Hi Everyone,
I live in Oregon and we're one of 14 states that has foreclosure consultancy laws. I've been told by my title company that I can't perform investor short sale transactions due to these laws.
Verbiage i...
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We are trying to find a way to buy a $550k-$600k house here in S. Florida (assume $417K conventional) with 10% down not the 20% down that is required for a jumbo, to avoid PMI doing an 80/10/10. My 10% isn't enough ...
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Whats the easiest way to learn the short sale process
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Hey guys,
Question, I am trying to buy a short sale property and the seller wants to take my offer which is a lower offer than someone else’s but I am offering better terms specifically I am allowing him to stay in t...
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Hi all;
I am looking to do some wholesale deals with simultaneous closings. I remember hearing an investor mention doing it this way:
write up a p&s contract with the seller with your name and the buyer's nam...
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Homeowner with equity in home, who wants to sell property, asked me for a deed in lieu, but I am a wholesaler and I don't know how to talking to a lender to negotiate on his/my behalf.
Home is comped at $1...
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I'm looking to buy a short sale and wanted the realtor from Keller Williams to cut the commission to 4.5% as a transactional broker. Also the listing agent is taking the 3.5% and leaving 2.5% of the 6% commission he i...
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Is there any way to avoid accidentally wholesaling a property that’s a short sale? I’m guessing that it’s not common for a seller to lie about a pre foreclosure turning into a short sale.
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We have a contract to buy a home for the payoff amount. The title search found a Subordinate loan with HUD for 52000.00 (aka: HUD partial claim). The house is not currently in foreclosure. The loan was recently caught...
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Hi everyone! I am currently helping a buyer purchase off market properties in Passaic County. I found a motivated seller, and we agreed on a price after the seller explained that there was no mortgage on the house or ...