Stuck an offer in on a preforeclosure. Did some research and found the sales price in 2003 150,850$. Second mortgage at 55K, they have list price of 199k, I have comparables in the area. I offered 170K

wish me luck...

Hi everyone, My boyfriend and I have been trying to get pre-approved at our bank, but as of late it has been taking awhile. My boyfriend is a special education teacher and I am a freelance producer in television. We t...

Hello!

I have recently done some work as a broker for a bank that has taken over another through the FDIC back in 2009. In talking with my point of contact at the bank he explained that they have a loss share agreeme...

Can someone explain the process of how the money is deducted viz the HUD 1. Let's say that you are purchasing a house from the bank for 60k, it can easily sell for 115k which you found by using comparable sales. How ...

I am wondering if someone simply deeds their multi unit building over to me what will the bank do? Will they call the loan due ( I know they can but will they)? What if the seller simply adds me to the deed and the...

Six more banks failed today (4/15/2011) ..... or should I say were closed by the FDIC.

Two in Alabama, two in Georgia, one in Mississippi and one in Minnesota.

Brings the total bank failure count to 34 with Georgia ...

I’m interested in purchasing a Bank Tape and so far everyone is saying that they’re no longer available due to Covid and the moratorium. Can anyone elaborate on this? Thank you.

Hi,

NC State law requires that security deposit must be put into a separate trust account:
http://www.ncga.state.nc.us/EnactedLegislation/Statutes/HTML/BySection/Chapter_42/GS_42-50.html

Could anyone explain how to ...

I have a question regarding podcast 334. In there Brandon and Dave talk to Ben Lapidus about different negotiation tactics when talking to sellers about seller carry. In his metaphorical example he proposes to pay the...

Well over the last couple of weeks I finally got my first ss deal signed up. Guy called me up wanted to do a short sale. Went out had him sign a purchase agreement and we sent in the ss package. The bank ordered the b...