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I am in negotiations with a personal representative of an estate to purchase a home owned by the estate. It would be a short sale.I know standard policy of a short sale is that seller cannot be allotted any funds by s...
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Short-sale approval obtained a while back... it's Friday, closing is Monday.Purchaser had something come up and now wants to buy a different property and have his "friend" slip in and close on the deal. Assuming the r...
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One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
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Thanks in advance I am new to bigger pockest and I am in the process of purchasing a Short sale home from B ( I think that is what the term is) A has moved out. We are supposed to close on june 10 but B has yet to get...
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I need some advice from you guy. A problem has come up and this feels like the place to turn.
I have two offers on my house after nine months on the market!
The first one is, (was,) due to close Sept 15th. These b...
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Hi my name is Troy a REI out of St. Louis, MO. Does any one have a Missouri Purchase and Sale Agreement and Assignment Clause they could send to me at:
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I have a new client with a non-owner occ home. It is upside down 50% and negative 50% per month. He's thinking of short selling it but I have been told over and over again that banks do not negotiate short sales on no...
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Looking to purchase a rental house with a 1031 exchange. Would you recommend buying a foreclosures house. Or will the timing be a problem? Having 180 days to close. I don't have any experience with foreclosures.
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Hello everyone, this is my first post. Glad to be here. As an agent, I've handled several short sale closings. After several painful deals, I came across a local investor who wanted to partner up. Her expertise was al...