Hi all,

I looked throughout this forum for an answer but did not find one.

An associate of my has an investment property he desperately wants to sell. The property is comp'd at about $125K but he owes about $180K....

Coming back for an encore, as I have stories, I have lots of stories - how is that the case? Because unlike other gurus out there, I am ACTUALLY buying loans. OMG can you imagine, I do not need to make up stories or b...

Hello all,

I'm hoping to pick your brains about some things I don't understand when researching foreclosures, particularly county foreclosure auctions.

What I *think* I understand so far is that typically the bank ...

We have heard that if a homeowner accepts a loan modification and the loan is a purchase money loan, then it changes the non-recourse status of the loan and the bank can come after them for the deficiency if they defa...

Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...

Hey BP folksAs I am still very new to this, and have a level of nervousness attached to this deal, I am looking for some thoughts and feedback.  The property: 2bed 1 bath, 5acre.  Detached 2 car garage.  Age 10 years ...

I have a friend (we'll call him Joe) who is considering doing a strategic default on his home.

Although it's a struggle, he makes enough to pay his mortgage. But his house has gone down considerably in value and he o...

I want to know if anyone has had any fortune of getting a Freddie loan short sale approval to say settle in full satisfaction instead of the typical boiler plate approval that they seem to be issuing as a computer pri...

I just downloaded the El Paso County Pre Sale Foreclosure List Sale Date: July 11, 2012 off of the elpasopublictrustee.com website and I am trying to decipher the information contained therein.

Here is what I thin...

Hello all. I am a fairly experienced real estate investor with no experience purchasing notes. I have come across a property in Tampa, Florida that was sold with seller financing a few years ago. The owner has since d...