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Results (2426)
Luiz Souza Foreclosure Starting Bid
5 July 2012 | 8 replies

Who decides what the foreclosure starting bid is?
How can you be ahead of the competition and have accurate information/numbers prior the sale date?
Anyone here buying at the courthouse steps? if so please share you...

Mike Cesa Pre-Foreclosure - Negotiating Down the 2nd Mortgage
26 September 2016 | 8 replies

Hi everyone.  I am a newbie, and I have been looking at pre-foreclosures.  I found one I am interested in with these numbers:ARV: $550,000Loans: $350,000 1st$150,000 2ndIf this property goes to auction, does not sell,...

Marc Dufour Tenant has to sign on move-out form?
19 March 2014 | 2 replies

I am using the Nolo forms for my rental properties in California. I noticed that both the tenant and the landlord have to sign during the move in AND the move out inspection. Really? What if I write what's damaged dur...

D Brown Short sale question
13 April 2010 | 3 replies

Hi

If the lender has approved a short sale and has indicated it will issue a discharge of mortgage to the borrowers, release the 1st lien position the lender currently holds, and will issue a 1099C, does that mean th...

Corinne Faivre HELP....Underwater and in foreclosure
29 July 2013 | 7 replies

Here is the scenario. The condo has a first mortgage for 156k with BofA and a second for 29k with Green
Tree. The loans are baked by Freddie Mac. The condo is only worth 50k at best and is rented for $895. PITi is @ $...

Kruti Shah short sale
17 October 2013 | 16 replies

We bought a short sale property and are in escrow - 7 days away from closing. The sellers are asking for $1500 to move out else they will void the deal - can the sellers do that? Buyers in escrow are not at all protec...

Carlos Flores Assuming MF Fannie Mae loan. Lender wants certain rights waived
28 May 2014 | 3 replies

I am a principal in a 100+ unit multifamily deal where we're assuming a Fannie Mae Non-Recourse loan. Two days before closing the lender's attorney wants us to sign docs waiving any benefit of discharge under Chapt...

Julian Wells SHORT SALE
19 February 2009 | 4 replies

Can someone explain to me in dept, what a short sale is.

Eric Cruz Wholesale deal question
29 July 2016 | 4 replies

So.........a first time flipper contacted me in Baltimore about selling a house that they fell way behind on and had to take general contractor to court which took a year, they finally settled and finished the house. ...

George P. When 2nd is wiped out at foreclosure sale
20 January 2010 | 4 replies

When 2nd lien position mortgages are wiped out at the first mortgage foreclosure, do the banks (note holders) have a right to file a deficiency judgment agaisnt borrower in order to try and recover their loss (at leas...