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In NYC can the second mortgage continue trying to collect after the short sale? How can a person stop continued attempts to collect?
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I'm working on a 5+ unit purchase and have an LOI from a lender but a financing commitment will take a few more weeks beyond deadlines that have already passed. Is it common to remove a financing contingency based on ...
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I made an offer through the short sale's listing agent. Early the next morning I received an email that the seller had not accepted my offer, and that they had another offer coming in. They wanted my highest and best....
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I am looking to get some inputs and leads on to see if any one in Fairfield County has tried Sub Dividing or Selling a duplex as independent unit which is zoned in "B". Any guidance is much appreciated.
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- - I just heard about this site and this is my first post so any feedback is greatly appreciated - - I am a residential real estate broker in Washington State who helped a client buy a small piece of commercial/retai...
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can I say crap? Entering a new market. Found a commercial lender at a small bank that says she'll do 20 year amortization/15 year fixed/15% down. BUT She's moving stupid slow. Won't get me a pre-qual. Seems to be hung...
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What are you using for proof of funds if requested to show just to view properties? No lending secured until specific property identified.
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Hi Everyone,A few months back I closed on a 2-unit in the West Village and now am in the process of registering the property as a rental as renovations are almost complete. I'd like to get some advice/clarification o...
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I want to make sure I apply for 2 HELOCs and a 30 year fixed mortgage in the right order so I am able to get approved for all three. Here's my situation-- I currently have two mortgages that based on my current incom...
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I'll make this as short as possible -
the owners had an approval to participate in HUD short sale program issued to them in Nov 09. Found a buyer willing to to satisfy the net requirements for HUD in Dec and submitt...