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For the Buyer S H O R T (So Highly Obnoxious Real-estate Trick) sale is the world's biggest black whole with a complete lack of transparency for the buyer. As the buyer you will know very little on the status of the ...
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I am just in the beginning talks with a motivated seller. He is 2 years behind on his mortgage. He has not been issued a foreclosure notice. From what he told me, the bank is willing to do a short sale and he woul...
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Hello all,I live in Texas. I recently had a call back from some letters that my wife and I sent to some pre-foreclosures. The auction is on February 2nd. We planned a meeting with the seller tomorrow. Here's the catch...
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There seems to be 2 schools of thought when it comes to short sales as it pertains to the MLS Status (Active, Backup, Pending, Closed). Specifically when the listing agent receives an offer on a short sale. However, I...
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Hi BP friends,Kind of getting lost as to where I stand in the short sale process and getting tired of waiting.Received a accepted offer by the seller for 86,000 and the asking price was 107,000. It has been over 5 wee...
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I have a motivated selling with very limited option right now, she upside on her loan and I review short sale as an options for her. Now my questions (I’m still new in this game) is how do I start this process to get ...
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... and the seller was at the closing. The last 54 houses that I purchased were all from banks. It was weird to see a seller at the table. Kind of like the old days. It was nice to actually talk about the house and as...
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Had a short sale deal,used an agent and had an okay on the price with the seller.About 2 weeks later house went on Auction.com,bought it on the court house steps for about $ 4000.00 less.Go figure that one out.
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Good Afternoon BP. Currently searching for what will be my second investment property in the Baltimore county area. Came across a disclaimer in a listing (on a property that passes all my initial criteria with flying ...
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I am looking for a primary residence for myself with an eye on not selling it when I move to a nicer place/life circumstances change (job, marriage, etc). I am trying to purchase a 3bd/2ba that typically rents for $14...