HiI'm trying to determine if the bank can claim unpaid debt on a foreclosure and the best advice on my unique situation. I attempted to sell my primary residence in 2008 after a relo. The house didn't sell andafter ...
Hey everyone, Bare with me for this long story... I just want to see what is possible and not possible with buying this home.I am currently in a negotiation with a previous homeowner who still has his name on the deed...
Hi, I'm hoping someone can offer up some thoughts on this as I've run out of ideas.House has a reverse, balance is about 270k, value is about 230k. The heir can't qualify to buy, but really wants to stay in the house....
Hey everyone,
I'm a realtor in Metro Detroit and I have a client who is looking to sell her Detroit home in decent neighborhood. The home is upside down owes $54k on it, it's probably worth about $30k. The ho...
can you negotiate either or both or none. What I've heard; Short sells are listed by the agent based on comps, you can come in low but the listing agent doesn't have to submit it.
Banked owned, as is, aren't negoti...
Hi All,I'm hearing that short sell deals are most of the time a bargain since you are getting the property as less than the current loan balance. It looks like the only drawback is the approval process that need the l...
So hate to come on hear and ask but trying to wrap my head around short sales and the technical jargon isn't making it easy. I've heard about short selling stocks but not sure how it works on real estate. Thought it m...
I just received my first call from my direct mail campaign. The lead is an out of state absentee owner who owns the house as a rental and is underwater on his mortgage. He bought the house in 2007 and said if he tried...
I've found a buyer with a 4 2unit Multi Family in a GREAT AREA!! The guy filed bankrupcy last year and has since had a stroke, he's unable to take care of this property. I found him from mailing a post card and he's t...
Hey guys! so I'm pretty new here and would like some advice on my strategy based on some macro indicators. I recently bought the books on flipping and rehab from BP, and plan on flipping at least a couple properties; ...