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My husband and I recently decided to make an offer on a short sale property. We submitted our offer on January 11th expecting full well to have to wait awhile to get any sort of response. We were notified on the 14th ...
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Hi BP I have a situation and need some advice on how to deal with it...I'm interested in a property that is up for sale with a short sale. The agent held an open house. I went and it seems like he wanted me to use his...
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Looking for short term loan of $10,000 that will be paid at closing. Payment is needed to the buyer of the house and will be paid by the seller of the house at closing. Was hoping somebody could point me in the right ...
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Hello Everyone!
I am a new investor looking to get into Airb&b short-term rental...
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Hello everyone this is my first time purchasing a property in a short sale and I don't know the ins and outs of this type of purchase. I have a contract to purchase a short sale single family home for 65k the rehab is...
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It has been 80 days since I made an offer on a short sale house. I have a 90-day contingency for the bank to give an approval. I feel the seller is playing games with me. About a month back , her agent told mine that ...
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Could someone enlighten me on the tax implications for the homeowner of a short sale. My understanding is that if they had refinanced there would be a 1099 issued, but if it was the primary purchase loan there would b...
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I have a seller that owes $46k on a house. He wants to get rid of it so bad, he'll sell it to me for $40k which is a good deal on it. He will bring $6k to closing table to make up difference. Would this count as a sho...
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Hello all, I will be looking at a few homes tomorrow and one of interest is a short sale 2 family home. I have done research on a Short Sale, but in simple terms what exactly is it? Is it a good idea for a first time ...
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Hi,
I know someone who is through a short sale, as a result, his credit went from 750 to now 540. He is concerned with what's going to happen with his credit when the short sale is over.
Other than the foreclosure ...