Brian Degener
How to Stop a foreclosure sale scheduled in 2 weeks???
Hey BP, I a property I am very interested in, a seller that is under water but willing to make a deal but the court house steps sale is scheduled in 2 weeks. What can I do to stop the foreclosure sale in this short a...
Hen Ley
Private Lending- Any concern for senior property tax liens?
What if you carry a note for a property where the owner has stopped paying property taxes? Is it possible to cover the taxes yourself to prevent potentially losing the property?
Account Closed
Hard Money Lenders - Tightening Criteria Incoming?
I'm sure most folks have seen that JPMorgan Chase is tightening mortgage borrowing standards. What does the economic outlook mean for hard money lenders, and for portfolio lenders?I know it's not conventional lending ...
Dale T.
Question about NPN with Sheriff auction date
I have a bank that offered up a note for a property that has an Auction date. I have a buyer lined up. What happends to the auction when I buy the note and filp it to a new buyer? Will the bank stop that auction date?...
Taylor Green
Lender's experiences of taking back property from borrower?
Hi,
I was just hoping some experienced lenders could shed some light on their experiences of having to take back a property due to their borrower defaulting on a loan. I am curious of how often you have had t...
Richard Warren
SC court halts thousands of home foreclosure sales
South Carolina court orders a halt to foreclosures, will other states follow suit?
COLUMBIA, S.C. – South Carolina's highest court on Tuesday temporarily stopped thousands of pending foreclosure sales in the state ...
Eric E.
"Subject To" in New Jersey
Hi I've done lots of deals, but I'm about to do a "Subject to" deal in NJ. It's a fixed-rate home equity loan (1st position). The concept is easy to understand. The devil is in the details. Especially in NJ...
Matthew Conner
Is 5% down on multifamily with non-occupant Cosigner possible?
I'm working with a partner and we are looking to find out if a situation would be possible. We would like to partner on a 3-4 unit property where he would occupy one unit and I'd be a non-occupant cosigner. We have ap...
Barrington Duncan
2nd Foreclosure for a Family Member
One of my family members house haves gone back into foreclosure for the 2nd time . The first time I suggested to file for bankruptcy to stop the foreclosure and it stop it and I got her a lawyer to handle the repayme...
Mike Landry
Delaying a foreclosure in texas
First off. I am not interested in doing anything illegal. I have an owner scheduled to be foreclosed jan 5, 2016. They just contacted me today dec 27th. I'm working on the details but the payoff is about 75% arv. I a...