Has anyone had any success buying a bank owned property direct from bank. Particularly Us bank Na Trust. They have owned this foreclosured property for a few years now and I want to buy it. I’ve made some calls and th...
This topic has been discussed ad nauseam on the BP forums. But would like to hear experiences between Credit Unions and Community Banks on growing my real estate portfolio.I have a local credit union willing to give a...
There is a house very close to my primary that has been an eyesore for 10+ years.There has been no sign of life fro over 1 year.It was granted to Newrez/Shellpoint over 1 year ago.I want to buy it. Called Newrez and t...
Hi all! Just curious what everyone recommends for the best bank for business banking??
As I understand the law today, banks must get an appraiser from a pool rather than choosing one, so there's a firewall that there wasn't in the past. So why am I told that one bank won't accept the appraisal commissio...
Trying to buy short sale w/ 2 bank loans. I offered 184k to seller and they accepted, sent to Bank 1, that has 212k loan. Bank 1 agreed and offered 1.5k to Bank 2, that has 38k loan. Bank 2 is refusing to sign, but...
Hello Fellow BPers!As you all know, I am just starting out and I am doing my research on houses. I ran into one on the public record site that's owned by a bank...Wells Fargo to be exact. Can I contact the bank as an ...
Is it standard procedure for a bank to verify and clear all liens on a property before they list it REO on the MLS? I understand the importance of purchasing Title Insurance and always do, just curious if that process...
So I'm wondering if anyone else has had issues with their bank not knowing the Fannie Mae rules on seller paid closing costs? My bank really screwed me at last second making me come out of pocket. Thanks for any replies