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Results (265)
Dave Versch Making offers on Bank-owned and Short sales
29 December 2008 | 2 replies

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. ...

Scott Annand Identifying unknown tenants in Bank-owned Multi-family
16 February 2016 | 4 replies

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...

Jeff Tumbarello Derivative Markets: An Explanation Presented In Banker-Speak.
12 April 2009 | 1 reply

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...

K Confid If tax sale parcel is in bank foreclosure...
15 March 2010 | 5 replies

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 ...

Zach Cohen 23 year old law student –– $30k in bank
14 June 2021 | 4 replies

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...

Fabian G. Final offer from Bank on Bank owned property
27 February 2016 | 5 replies

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,...

Matt Carey Advice on Putting Offers on Bank Owned Properties
19 June 2017 | 0 replies

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- ...

Leon Lee Questions on banks calling due on the loan
29 April 2017 | 3 replies

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...

Kimberly Rice New investor- Need advice on bank owned property
14 April 2016 | 3 replies

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...

Steve Jeffries Making offer on bank owned pair of SFR's
11 January 2017 | 4 replies

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...