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Hello BP!I am a realtor in the Austin area and have a client who is interested in making multiple offers.Many sellers want to see a pre-approval letter when considering offers. Since we're making multiple offers we do...
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Hello all BPers!I would like to know if you can share your criteria for income when there are co-tenants? Do you assume each one will need to have ability to pay all the rent, but then the reason they have a co-tenanc...
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Hi All, I’m looking at purchasing my first property and I’m focused on small multi-families in southern NH. There is a listing for a duplex and the description says “Sale is subject to probate court approval.” I’ve do...
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Following the housing bubble of 2006-2007, Florida experienced a surge of foreclosures and short sales. A short sale is the sale of real property for less than the amount owed the mortgage. Short sales are subject t...
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Just got a phone call today about an inquiry I had about using my VA Loan. I was approved, now what!? The obvious answer is find a home in my price range that fits my needs and a property that will resale or rent out...
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"This spring, motorists, pedestrians and other travelers on Scenic U.S. Highway 98 near the city-owned Shore at Crystal Beach Park could be able to start enjoying an expansive view of the Gulf of Mexico for the first ...
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Hey BPers - I am looking to acquire multiple properties in different markets over next few months. Do I get 1 approval from 1 lender or multiple approvals from different lenders (market specific)?
First time home buyer here but cannot get a pre approval because of unsteady employment history as a result of pandemic and being self employed. Is it ever recommended to buy property with cash outright? For example...
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Hello everyone, I am buying a condo for the first time which according to its documentation it has been approved for 10 year tax abatement in 2017. However, this was never applied by the city of Philadelphia and I am ...
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Hello BP Team, Mortgage Underwriters/Lenders,
Thank you for information exchange in BP forum.
> Context:
Property: Low Cost Investment property (Condo with HOA) in contract.
Location: Atlanta, GA metro
>...