Jesse Ramirez
Do banks refinance HMLs?
In todays market do banks allow refinancing of a home originally financed by a HML?
Does personal credit and assets become a variable in this situation or are the numbers on the home the only thing that matter?
Kalonji Mitchell
Are Banks Holding 2nd's?
I was watching CNN last night and I heard Donald Trump state that Banks are so desperate to get rid of property that they are holding 2nd's in order to move deals? Has anyone witnessed this on a personal level? If so,...
Rich Weese
First Bank and Trust ????
I just received a Term Sheet from a mortgage broker on an apt project in Dallas area. It is from First Bank out of Palatine, Illinois. The terms make me nervous. Has anyone done anything with them? Would love a review...
Patrick Karbon
Bank Of America Facts?
Does anyone know the facts of what Bank Of America's plan is to stop the selling of forclosed homes? According various radio/tv/paper news, BoA has decided to halt the sales due to an overwhelming amount of poor reco...
Dan Favor
WHOLESALING WITH THE BANK
Anyone have any info on trying to make an offer on a bank owned property with an assignment clause As to Wholesale? maybe with end buyers proof of funds?
Taylor C
Bank Owned Condo Suggestions?
Hi,
There's a condo for sale that I might be able to get for a good price. Here are the specs:
* 3 bed/2.5 bath condo
* 2 story, 1200 sf
* Now asking $68,000 (from a recent $89,000)
* Taxes: $1072
* Insurance: $600
...
Ryan Mertz
BANKS dont research applicants?
I have been reading alot about mortgage fraud and I have to wonder why a bank would just believe whatever you put on your application? How is it that these criminal real estate rings can actually be able to go through...
Alex Locklear
Bank Wants Listing Agreement
I'm working with a seller and her lender wants to see a copy of the listing agreement. At this point, there is no listing agreement.
How should I go about this? Should I find the realtor I'm going to use to list the...
Account Closed
HAFA Lobbied By Banks
HAFA was most likely heavily lobbied by the banks to have the politicians sign off on this. As stated earlier it's another excuse for the banks to harm the homeowners and make more money be getting the home back quic...
Scott R.
will bank allow this?
So im in CA with a ton of foreclosures, no cash of my own which is fine generally, but issue is most people are upside down here so they cant owner finance out. I started wonder if a bank will do this or not.
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