Nick Rutkowski
NY suspends mortgages for those in economic hardship
https://therealdeal.com/2020/03/19/cuomo-suspends-foreclosures-and-mortgage-payments/
What I gathered was if you fall on financial hardship and live in NY you can now ask your bank to modify your mortgage. You can ...
Humberto Valle
New Program In Texas Aimed At Rescuing Struggling Properties.
I'm thinking house hackers can probably take advantage of this tax incentive being offered as a pilot program by the State of Texas.
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El Paso homeowners who have fallen behind on their mortgage payments or are at...
Kevin M.
Proposed COVID Tenant Relief Bill- Philadelphia
BP,
Wanted to bring to your attention a package of bills introduced to City Council on Thursday addressing Tenants' rights. Three sponsors (of 17 Council members). Some major points in the bill;
Extend the eviction...
Xeniya McBroom
Help the owner to find options to short sale!
I am a Real Estate Agent and Investor, so I am not just looking to short sale these people's house, so I can get the commission. That is what they said they wanted to do. But they don't have a good reason, in my opini...
Deisy P.
Illinois Legislature Meeting to ext moratorium to SEPT 2021
certain politicians in Springfield are pushing legislation to pass the Illinois legislature THIS WEEKEND. I am requesting all landlords and their employees/agents/other stake holders to click the link below (to conta...
Henri Meli
Real estate purchase using 401k
I learned something recently about 401ks that I didn't know before and it really threw me off. Now I'm scrambling for alternatives.
I have been working a corporate job for the last decade. During that time I ...
Mitch Kenney
BOA short sale...Seller not in arrears
My Uncle in law owns 2 houses in Washington state and he wants me to do a short sale on one of them. He is not in arrears on the property and the loan is with BOA. I have heard of short sales going through even if the...
Eric Jackson
Possible Short Sales Scenario? Armslength, Seller eval?
Looking for the BP community's feedback on a couple topics in the short sale process, specifically related to a property I'm working through.Here is a little context to the situation. Seller is my father (please cont...
Es Lee
Need some direction with a short sale
I am a seller trying to attempt a short sale and need some assistance. I have a 4/3 house in Melbourne FL. Owe $300K with Chase trying to do a short sale for $250K. I have a foreign cash buyer. The home is not listed ...
Jennifer Y. Park
Buying Out Partners
Hello BP community, I'm in a 5 member partnership to do to a flip, in which one partner is wanting out. This has been an unexpected financial hardship for us since this partner is not contributing financially, while ...