hey people a question - do you have any way of knowing, even approximately, how much equity your lead has in his property?after you finding out his purchase price, what mortgage he got, refinanced or not - is there an...
What are the qualifications for an assumable HUD loan? I have ran across a multifamily complex and the owner states thay have already went through the HUD process and the HUD loan is assumable. He didn't know specific...
What process is it to add someone to a mortgage note, or have someone take over a note?
I'm wholesaling a property. Have a cash buyer, who happens to own a mortgage company. The property still has a note on it, & he wants to assume the note.Has anyone ever dealt with this before?
For some background info I just closed on my first home using a VA loan . I’m currently house hacking and mortgage is covered and then some . I have a coworker who is eager to sell her townhome and she is willing to h...
I am a field service rep and I spend all day talking to people that are behind on there mortgages or inspecting vacant houses. My question is if I have someone that is months behind on there mortgage payment and has a...
How does one go about assuming someone's mortgage with a better interest rate when purchasing a property?
I've been drawn to some B-C class townhomes in the greater Birmingham AL area and I am wondering if this place is a deal or not. The area is prime for growth and property appreciation. The townhome is a 2 bedroom 1.5 ...
So my grandmother is 80 years old and just stopped working officially last week.She owns a home and stills pays a mortgage on the property and since shes no longer working,does not have the means to pay her mortgage a...
I have a property under contract for $300k. I will be assuming the mortgage of around 274k, and the rest will be under a contract for deed. The title company doesn't seem to be as familiar with these types of transact...