Specifically I'm looking for information on the pros and cons of the loan modification process.  I sent my first direct mail piece to a home owner that is in pre-foreclosure.  She called me today and was interested in...

Hey all,I am looking at a property that is going to the sheriff sale. I'm having a tough time evaluating the O & E report that was provided by the title company. Can anyone help me out with it? 1. Mortgage dated S...

Hello,
My company currently offers multiple options for people in foreclosure but does not offer the loan modification route. I have found the basic information on how a loan mod works, but am having a hard time gras...

I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...

I read in a book that it can be a good idea to tell the seller all of their solutions one of which is a loan modification. It said to call their bank right on the spot and talk to them for the seller.

What experie...

I have a possible tenant who meets all the requirements but they have mentioned they have MS and that they have had trouble renting due to this. Are there any issues I could run into by renting to this person?

Hello everyone,My partner and I have been trying to secure a preapproval with Wells Fargo for months now and would appreciate some input on if we should move on to another bank or look elsewhere. Here’s the timeline a...

I recently got married and upon the final details found out that my spouse's condo was behind on payments because she had accidentally let the insurance lapse and a pipe burst.I was just beginning my real estate/renta...

Ten years ago, the real estate market was on its way to all time highs. Anyone who was not investing in real estate was a fool. Along with all of the excitement came the infamous 10 year, interest only loan. Fast forw...

I have a seller that owes too much on his loan for a SFR-rental (in Chicago, IL) that brings in $1500 monthly via Section 8. The problem is he bought in the RE boom in 2008 and owes too much. He does however have a 40...