I am surprised no one else posted on this today! This is some scary stuff.

It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...

Just like another opinions.Option #1 So would you buy a house for say 35k knowing have to put in 30-40k to make livable. Could potential rent for 1000-1300. However now you know how the bones of the house is you repl...

what is the reference date to determine long term / short term capital gains for a real property?Is it the actual payment date? the sale contract date? or the vesting date?I tried to look it up but found nothing concl...

Hello, I need some clarification on what escrow means and when it comes into play, is the escrow period after the contract has been signed but before closing? and do all buying and selling real estate transactions inv...

Short Sales Plan closer to finalization

According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...

Hey  So I have been in negotiations on a foreclosure property. The property needs about 10k in repairs in the property. The price they are asking for I believe in my opinion is the ARV price. The Bank is offering a se...

We are upside down on our home in maryland. We owe about $475,000 but our house is valued at about $445,000 ~ $455,000 (on a regular sale). We bought it for $530,000 in 2007.
We are current on our payments but we are ...

I met with a realtor today who said she has years and years of experience in short sales and explained to her when I had been in investing years ago, I basically was flipping houses for quick cash. I would get a home ...

Friends of ours are going to close on a new house in approx 60 days, so they need to sell the small condo where they've been living. They've lived in this condo for 2+ years, so in order to sell it, they'd need to rep...

I am under contract to buy a property in TN that has a tax sale in its history about 10 years ago. The closing attorney is telling me the title insurance underwriters frown on this situation and may not approve it. We...