I have been searching the fci exchange and have come across a couple of non-performing firsts that are selling are over 100% upb .I see that the note is at 8.5% ,the original balance was at over $200k and it is now ar...
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Im new in this and was wondering what I should get out of a flip profit. Here is the scenario. I work with an investor/realter in one. He finances the house and the rehab material. I put in the labor. I find the hous...
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Hey all,Some of you know me on here as a private mortgage broker that helps investors get the best financing option in 45 states. However, I constantly see the same questions asked here on BP, so I figured I'd make an...
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A homeowner called me today and says that auction has been scheduled next Tuesday, September 7.
Here's the scoop:
$92000 (includes $14K in arrears, bank and attorney fees)
Delinquent HOA $1000
Delinquent Property Ta...
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I have spoken with a homeowner that is just wanting out of their house payment. She has told me that she just wants what she owes on property, but she can't tell me what that is because she is under contract with a re...
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I'm new to note purchasing, so any help with this situation would be much appreciated.I'm wanting to purchase a note from a man who owner-financed a property he sold. The selling price was $165k with $15k down, and th...
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Hello all,I'm planning on bidding on a property at a foreclosure auction that has a primary mortgage of $216k and a second mortgage of $36k. I've seen mixed opinions about how the proceeds will be distributed and how ...
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First of all this house is in foreclosure in FL and is going to sale This Dec 7th so not much time. Loan is 101k not sure about the back payments yet. Prob about 2 years behind. Also an IRS tax lien most likely attach...
Hey Experts,
I signed a contract to do a short sale with a homeowner. However, now they won't sign authorization to release nor continue with the short sale. They want to walk away and will sign a warranty ...
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I am looking at a condo for sale at auction.com. They provided a partial title search report document. It stated there was LEIN which I found details on from the County Register of Deeds for unpaid income tax of abo...