Hey guys!I have some issues with a scenario I'm in and I was hoping to get some insight! My wife and I have been looking for our personal house for the past year or so, and we've made a few offers only to have them be...
Hello BP,
I have a motivated seller who would like to avoid short sale, but has told me his house is worth 300K and he owes 600K! Initial research shows comps are $425K but house, purchased in 2000 is trashe...
I know that a homeowner can negotiate their own loan mod, but can they negotiate their own short sale? Obviously the lenders will want to see an offer on the table, so if the owner has an offer can they contact the ba...
I'm looking for a Vermont realtor well versed in short sales and willing to do them. I'm not sure the situation I've come across in Barre Town will work as a short sale, but I do know the seller's bank is willing to c...
I know, personally, a family that is divorcing. The husband informed me that they will probably short sale the property. When he told me about the divorce and the house was brought up, he said they expect to do a shor...
Wanted to reach out and understand if this is legal or not for an HOA to do. Found a short sale property, put it under contract and later (months later) found out that there were almost $20k worth of over due HOA dues...
Ok so you would think all the houses I've bought that this would have come up before- I have a property under contract that is a short sale. The property is in pretty bad shape, broken windows, doors, stolen AC, c...
Hi All,I'm purchasing a New Jersey quad at a short sale cash price of $255K. The seller owes the bank circa $280K. We went into contract in March 2016, with an inspection shortly thereafter. Few weeks ago I learne...
Hi BP Colleagues!!!I am analyzing a lead that I want to make my first offer on. It is a short sale, however I am not willing to pay what the seller is asking. In order for my numbers to work, I need to offer 40% less ...
A friend of mine owes more to the bank than what his property is worth. He is having problems keeping up with the bills and mortgage. From an investor standpoint, what can be done to help him out? I would like to buy ...