To material deficiency, or to not material deficiency. That is the big question. But really thats just the subject title. I'm pretty sure I have a decent understanding of what is and whats not considered to be mater...
Is $20k difference enough to walk away from an otherwise reasonable deal on a $2M property?
My friend/advisor with more experience says I am being a cheap knucklehead and that the $20k is not relative when you factor...
Hi all.I am trying to help a family member rent their older mobile homes and have stepped in as the property manager. It's a small mobile home park in Texas. The homes have some things wrong with them that the owner...
Long story short, my first home was a huge mistake, I was laid off just prior to my first payment being due, and I would like to get out of the house. It's a USDA loan, it's been transferred from BOA to Carrington Mor...
I went with the smartmove service for credit check and had a prospective tenant submit her data.
In my initial phone interview she admitted that their current home was being foreclosed on, but the note was in her ex...
We are working with a SFH seller who hasn't made a mortgage payment in 7 years. His arrearage exceeds his principle balance on the loan. The mortgage company just won't foreclose on the house because they know it will...
The Info:Seller of a note, I'm considering on purchasing, foreclosed on the borrower back on 12/25/2014 and holds a 100k deficiency lien judgment on them. The borrower, same individual, wants to stay in the home and ...
There is a property in "short sale" status that one of my investors is interested in...when I present the investor's offer to the property owner, they decline the offer...does anyone have any suggestions on how I coul...
I'm curious. What is the purpose in buying NPNs? Is it to acquire the property? I can't imagine anyone would expect to get these to perform?
Hi,
Through the local clerk of court's website I am able to go online and find all of the properties where the bank has just started the foreclosure process in the last week or so. I am exctracting the information an...