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Hello BP. Does anyone have any experience working with Fifth Third Bank? I placed an offer on a single family 2 months ago and the bank just sent the seller the short sale packet last week. Sounds like this is goin...
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I put a contract on short sale in Birmingham today all cash and my agent come back and added that listing agent said the bank can not give possession from current tenant or homeowner for 7 weeks. Bank stops showing ho...
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My first short sale drove my wife crazy due to the amount of time it took. From the time we made an offer to the closing date it took just over a year. I still up till today have no idea why it would take so long. My...
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I just received bank approval, but after looking at the home again I'm concerned that the cost of the repairs will be more than I had anticipated. I will be bringing in an inspector and contractors to nail those fig...
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I am trying to help an absentee owner in Sierra Vista, AZ who is considering a short sale or foreclosure. They have about 0% equity and the rental market is very sluggish due to housing rules at the local military ba...
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I am looking to rent out a house I am going to renovate and flip in the Spring, but would like to keep the rent coming in as it is a solid house that just needs upgrades. Has anyone run into this scenario and have adv...
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I was told you could take a home in foreclosure and still do a short sale on it even there is no equity in it. I was told that the bigger the 2nd was on this deal the better, you could get some equity out of the deal...
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Question for the people who focus on short sales, what's a better business model selling short sale leads, with all the paperwork completed to a realtor, or doing all the work and teaming up with a realtor to spilt...
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Hello,
I do not know much about short sales. However I have a question that was posed to me by a friend. Does a mortgage have to be in default before a short sale can be done? Will the mortgage company even conside...
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have a quick question regarding a short sale. I have a candidate for a SS and the owner has finally agreed to consider it. He has contacted the bank and the bank is willing to consider a SS. Problem is I have no idea ...