Dan R.
Short Sale Wells Fargo Freddie Denied
Hi, I had a short sale approved thru Wells and the seller is current on mtg but showed a financial and medical hardship. The home is a second home, condo- not primary residence. We had a agreed upon selling price a...
Herm M.
Getting a "cash only" purchase approved by short sale lender, but being denied the usage of hard money???
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
Account Closed
Questions re making an offer
I'm planning to make an offer on a single family house that is way below the list price. This house is not in short sale or foreclosure. It does need a lot of work.
The agent said she's suggested a short sale to them...
Sam Leon
Approved short sale where the minimum is spelled out
I have done short sales but this is the first time looking at an approved short sale, the listing agent says the offer price cannot be less than X.
So in the case where the bank has already approved the price...
Mark Wilson
Odd's of this Short Sale Closing
Greetings all. I am currently attempting to purchase a short sale and have the property under contract. I am not a real estate investor, have never purchased a short sale and am making this purchase as a primary res...
Eddie P.
Recent Short Sale Experience
Today I was informed the seller on a short sale I had been waiting 4 months for, will not sign the approval from the lender. It was a good deal for him, no deficiency or promissory note, just sign and walk away. Norm...
Rich Manfredi
Any DSCR lenders for STR that use AirDNA & allow seller financing for down payment?
Looking for lenders that service TN that will use AirDNA to determine DSCR for short term rental AND that will allow the seller to finance (second position) the portion of the purchase price not covered by the main DS...
Geoffrey F.
Help. Seller owes what the house is worth. What do I do?
Hey BP fam,Excuse my noviceness but I would love some of you folks that have more legwork to help me decide if this is a deal or a waste of time.Call from a direct mail1800 sq 4/2.5 bd/bth - $120k - $130k - Sold comp...
Maryann L.
Anyone care to chime in?
The dumbest Realtor in the Northeast. I can't even believe he got a license.
http://massrealestatenews.com/beware-of-the-short-sale-investorshort-sale-fraud/
Kaelyn Hearn
What is the Process like Buying a Short Sale??
Hi there,Can someone please help me understand what the process is buying a short sale? How much are the fee's? Can the purchase price be negotiated? What are the pro's and con's of a short sale?Thanks,