Tom Kairys
Can the bank take the money from will?
Hello BP,
My wife’s sister-in law passed away last year after battling cancer for a year. She lived in Lemont, IL. Her will states that her money/ cash goes to her husband 30% and to her mother 70%. Instead of just gi...
Bill Robinson
Single bank with a geographic cluster of foreclosures
I am not sure if this belongs in the "Bulk REO" forum or not.
I know that there is a single bank (a large one) that is listed as the current owner of quite a few properties in a very dense area. Many of these propert...
Account Closed
2nd mortgage BANKs now to be BAILED OUT!!!
Mr Mortgage:
"Added last minute to the underwater refi, Fannie/Freddie, FHA, Wall St, Foreign Gov’t, Washington DC, bank and investment bank bailout was a ‘2nd lien provision’ making the 2nd mortgage holder an equity...
Peter Pil
POF question: own bank statement vs. trans funding
Hello,
I plan to send an REO offer with my own bank statement as my Proof of Fund yet if the offer is accepted and happened to be under contract, I prefer using Trans Funding meaning the real money will be from d...
Account Closed
Finding the bank prior to public REO listing
How does one find the bank prior to an REO public listing?
Depending on how and where you invest, IRA and where your life insurance etc invests, you may be part owner in these REO properties.
I have been trying to e...
Brandon Schlichter
Finding Delinquent owner, then acquiring note from bank?
Hi there, wanted to know the process and if any of you have delt with this (I'm in Ohio for reference).
I've located a property, the owner is delequent on his payments. I have confirmed this with the bank, the bank h...
Mohammad Ali
reo w/ Bank of NY...how to purchase
Hi,
This is my first time doing a REO...there is a property that I am interested in..it is worth about 990,000 according to comps...it went to the bank on October 11 for $730,348...how would I go about purchasing it.....
Joshua Dorkin
Bank of America in Talks to Buy Countrywide
Big news hit the mortgage world today. It looks like Bank of America is in talks to buy Countrywide:
http://biz.yahoo.com/ap/080110/wall_street.html
Thoughts?
Toni D.
Going to Bank Directly to purchase distressed property
Hi,
How does one approach the Bank (BofA) to purchase a property that is already under but no NOD has been filed. Has anyone attempted this process?
Thank you!
Joe Edwards-Hoff
US Bank REO for me and my family
Hey all,
I've been reading and listening to books for so long on real estate investing and now that a possible house is here I feel like I've forgotten everything that I have learned...
My dad sent me to a link for ...