Just wondering if I can get a ballpark percentage here. If a short sale is listed on the MLS, what's a reasonable percentage of the listing price to offer for the property? Same question for bank-owned properties. ...
I'm buying a bank-owned 2 family property. It will be my problem to evict the existing occupants. The bank is not providing any info regarding the tenants/ possibly former owners. How to I properly identify them, so t...
Heidi is the proprietor of a bar in Detroit . In order to increase
sales, she decides to allow her loyal customers - most of whom are
unemployed alcoholics - to drink now but pay later.
She keeps track of the drink...
Can't seem to find this thru search. In researching tax liens for upcoming tax sales - what happens if the property is in a bank foreclosure process that has already begun? property tax liens take precedence over all ...
Hey everyone,
New here! I've been interested in real estate for a a while now and have been listening to the podcast for about 6 months. Currently I'm a second year law school student in Miami and work park time dur...
Hello everyone,I am currently in the process of buying a property in the greater Orlando area. It's a bank owned property and it's on the market for almost 90 days. After 45 days, the bank dropped the price from $144,...
As a real estate agent and investor, I've put many offers in on bank owned properties. I have seen some terrible offers and some strong. Of course it depends on the house, but here are some tips:Listen to your agent- ...
Hi, Could someone help me on these questions about the bank calling due on the loan? I had a conversation with a seasoned investor and got this info. According to him, Suntrust decided not to deal with residential loa...
Hello all, so here is the deal;
Bank owned property listed at 153k
After seeing, I offered 155k plus closing (7k) which brought my offer to 162,500k. Still not too bad but possibly too high for bank owned.
I elec...
I am going to walk through a couple properties that have been foreclosed on and are bank owned. Any strategy tips on first offer starting point? The two properties are listed separate, but are owned by same bank. Does...