MAIN SUB-PRIME LOSSES SO FAR
Merrill Lynch: $22.1bn
Citigroup: $18bn
UBS: $13.5bn
Morgan Stanley $9.4bn
HSBC: $3.4bn
Bear Stearns: $3.2bn
Deutsche Bank: $3.2bn
Bank of America: $3bn
Barclays: $2.6bn
Royal Bank of Scot...
I want to request that deficiencies be waived in my contract to purchase. Anyone that is using this in their paper work, how should I state it?
Thanks for any help!
Hi all I've found a FNMA owned home locally. They've owned it since 2014. It's the kind of house I've flipped successfully in the past, but they are asking too much for the market. I've never offered on a FNMA be...
Hello, I have searched the forum but do not see what I am looking for so hopefully someone will lend some experience here.Here's the story: I listed my home and accepted an offer which I stated was my last and final w...
I'm very new at property ownership in all forms, having bought my first house, a duplex, in November 2021. I took an out-of-state job shortly after, which had me move last May. I converted the property from the prim...
This is my first short sale. I put in my offer and it was accepted by the seller. Now, I have to wait until the bank approves the offer. So, here I thought my all cash offer with a 30 day close would be a quick turnar...
Hi! I am a newer to real estate investing but def understand the potential benefits of writing off W-2 income with passive loses. My spouse and I have completely separate finances. He is starting to make more and we r...
I bought a house that had hidden, but major termite damage. I got it at a great price. And I should have turned right around and sold it at a fire-sale price, accepting my loss up front. Instead, I held onto it for...
I know this is equivalent of asking someone to throw darts in complete darkness, but as I'm researching I'm finding that Banks/Investors have at least some initial approach when contemplating where to set their val...
I read quite a bit that it is better to leave a unit empty then to fill it by lowering your standards.
The economics would suggest otherwise. An empty unit equates to an 8+% drop in yearly rent for each month empty,...