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So I put an offer in on a house a few weeks ago. A week ago the RE agent tells me that the seller is considering my offer, but is also collecting other offers. Today the RE agent tells me she is emailing the P&S a...
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Hi guys, we are in escrow for a property that is a pretty good deal! However, we found out recently that it has roots growing through the septic pipes. I guess the first step which we have to foot the bill for ($650...
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Hello all, I have a bit of an interesting situation. I have a close friend of the family that acted as the bank on a property for an individual ( I know horrible idea). Long story short it has been a nightmare for my ...
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I'm in the process of buying a tax deed to a vacant lot over the counter from the State. The lot was acquired by the state in 2016, so I'm assuming it will be a tax deed vs a certificate. The owner is deceased and the...
I was wondering if there is any investors who would be willing to share a horror story on a foreclosure they bought only to find they got more than they bargained for.To get the ball rolling he is one of mine.The stor...
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Bought a multi-unit rental on 2022, The Philadelphia school board now wants the property taxes to be revised. They want to assess the property taxes at the sale price, This will increase my taxed by 60%, has anyone fa...
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Ok, so auction.com says- and I quote..... "ADC may counter bid on behalf of Seller on any Property up to the amount of the Reserve Price" How is that legal, isn't that like a realtor saying they have other offers...
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Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
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I'm a little confused about the term "subject to" when it comes to non performing 2nd mortgage workouts.
I've been learning about various workout scenarios possible with non performing 2nd mortgage's and I se...
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Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...