Does anybody have experience with putting in offers to an REO owned by GMAC?

I have found a property that really catches my eye. It is priced at $29,900 and needs around 25-35k in repairs. I'm waiting on comps back f...

I am interested in buying what is now a one level commercial site, to build six condo units.Currently in the alley next to the building there are about three utility poles up against the side of the property with a lo...

OK, here we go again!! Just received an approval letter from GMAC with a clause that reads: "THIS TRANSACTION MAY NOT INVOLVE A THIRD PARTY WHO RECEIVES A DEED PRIOR TO THIS CLOSING OR AFTER THIS CLOSING AND BEFORE R...

Please forgive me if this question has been placed in the wrong section as I do apologize in advance. If it is not in the right place, please guide me to the right area. I was looking for information yesterday about l...

It gets worse. My Gmac mortgage was sold to Ocwen a few months ago. I just got off the phone with them...and the Indian guy tells me as of January 2014 my mortgage will go up $200 due to my escrow being negative......

So here's the facts...

The house failed to sale at the trustee's auction on November 20th of last year. At that time the amount to "payoff the obligation secured by the deed of trust" was $317,446.97 and the princip...

Just signed up with the company a month or so back and would like some insight from people who are with them now. Have you found it to be as good as they claim? Are you making the cash they claim? How long after you s...

Loss mit is no help ("GMAC doesn't sell notes."). Sale is Thursday. Is it too late to buy the 2nd on this property (at a discount of course.) Does anyone have a better number than loss mit to call to offer to buy the ...

It is late in the day-i tried to contact them earlier but probably wont get a reply today. Has anyone on here ever dealt with them? Will they do loans on income properties? What about short term loans for rehabs? Dan ...