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My grandfather passed at the end of August with a reverse mortgage in excess of $850k on his home that was recently appraised at $585k. HUD has informed us that they'll accept a short sale for 95% ($557k). I had the t...
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Just need a couple books to help my negotiation skills
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I’m in the process of buying a home (house hacking SFR).I made an offer contingent on walkthrough and inspection, the seller was out of town so I made the offer with the goal of seeing the house when the seller gets b...
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I believe I understand the basics of seller financing, and the pros/cons for the seller and buyer. However, I would like a little help breaking it down. Given the 1% rule, I would figure most houses where the owner ...
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Hello fellow BPers,I have a pre foreclosure under contract that has 18k in back payments. The lender is stubborn and has told the seller that they will not budge on the back payments. I have been through a couple of...
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Hi, I am looking to buy multifamily residences in the Dallas, Fort Wort area. If you have any leads or know of landlords who may be interested in selling let mer know....looking for good deals....cash!ThanksJoan
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I'm sure a question like this has been answered but I wanted to formulate the question on my own.I have been working since I graduated college and work for a defense contractor and I feel its a job that could take me ...
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Help plz!!! I am new to real estate. I have been learning about real estate for the last few months. I have listened upto podcast # 83 so far. So I got some books name from there. I need name of few negotiations book...
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I'm hoping to get the opinions of folks in the BP community on how best to use contingencies (inspection, appraisal) as negotiation levers. 1) Is there a circumstance where you wouldn't renegotiate price if an apprais...
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Hello allI have a scenario i need advice on. I found an abandoned property while driving for dollars. I was able to get in touch with the owner and they are willing to sign it over for $1000. The catch is that there...