I have a question regarding probate vs lis pendens. The property goes to the judicial sale (homeowner deceased, left balance on the mortgage) but looks like there is a probate involved as well (probate was recorded a...

Hi. I am currently in contract with a duplex in CA that was built in 1938. Roof and foundations are good. The plumbing seems okay but no inspection yet. The owners are set to foreclosure on Monday, October 28th. We fo...

I just was made aware that the Colorado legislature will be voting on House Bill 19-1118 tomorrow which extends the amount of time for you to be able to make a demand for rent before you can begin eviction proceedings...

found the probable base cause of the recent downturn in foreclosures

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Press Release

FDIC Statement on the Status of the Legacy Loans Program
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I have been working a loan in Georgia for 5 months and the borrower has finally come to terms with the fact that the lien on her property is indeed intact and needs to be addressed. We have filed for foreclosure and t...

Hi there all,Recently I made the big decision to postpone college for the next year and focus on building up my financial literacy and real estate. I see where I want to be in the short term and long term, however her...

Greetings all,So I found a lead in NJ that is in foreclosure and has a scheduled sheriff's sale date within 2 months.The seller owes the bank $180,000. The ARV on the property is about $280K-$300K. She probably needs ...

Hello BP! I am Chris and I live in Holden MA which is the next town over from Worcester Massachusetts.

I bought my first investment property in 2006, a townhouse triplex. While we probably overpaid at the t...

Hi BPs. Please help. I have a friend who just receive the trustee notice that his home is going to be auction 6-25. He did not paid mortgage for more than 6 months and during this time he trusted 1 of those loan mo...

If you could borrow 50k for 5 years at 8% simple interest with monthly payments or 50k and 9% compounded annual interest, with no payments until one lump sum at the end of 5 years, which option would you choose and why?