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Neighbor moving,filing bankruptcy/ now what?
Well I've done a little research (lurking) and realize that for the new guy it can be really difficult to find that deal before the investors do. Today I was coming home and I saw some trucks in front of a property a ...
Annette Hibbler
City Bankruptcies: Detroit is Not Alone
Detroit is not the first city to seek protection from it’s creditors. San Bernardino, population 210,000 and Stockton, population 292,000 both sought protection from it’s creditors last year.
Due to years o...
Gayle Ruckman
Purchase bankruptcy 13 home mineral rights
We are looking at a home that has acreage with mineral rights. The owner is in chapter 13 as of beginning 2018 and wants to keep the mineral rights. New here and very interested in the property. It has gas lease on i...
Bill Marcotte
Potential tenant just out of bankruptcy.
I have an applicant that is JUST coming out of bankruptcy. Case is getting closed this week. Medical bills were the culprit and overall seems like a very decent tenant. Income is guaranteed under disability and social...
Jenny Vincent
Bankruptcy trustee foreclosure and redemption period
Hi there, I have question about purchasing a property that was purchased back by the lender at the Sherrif’s sale. The property is currently part of a bankruptcy estate. I’m wondering if this property can be bought fr...
Joel Owens
RE/MAX Greater Atlanta files bankruptcy!
Just came out that RE/MAX Greater Atlanta has filed for bankruptcy protection.
There are stories of the more than 300 agents not getting their commission checks.(checks are already bouncing).The brokerage says earnes...
Terry Royce
Seller 3yrs behind, and in bankruptcy
Edit- Apparently the seller is not behind on the mortgage, she just has over 7k in unpaid city taxes and water bills. She does not want to profit from the sale, she just wants to sell it to get the taxes paid.
Is the...
Jeff NA
Time after bankruptcy for FHA loan?
Pondering this aloud for a situation that a friend of mine has found herself in. Apologies if this would be better suited for another forum. I see some generic info online that states that one can get an FHA loan two ...
Milton F.
Need advice seller going through bankruptcy
Hi BP,
I need your advice. I just received a call from
a seller that is currently going through bankruptcy. She said her home is no longer in foreclosure due to filing for bankruptcy. She said 140k is owed on the hom...
Bara Nwokoma
Distressed Owner/Bankruptcy?/Major Taxes Owed
Hello All!I hope all is well. Let me get straight to the point.I had an owner contact me via my direct mail. He owns a house which he hasn't paid taxes on since 1995, the house has not been to auction, and I was told...