We have a seller who has POA for his mother. They have a home with a reverse mortgage and the home is currently upside down. The home has damage from a hail storm in 2012 and they have been involved with a law suit...

I have a question(s) regarding EMD: How much should I ask for from a potential buyer? (I heard that 1% - 2% of the purchase price is ideal).Where does the earnest money go, when all is said and done?

Hi everyone I have a question about pre-foreclosure SFRs.

1. Is it possible to wholesale a pre-foreclosed property and save it from going to auction?

2. If you get a response from a direct mail campaign to homeowne...

I am in the process of purchasing 3 properties all right next two each other. 1 multifamily and 2 commercial office space of which we plan on using a significant portion of for our medical practice. Coming up short on...

About to close on our first deal. It's a 2 bedroom 2 bath 895 sq ft condo. We want to maximize occupancy. If we furnish the condo it would give us the option to Airbnb it between leases. What are cons to leasing a fur...

Hey all. I have a motivated seller who said he doesn't care about his credit or a foreclosure he just wants some money in his pocket. He has a vacant property 3 bed 2 bath 1190 square feet, huge base and backyard. ARV...

I am in negotiations with an owner (son of deceased) who has recently inherited a home through a living trust. Before the original owners (parents) passed away they had fallen behind on their mortgage. Now the propert...

I am involved in my first Short Sale negotiation and the currnt lender to the current note holder requested that I submit a contract to purchase the property to the current note holder.

The current note holder will s...

Hello,
In a short-sale negotiation, when the lender says it wants to "net" a certain amount, what is the relationship of the "net" amount to an "offered amount"?

Brodan38

I have a client coming under contract. They owe 380K on a property the comps in the area are currently 410K. They want a buyer who will buy the property outright. How can I help them? How can I get the bank to acce...