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Results (556)
Ian G. How to make deal with bank after sheriff's sale?
18 February 2023 | 15 replies

There was a sheriff's sale recently where the bank bid the price it was owed. I don't understand that, but anyway I assume that they'll want to sell it now, right?
How can I contact them to make a deal to take this ...

Kris Lai legLender won't send 1099-C, possible deficiency on Short Sale
13 February 2014 | 1 reply

I short sold a non-owner occupied SFR in November. The loans were with Nationstar (transferred from Aurora, my original lender) and Bank of America. I received my 1099-C from BofA but not Nationstar. Called them to...

Andy Thompson Incredible opportunity, or do I not understand what's happening?
24 July 2014 | 22 replies

I don't yet have the money/skill to pull this deal off.  Still, I'm trying to observe what the market is doing.  So through various web searches, I found a property that is going to be sold at foreclosure auction on T...

Dean Julie Re-Starting again
22 April 2013 | 15 replies

I began learning about real-estate investing in 2007. Did my first short-sale in 2008 and netted $21,000 in 22 days. Bought two rentals in another state in 2009 on a credit card that I eventually defaulted on, because...

Sundar Krish Over 50% HOA deficiency, how to get financed for buying this?
21 November 2011 | 2 replies

This is the description with one of the short sale town home that I am interested in buying in CA Bay Area. Basically what happened was the builder did not complete the project and built only about half+ of the town h...

Maxwell Emerson Foreclosure deal analysis
25 August 2019 | 8 replies

I need help analyzing a deal and finding hidden costs that might come up on a potential deal. Here's the background:-House in pre-foreclosure, $42k past due, $300k remaining on loan, auction on November 22nd, house is...

Denise Evans Pricing the Short Sale Offer
8 July 2020 | 30 replies

I'm a former banking lawyer, and former lawyer for the FDIC closed-bank division. I can tell you, from the inside, how banks evaluate short sale offers. Since then, I've successfully negotiated many short sales to buy...

Erik Miller Do short sales hurt your credit score?
26 June 2008 | 26 replies

I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik