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Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
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Most Common Incorrect “Facts” by the Inexperienced
1. It’s “illegal” to purchase a property without the approval of the existing note holder (subject to)
2. If a property owner stops paying on a note the lender just...
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We are hearing about some municipalities and counties across the country halting evictions because of the Pandemic. OK, I get that. Don't like it, but I understand. So the next question is: will mortgage lenders al...
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The new law the SC Governor just signed makes wholesaling illegal.It has 3 parts.1. It defines wholesaling2. It says you must have a license to wholesale.3. It says a licensed realtor can't wholesale.No attorney is go...
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I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...
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Hi my cousin was getting calls from investors wanted to buy a vacant lot and the investors said it’s going to sheriff sale. My cousin thought he was being scammed because he said to these investors that his mom didn’t...
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Are any Landlords enrolled in the new US government Rental Assistance Program? I read some Landlords do not want to participate with their Tenants because of required financial information/disclosures to the governmen...
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Try to make this short and to the point. I have a realtor/ Property Management co that manages my properties in Pennsylvania. recently another real estate/ property management co. bought them out and merged but kept t...