I ran across a short sale. It reads the short sale is approved at $200k. Non-negotiable.My understanding of the short sale process was that it is approved to a specific buyer? Does this mean someone else was trying to...
Hi BPs, Fortune brought me a motivated seller with a nonconforming garden unit, some may say illegal unit. Who am I to say?I read about the code requirements, and de-conversion risk. It can be as easy as removing the...
I will be meeting with a seller of several rental properties. Her husband just passed away and she would like to sell 12 rental properties. I will be visiting with her to find out what she needs but I'm guessing she j...
Hi,My husband and I are first time buyers (not just investment properties) and we recently put an offer on a duplex. The inspection report came back last week, and as expected for an older home, there was a lot. We su...
I am just wondering whether it makes sense for a buyer to give an offer less than the price posted. Based on my understanding of short sale, the posted price is lower than the value of the property when it was pur...
Good morning to all , I am reviewing homes and came across some foreclosures and wondering g if you can negotiate the price. The comps show I have to pay a lower price in order to be a good deal . Not sure if you can ...
We are selling our primary home in a very hot San Diego market. We received multiple offers, pushing the price 40k+ over asking. Accepted offer came from a buyer utilizing an appraisal gap clause to offer an addition...
Any advice or suggestions when negotiating off market multi-unit deals?Bought a duplex and owners have 7 more on the same street open to discussing. There was a bidding war in the first one so I want to avoid them go...
As a buyer of a short sale property, I just learned that there is a 3% short sale specialist fee, which the buyer is responsible for paying. This fee adds up to $18k, which seems very high to me. I didn't hire the sho...
Hey All,I am considering the purchase of two properties from a flipper.I can get both subject to, but the flipper also wants a cash premium on top of that (which I understand).The flipper is asking near retail for bot...