Franklin Lee
Most of the good deals...
are gone before they show up on the MLS? I don't know much about this but is this true? How is this possible?
Stephen Lofthus
Confirmation on deal Analysis
LP- $155,000PP- $127,000SP-$199,900Comps- $175K-224KREO/Bank says appraised at $185K w/o rehabHolding costs = $22,763Rehab = $25,815Total- $175,578Profit- $24,3221,700 sqft ranch on slab in A neighborhood, no basement...
Jaime Kosofsky
Investment Properties
Over the past two weeks our law firm has seen a new trend in our market. We are seeing the real estate investors who bought large numbers of property, finally start losing their ability to pay. The typical scenario an...
Zachary Baldwin
Auctions
My wife and I are looking at investment properties in Nashville and the middle Tennessee area. We have come across some bank owned properties that are being foreclosed in the classifieds of newspapers - most of which ...
Ricardo Dominguez
Home thats under water
My daughter and son in law are under water with their home. They can't get any help. Does anyone have an answer for this dilemma. They purchased the home in 2006 for 170,000 with a arms interest rate. Ten years later ...
Devrie M.
Seller financed my primary residence after a few short months.
Hello. I bought a home thinking I could find some help to get the many projects done around here, but instead I ended up with a mess and being ripped off. This was my primary residence and I sold the home to a friend ...
Shane Woods
How do I approach seller/client's bank about short sale?
I have a listing that has been on the market for about 45 days now. 13 showings, no offers. We're overpriced. I know this. We're at the very bottom of what we can accept to make sure the bank loan gets paid off and...
B Cory
Doing a Short Sale where the seller is a Trust
We have been working a Short Sale with Chase for a while. The homeowners put the property into a trust, and the contract and HUD both reflected the trust. All of the sudden the negotiator comes back and says that the ...
Ibrahim Hughes
Seller's 1099 Concern Prohibiting Her From Doing A Short Sale
Hi All. I have a seller who doesn't want to go through the process of short selling two abandoned investment properties because they don't want to get a 1099 from the lender and pay taxes on the forgiven debt.
...
Jim Glover
Property Acquisition Offer - buy, rent to seller for short time?
I don’t really like this idea, but I am looking for something to differentiate my offer from the competition. Here in GA it’s a bit insane right now, and everyone who is associated with real estate has became an “inv...