Hello All,Relative newbie here! I am seeking information on a short sale in CT. How exactly do these work and is there much movement on the price listed?If, for example, the house is listed at $200,000, could we bid a...
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Hey there,I recently went into escrow on a property, and decided to cancel it after a few days. I thought I could find a better cashflow property around town.Now, a few days later, I regret my decision. Looking back a...
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Looking to put a offer in on a Fannie Mae / REO property.This 4plex has one accoupied unit,is in need of some cosmetics repair possibly more, asking price 379,000 would like to get it at 70% of asking price any sugges...
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Hi all,
I currently own a single family in New Haven. The plan was to rent it out and house hack a small multi family as our next investment. However, we received a call from an investor offering us pretty much doub...
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I had an investor send me a purchase agreement that listed 45 days for the deal to be considered. Now the guy is telling me I have 24 hours to decide. Can he withdraw his purchase agreement that he signed within 24 ho...
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Hi BP, Can anyone recommend an agent for Durango, CO who is also an investor? Thanks!Allie
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I am currently working with a realtor to submit an offer on a short sale. The realtor said that the bank is only considering one offer at a time, and that my bid won't be considered unless the offers submitted before...
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To get started, I'm an investor that purchases commercial properties. In order to purchase these properties, I actively use private partners to help finance these deals.The question is the following:I have a 70 unit p...
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I'm a new real estate investor who has made an offer on two Indiana properties listed as short sale by the owner who is behind. The bank in question is IndyMac Mortgage (now under One West).
I've made somewhat low...
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Hi all,Quick question/poll on how much of a discount you can expect to receive by placing a cash offer? Is it fair to expect 10% off? More or less?Curious what others have seen. Thanks!