Can you do a sub2 with a short sale?
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Hey guys I am just getting started into Wholesaling and I wanted to know how do you negotiate a deal if a house has a mortgage on it? If someone can please give me a scenario of how to deal with a house that has a mo...
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I have a rather creative investment strategy that I am seeking opinions/feedback on where you can both flip a short-sale and be the bank at a high APR without ever lifting a hammer. I wish for feedback from others to...
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Common wisdom may argue that REOs are better deals than short sale. The market have been exhausted, the auction didn't produce results and now the bank is with the back to the wall trying to get rid of the property. W...
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No, I'm not talking about that human relationships book from the 60's. I'm wondering if there is some BS going on in the real estate market or if I'm just overreacting.
Case #1: I submitted an all-cash offer on a sh...
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Those that are flipping in Cali, are you using the option contract? Or standard CAR forms like the NOD Purchase Agreement?
I was just wondering...if there is an OPTION recorded for X investor, will the short sale len...
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Pre-Foreclosure property. Seller is behind $24K and the Bank states buy out is $491K. Seller purchased home for 340K in 2005 so that buy out seems very high. Monthly payment is currently $1700. Property value is estim...
I realize that working directly with a motivated seller on a short sale is probably what most people would recommend. But I can't help but wonder about all these short sales I see advertised all over the MLS & int...
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Hello BP.
I found a property I'd like to buy that is a short sale. The day I was ready to make an offer I called up a listing agent and asked for offer instructions. He said the property is "gone" meaning he has a rat...
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The house was listed @ $100k, and I offered $140k. The bank counted to $150k, so I increased my offer to $150k and my cash offer was accepted in June. Contract was signed, both earnest money and fund proof were acce...