I have been tracking a property for a while and the Trustee's Sale has been posponed 3 times.
The sale is now set for 5/30/08. The reason for the postponment is a Chaper 11 that was filed in 11/07. The Chapter 11 ca...
Closing this morning on a Short Sale transaction with two lien holders and an HOA lien that has been over 9 long months of crazy ups and downs. I was already in escrow on this at the BP Summit...that is how long it's...
Hi All, I have found multiple threads on here regarding wholesaling a short sale property but a lot of them seem to have mixed reviews whether this is legal or not and most are those who are doing it are outside the s...
Investment Info:
Single-family residence wholesale investment in Kent.
Purchase price: $370,000
Cash invested: $10,000
Sale price: $450,000
JUST CLOSED on a wholesale deal here in Kent, WA - here...
Hi all, I have a property under contract.
Title company discovered $14k in judgments, they are trying to see if that amount is correct.
- Is there a way the seller can back out if he decides not to pay them? Im no...
- Purchased strip mall in 3/2003 in Chicago, IL for $4,800K- Sold it in 11/2017 for $4,660K- Closing costs for purchase/sale $600K- Capital improvements $300K- Total depreciation claimed over the years $2,300K- H...
Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
So let's say that you've got a house for sale and you accept a buyer's offer contingent upon the sale of a property they own.Then you get a cash offer from another party wherein their Realtor tells you that in your st...
Hi everyone I have a question about pre-foreclosure SFRs.
1. Is it possible to wholesale a pre-foreclosed property and save it from going to auction?
2. If you get a response from a direct mail campaign to homeowne...
The last several Wholesalers I’ve worked with had the buyer pays all closing cost in their canned contract as though it’s a given rather than negotiable. So my question is, is it common practice to just assume buyer p...