale if it pays off the principle balance or more but is less than the banks payoff figure?

Hello all and thank you in advance for any help and info you might offer.  My wife and I are new overnight vacation rental owners of a cabin in Gatlinburg, TN.  We just closed out our first month of rental (June) and ...

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...

Wondering how this is done. How to figure out ARV on duplexes and apartments

The region encompassing Austin, the Hill Country, and Waco represented 28 percent of the dollar value of the state’s rural land sales last year.  That was the highest dollar volume among the six regions outlined in th...

I have a lady who needs to sell her house.

ARV: $540k
Loan Amt: $591k
Mort Payment: $2400

Obviously, she is upside down. I was thinking she is going to need a short sale.

I would offer to buy around $327K (cash).

...

Hey guys, im in the process of looking through a few reo's to flip yet i get stuck trying to find the ARV so that i can depict my MAO. I've tried using zillow, eppraisal to depict that info but i seem to get stuck and...

I feel like I'm "fluffing" the numbers too much when I am analyzing properties. What types of resources should I be using to get more accurate numbers? I'm currently using rentometer, homes.com (for home values), and ...

If right of redemption is purchased from an owner whose property deed was sold at tax sale, do the excess funds (if any) belong to the purchaser of the right to redeem or the owner before the tax deed was sold?