I received the following message from a Wells Fargo Negotiator regarding a short sale I am working on.

I received a reply from the MI company on this short sale request. They are requiring the seller sign a promissor...

Hey yall, Ive come upon a few 80/20 loans that were written by the same bank and was wondering if there is any different way of dealing with them. Seems to me they would have to go as a normal short, but I wasnt sure...

Can't seem to find this thru search. In researching tax liens for upcoming tax sales - what happens if the property is in a bank foreclosure process that has already begun? property tax liens take precedence over all ...

Hello all,

There is a home in my neighborhood that has been forclosed and I think it would make a fantastic rental property. I contacted the listing agent (found this on the window of the house) and he said that the...

So.........................................Here's the deal.

I know a really really really smart guy. He's what I'd call an 'actual expert' for Bank Of America.

Well, recently, I went to him and said, handle all my...

I've bought at Sheriff's sales before, but only firsts. Several times in just the past few weeks, I've seen a major bank holding both the first and second mortgage foreclose on the small second but not the big first. ...

I understand my stocks all go to zero, does it also mean my note is due? If this isn't the right place for this question, please redirect me. Thanks in advance!

Hi all, If I were to buy a note directly from the bank, Then how do I figure what to offer. Does the bank do a BPO? Or are they taking the value from the amount owed on the note. If the Value of the House is not near ...

The government spent billions of dollars to bail out the banks in hope to stabilize the financial infrastructure so bank would start lending again. It seems to fail for the most part.

Wouldn't it be better if the gov...

I am looking into purchasing a tri-plex rental property and could use some advice when it comes to making an offer.

For starters, this home is a bank repo and has been on the market for well over a year. The home is ...