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Hello, there is an off market property that I have been trying to acquire for a couple months. The current owner is under water on the mortgage and the property needs a lot of rehab. I have met the owner and he is in ...
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My wife and I are considering making an offer on a bank owned property via Auction.com. The property is currently occupied and when we view the title document we see a number of outstanding judgements. Two questions:1...
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I am about to process a Short Sale with IndyMac Bank, it light of what happened to them , with the Feds taking over does anyone know how this will effect the SS process. Will they be more willing to do the short sale ...
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I'm wondering if any forum mates have had experience doing business with Wells Fargo/PAS and BB&T.
I have been trying to purchase a particular house from PAS for some time now and it seems...
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Hi there,
Just wondering if anyone here has any experience doing a HELOC with TD Bank, ideally in one of the 5 boroughs in NY, but anywhere really, would be helpful.
I am working with my aunt who owns a...
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Hello everyone,
A business partner and I are looking at options for financing an investment property. We know the 20% down is pretty standard and great credit scores help. We can both meet those requirements. The...
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I went to my first local REI club meeting last night. There was a speaker representing a company that extinguishes your bank note due to mortgage fraud. It works like this: you are an upside-down homeowner or owner...
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Why would the bank not extend my loan? I have been current for the last 10 years and the bank will no longer finance the last five. They are giving me six months to pay it off. Would they really risk forclosing on a p...
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I'm curious how different people analyze and budget repairs to HVAC, electrical and plumbing systems in bank owned homes where the utilities are turned off? I went through a bank owned home recently and I noticed the ...
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I have a commercial tennant that is going to go belly up. I live off the rental income and am not employed right now. On a conservative side I have $600K in equity but only have enough cash on hand to go about 6 mon...