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Results (10000)
JaNae Somerville Debating foreclosure on a past rental property
4 December 2015 | 3 replies

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 ...

Ethan Field Opportunity or BUST? Is this a possible deal?
6 March 2021 | 1 reply

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...

Allen Maris Reverse Mortgage Deal Options?
5 August 2015 | 9 replies

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....

James Smith Moore Opportunity - Upside Down Property what to do with it?
25 August 2013 | 5 replies

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...

Brian Campbell how do you negotiate short sells vs foreclosures
23 September 2008 | 2 replies

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...

Noyessie Hubert Have you already face a bad short sale deal ? Please share
25 March 2024 | 3 replies

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...

Shiela Zhao Stupid Question - What is a Short Sale
22 June 2017 | 11 replies

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...

Kirk Gore What to do when your lead is underwater on their mortgage
27 December 2014 | 12 replies

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...

Mike Nelson First Short sell...please help
17 November 2011 | 9 replies

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...

Nicholas Ward Should I research Short Selling?
10 November 2021 | 1 reply

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; ...