Ti Hon
market value vs. default loan
Hello everyone,
I have read many posts .. if not all for the last month or so .. but still quite not comprehend why banks are listing REO properties at market value ( at least in State of California ) eventhough I ha...
Sarah Sheaffer
How low can I go on an offer for multi-family?
I’ve been looking for multi-family properties in the Tampa Bay Area and every property I analyze cash flows under 6%. I’m at a point where I want to start making offers at what I think is reasonable (closer to 9% cash...
Tom Juhn
Analysis of Duplex in rural area
I am looking at a duplex in a rural area of Northwest Indiana. The SP is 148,000. The annual rents are 16500.Taxes are 4300. Insurance is $1200. My concern is two fold:
1. Finding tenants in rural areas. Does anyone ...
Kevin Barrett
Short sale approval letter
I am working with buyers on a short sale and they have an accepted offer with the seller and the short sale negotiator informed us that bank accepted offer as well. Short sale negotiator office was suppose to send buy...
Account Closed
Refrigerator?
I am putting my 3/2 sfr up for sale in a few days. It has a brand new stainless steel sink and faucet, a newer dw, a used smooth top stove, and no fridge. Will it sell better, faster, higher, with a fridge? The one I'...
Account Closed
Banks taking REOs back off the market???
http://www.msnbc.msn.com/id/39467220/ns/business-real_estate/
anyone hear about this?? i hadn't until today. i put an offer on a REO and the agent took it off the market shortly after. when i asked why, this articl...
Carol Hall
Newbie with finance question
I have been pre-approved for $50K investment property mortgage through Navy Federal Credit Union requiring a 25% down payment, I have $10K in savings account, I have two business credit cards with a total value of $25...
Abhijit Joshi
The Right Place At The Right Time- What RE Investing Can Offer
Dear Potential Investor,I would like to preface this story by saying that the events in this story fell in place by chance for this to happen. I am fortunate that I was in the right place at the right time. It could h...
Glen Gallo
Where is this market going
Having been in San Diego my entire life I am perplexed by the rapid growth over the last year. Hot does not even begin to describe it. My daughter is interested in buying. I understand that it is a sellers market. The...
Mario Am
How do realtors get most of their buyers leads?
Hey.I flip houses, I am thinking about getting a license just to list my own properties..I know i need ti be under a broker.Was really curious, how do mostly agents get their buyers for their listing? Do they just lis...