Art Marzan
short sale..
A family member is in hardship and considering a short sale.
First loan from ASC is $271162.40 and second loan is from Ocwen
at $68,126.28. I would like to bail him out and is willing to pay 76%
of $340,000 balance. W...
Dan Burrows
Short sales
Has anyone been very successful in either buying the note on a second mortgage or shorting a second while leaving the first in place?
I have a situation where the property owner owes about $235K on a first and $80K on...
Garris Covington IV
Short Sales
Hello,Big Pockets family members, Garris Covington here in Kenosha, WI. I am a newbie to the investing business. I have my first offer in just waiting to here back from the realtors. Lately I have been coming across a...
Rich J.
Short Sales
I received a call recently from a lady whose son and daughter is inheriting a house from their grandfather, along with a mortgage for $123,000. The son, I’ll call him Joe, is 19 years old and was named executor of th...
Brian Wimpelberg
Short sale
I am in contract for a short sale home in Florida. I am at the final step I believe. The bank counter offered, which I met the counter, and the file went to negotiator for approval, on a scale of 1 to 10 whats the cha...
Anton Taylor
Short Sales
I'm a a new investor. I have heard a lot about short sales and the abundance of opportunity there may be in investing in real estate through this method. Is this a good starting point as a new investor? An what are th...
Andrew Spencer
Short sales
Are you able to wholesale a pre-foreclosure property without legal issues with the IRS and FBI for fraud?
Emerson Miranda
Short Sale
Dear Investors,
I'm going thru my first Short Sale, and I already have a Realtor looking into the details of the deal.
Should I get an Assignment of Contract from my Seller? Any templates I could use...
Kelly R.
short sale
I am working with a realtor to buy a short sale house from a company that has an agreement to sell short sale properties for Bank of America, and am running into some problems before I'm ready to make aoffer. ...
Esmirna Maloon
Short Sale
Hello, i have a short sale that i got from a friend who is the executor of a NJ property. I spoke with the bank and because i disclosed that she is my friend they said i wont be able to purchase the property. Will a c...