Howdy from Waco, Texas! If I get a seller to sell me their house "subject to" and the seller passes away while I am still making the payments on their behalf, what happens to the note? What if I have owner financed t...
Hi everybody,
House valued at 420K, going to be auctioned on 7/15. Starting bid 81.5K, yeah! A heck of a deal.
I feel i should go talk to the owner and try to get this house before auction day. I have no experience ...
Hello there,Looking to create series LLC in Nevada (series state) for rentals located in NC (non-series state), and register in NC as foreign entity.Since NC does not recognize series LLC, I'm concerned that NC does n...
Hi! I've been reading a lot on BPP for the last 6 months now and am finally getting to looking at properties! I'm currently looking at some MF in the Hudson Valley and want to finance it with FHA, as it would be my pr...
I have bought one property at foreclosure and attended many, many more. I'm trying to understand something though. If your house is valued at $280,000 (and I believe it to be north of $250,00 based on my knowledg...
Hoping someone has had some experience with this...I just bought a house that I am going to flip. Property is in fairly good shape and only needs cosmetic upgrades on the inside. Thing is, county records show it havin...
RESCUING THE BAIL-OUT (a RE Professional Perspective)
An opposition to the Emergency Economic Stabilization Act
By Fred Ashley
The Emergency Economic Stabilization Act of 2008, or Bailout Plan is a law authorizing th...
Say there is a property up for trustee sale auction, being foreclosed on by the first mortgage company. The minimum bid is for the total of this first mortgage. The title search revealed two other liens. The title ...
15% decline in cooper & lumber, key components of housing
June housing starts dropped 9.9% in June
Housing permits dropped 7.5%
25% of the housing buyers are investors/institutions
Job creation is flat
Mortga...
What is needed to successfully negotiate and close on a residential short-sale property subject-to the exsisting loan? Does the bank require you to have a certain income level etc in order to take over the person's mo...