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I would like BP's advice and another set of eyes to look at my deal. I'm considering putting an offer in on a short sale in TN and need help determining the offer.
The house in question has been on the marke...
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I am currently scoping an investment property in a large development; approximately 1,000 home built within 5 years of one another. Several homes in this neighborhood are listing well below comparable value...are t...
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I've been representing a client the last few months on a property that we've been trying to negotiate a short sale on with a mortgage servicing company. It's been about 3-4 months. The property has been off the marke...
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I have a short sale prospect that I am working on. I was going to use my realtor for both buyer & seller. My realtor was going to do all the paperwork and the negotiations.
The seller has indicated they w...
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So I'm a little confused on short sales right now. What I knew about the basics of a short sale are as follows:
short sales occur when the lender agrees to accept a payoff amount that is less than what is ow...
I have a friend who wants me to do a short sale on their house. I wouldn't be the buyer I would just be helping to get the house sold. Now if my understanding is correct I would need a real estate license in order to ...
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I am looking into buying a short sale property. There is some water damage due to an incorrectly installed roof. I can easily fix the roof and the cosmetics caused by the leaks. My worry is that the short sale co...
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Hello All,
I recently looked at a short sale single family and thought the circumstances warrant discussion.
The home owner hired both a realtor and a negotiator, the rub is that the buyer has to pay the costs of ...
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Hello,
Short sale List Price 110K
Final Asking 115K
Potentential Final Offer 115K
Immaculate, custom, SFH, short sale, no repairs needed.
Taxes 1400 per/yr
HOA 150 per/yr
Prop Insurance 700 per/yr
financing ...
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Curious if anyone has had any recent experiences with Wells Fargo short sales. I know the cooperation of the banks changes over time. I am just getting started on a Wells one and curious if I am in for a fight or not.