Can a homeowner in foreclosure accept money and quit claim deed their property? And then can that new homeowner try to do a short sale with the bank and be the buyer and essentially the seller?

http://www.nytimes.com/2010/10/01/business/01mortgage.html?hp

I don't know if they're really slowing, or if the media is trying blow this up into something bigger than it is.

I have had a FNMA property under contract a few weeks now and was to close on it tomorrow after a few minor delays. I just got a phone call fom my bank telling me I could not borrow as much as I need according to an a...

 so I have a homeowner that is not working with anyone yet like investors or short sale agents to help them with his pre-foreclosure and he comes outside and says yes let's talk "I'm worried because the bank wont I a...

I'm sure some of you have experienced this issue before. It's very irritating and I thought I'd post about it.I'm working on a flip, which you can see HERE. The property was purchased at a foreclosure auction at the c...

In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)My initial take is that this is a sound move by Fannie and Freddie to address a real issue.  If it helps...

I've been representing a client the last few months on a property that we've been trying to negotiate a short sale on with a mortgage servicing company. It's been about 3-4 months. The property has been off the marke...

So i'm at the beginning stages of two duplex BRRRRs in the Cleveland Ohio area and evaluating my options on the finance side.  I've already done plenty of research on the conventional, Fannie/Freddie side of things (c...

Any advice for new landlords are welcome! Thanks

Hello Everyone!

I am placing a offer on a Fannie Mae REO, offering a 5 day close and all paying all cash. Has anyone come across the stipulation of investors having to wait 14 days until our offers will be reviewed, ...