I've made offers on several short sales in the past but never actually bought one.
I've been told to put language in the contract to the effect of "property will be delivered vacant and all of owner/occupants' or ten...
Have you closed one or more short sales in the last couple years?
If so, how many have you closed and what's the typical write-down you are able to get banks to accept nowadays? 15%? 50%?
I'm hearing ...
I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.
Here are my questions:
1. Is the realtor the one who negotiates the short sale...
ive been going back and forth with a wholesaler based in philadelphia. he is pushing for me to purchase a property that he aquired via sheriff sale in philadelphia. he is pushing not in a shady sleezy sense but i...
I focus on commercial and haven't completed a residential short sale in about 4 years.
Me and my other broker friends I have been talking to recently are mentioning they are completing residential short sales on the ...
Hi awesome Real Estate fans,I have a situation and need advice on what to do. I had signed a Purchase Contract as the Buyer in July 2016 for a short sale condo. I had appointed the Seller's agent as also my agent and ...
I am just now going on the market to sell owner/user office. I expect I will 1031 to multifamily. That is my conclusion on replacement type after researching all options for the last few years. I have a pretty good gr...
Am just wondering where the name short sales originate from, when in realityit is LONG Sales..... LOL
l'll like for you to share some of your short sales stories and timeline
My first short sales took 4months
Shor...
Hello BP Family, I have a meeting with a seller this week who things they need a short sale. Is it possible to wholesale a short sale or will i have to use transactional funding as a means of closing the deal? I belie...
Hey all, I need advice regarding the sale of my rental. It is a former residence that is a cookie cutter town house. I am basically breaking even on. I owe $107k on it and market value is $157-160k. 1. Are transaction...