Has anyone dealt with a house that is a “short sale”?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 10-01-2012-05-2008

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Question by advisor20: Has anyone dealt with a house that is a “short sale”?
I put a bid in on a house listed for short sale – it’s in pre foreclosure. Our bid is only k below asking price. It’s been a week and I have not gotten any response from the bid. This is going to be my second time dealing with a foreclosed home and it ending up going nowhere. I’m already approved for financing. It seems like every house I look at is in foreclosure

Best answer:

Answer by Lisa L
The company holding the mortgage has to agree to the short sale so that could be the hold up. Be sure you have an iron clad agreement from the company also. The attorney handling your closing needs to be in close contact with the mortgage company involved with the sale.

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Any idease on how to make $3K quick?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 07-01-2012-05-2008

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Question by S.K. Company: Any idease on how to make K quick?
Im 13 and I have a small neighborhood company and I need K quick because I need to buy a new tractor and if I decide to buy a new tractor I want to buy a good one that will last and be worth the money. Anyway, I can’t accumulate enough money by working around the house and I need this tractor really soon! Any ideas? Please no negative feedback or any feedback like “do work around the house” or “get a loan” or “just don’t get a new tractor, or get a cheaper one” because A. Minors cannot get a legit loan, B. I just explained why I want to get a good tractor and that working around the house dosnt accumulate enough in the time that I have. Also please do not say “robbery.” I don’t want to go to juvy!!!

Best answer:

Answer by garkam1
The only thing I can say is since you are a minor and can’t get a loan, I can under stand your position. I think write out a business plan and show it to your parents and see if they will loan you the money. I know if one of my kids were serious about starting a business and gave me a good plan and I could tell they were serious, I would probably loan them the money.

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What supplies do I need to be a beginner-intermediate “Artisan Chocolatier”?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 04-01-2012-05-2008

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Question by xxphoenixx21: What supplies do I need to be a beginner-intermediate “Artisan Chocolatier”?
I love to design different truffles and little chocolate candies and was thinking of making some for the holidays and selling to locals from my neighborhood. I am looking for the best and cheapest places to look to buy new kitchen gadgets, chocolate, fruit flavorings, colors, bottles, etc. Along with cute 4 – 40 piece chocolate boxes and packages. Molds, foil wrappers, foil transfer sheets, decorating glitter, dust and candies, etc. I’m only guessing at what I need, but would love to hear from a professional “at home” chocolate artisan/maker about what would be essentials for making chocolates to tips on the making of chocolates. For ex., ways to cut down on messiness, easy tempering, making chocolate shiny without wax, holiday gift ideas or whatever you can offer.

The movie, “Chocolat” and “Charlie and the Chocolate Factory”, with Johnny Depp is my inspiration and hope to one day sell from my own little Chocolate Shop, but until then looking for original “homemade” assorted-artisan chocolates, truffles and complimentary candies/desserts.

Any help would be great!. Thanks a bunch! =)

Best answer:

Answer by The Fat Man
Practice, practice, practice.
Oh, you’ll need some chocolate too.

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I’m about to sell my house in New Orleans, and I have a question…?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 01-01-2012-05-2008

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Question by J-lynn: I’m about to sell my house in New Orleans, and I have a question…?
I have property in New Orleans that has a house (which has been gutted) on it. This property was affected due to hurricane Katrina. I’m not if that has any relevance to what I’m about to ask, but just wanted to mention it, because it has relevance in the reasoning of why I am selling it for such a cheap price.

I was contacted by a contractor who is willing to buy it from me. He is offering me much less than what the property/dwelling is worth. I am going to take his offer because honestly at this point, I just want it out of my hands. I own the property out right. I paid off my mortgage two years ago and there is no lien on the property.

Here is my question- he has been handling everything and says that my husband and I just need to show up to sign paperwork next tuesday. He says we are going to do a “quick sale” and that he will pay us right then and there with cash. (I’m assuming he means a cashier’s check and not literally cash) This whole process has taken only about two weeks. I’m starting to get concerned that maybe I’m missing something? I’m anxious to get this over with and I’m sure he knows that. I just don’t want to be taken advantge of even more so than I already am by accepting less than what the property is worth…
Is there anything I should know going into this?
What exactly is a “quick sale”?

Best answer:

Answer by kemperk
a; he means cash [bad idea--no paper trail]
b; a quick sale is a bank sale–not applicable in your case
c; he probably intends to FLIP it–he probably has someone else ready to pay him a 15+ profit.
[good for him.]

d; I would do none of this without using a title firm and if your state does not use
a title company to “close escrow,” I would hire a RE atty. It will be worth it.

e; I do not trust your buyer with a 15 ft pole.

LET a contractor handle NONE of the affairs. They are skilled at building and repairing
not in helping buy or sell RE.

HE might even be violating one or more state laws in TRYING TO Rep your interests
which is called DUAL AGENCY–when he can’t offer ANY agency without a license
for REAL ESTATE.

be very polite and hire an ATTY TODAY!

do not tell him that yet. LET the atty call him —or when you are pleased with the ATTY
skills/attitude, have the guy meet you at the atty’s office…….or have the atty
go with you to the contractor’s office.

Available to guide you further

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My cousin is coming for the summer.Please HELP?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 29-12-2011-05-2008

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Question by Yahoo answers!: My cousin is coming for the summer.Please HELP?
My cousin is 14 and I am 14 .We are both girls.! She came for christmas in 07.When she came for 2 weeks she acted like a total byotch.! I mean she kept being mean to me.!

Like one time I was trying to read a book and it was 8pm and we were sitting in my room and I had the light since I don’t have a lamp.She turned the light off and I would turn it back on and she would turn it back off.It got really annoying.!

Then like a week later we went shopping for christmas presents.She asked me what my family would like and every time I would point out something she would tell me to shut up.! When we went to go get my brother something (he was 7 at the time.) we went it to build a bear and she spent 20 dollars on him.When it was time for the check out,the lady asked would you like to sign up for stuff for stuff club,she said yes.When the lady asked her whats your address she said”I dont live here.” She lives in new york.She said like the b*tch she is.Instead of saying I live in new york,so the whole time while we were at the check she was mean to the lady.! Then when we got home she told my the check out lady was really mean to us and she had a additude with us.Which is huge lie.I wanted to tell my mom that wasen’t true but if I did my b*itch of cousin would have said that the lady was mean.

Before the same when we were still in the mall when it was time to buy me a christmas present.Keeping in mind she had one hundred dollars to spend.So she spent like 20 dollars on everyone else,she got me a subway sandwhich,and then made me pay for half of it.Which means she paid 2.25 for my christmas present.

Also she tried to make my brother jacob age 8,turn againts me saying lies about me saying how I hate him and dumb stuff like that.

She is so mean like one time we went to the park and we got in a huge fight so I said I am going home and that my cousin and my brother can go home together.They do know their way home.So on my way home I find my little brother coming down a huge hill,with out my cousin.I asked him wheres brittany,HE said “I don’t know” It turned out that she decied that she would go ahead and ride her bike super fast.My brother jacob was also on his bike.He said to brittany.”Wait up brittany,slow down you’re going to fast.” She turned and looked at him and then countined going faster. My brother was lost he had no idea how to get home,cause she made him go down a road that he didn’t know of.HE could of gotten hit by a car or maybe even kidnapped or really hurt.
so me and my brother are sitting at home then my cousin comes in.She said she went 2 streets down to ride her bike for like 20 mins.We had no idea and I really didnt care where she was.So my point is that she put my little baby brother in danger.!

Btw she is coming for 1 and 1/2 months.!

I really need help.?

I dont want her hanging out with my friends.
If I got shopping I dont want her to go.! Cause she is so annyoing.
I mean I bring lots of money with me when I go shopping,and she always ask for money.! I mean I dont mind giving my friend money cause they are acually nice.
all she every buys with the money is food.

I hate her so much.

So how should I avoid her.

Also I have to go back to school shopping,! I dont want her to come because if she does she will try to make my mom buy her something.! I also want to spend quality time with my mom.! Plus she will just hold us back and she will just say my clothes are ugly and just complain how we are taking to long.! I mean it will take like the whole day cause I need school supplies bars undies and clothes.!

She will just look at clothes and then make this depression face and then my mom will buy her something.She is my mom and not hers.I will hang out with her a couple of times a week but I acually have a life.if I have friends sleepover or have a boy come over I dont want her to hang out with us.She get super annoying.

Please Help me avoid her.

Best answer:

Answer by Good Cook
SHe has grown a lot since then and hopefully yoiu have too. Start looking at this in a positive light. My cousin and I went through the same thing every summer. We couldn’t stand each other. Then when we grew up she told me she was always jealous of me and that is why she was so mean to me. I reallly had not idea. She had me believing she hated me when all she really needed was more LOVE but I just didnt understand it at the time. You never know why people act the way they do. It is ALWAYS better to be sympathetic to them and be especially nice to them. That will usuallly do it every time. She will then start treating you different. They act like they want you to prove to them you can be their friend. That is OK too. If they want to believe they are in charge of the relationship that is fine. Two weeks is not really a lot of time out of your summer. Years from now you will laught at all these squabbles and wonder why you let then upset you so much. She is probablly dreading the trip more than you are. She is the one that is staying in a different house, with different people and will be subjected to different people and different surroundings. She will have is especially hard. Stop feeling sorry for yourself. Just tell yourself “My cousin is coming and we are going to have a good time.”

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what things or city codes do i need to be aware of while selling a house AS-IS?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 26-12-2011-05-2008

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Question by bam: what things or city codes do i need to be aware of while selling a house AS-IS?
i’m selling a house as-is. the buyers know the condition of it(poor). it needs some work to be livable. is it possible to sell a house “AS-IS”, like a car? or does it have to be in a certain condition or coded some way by the city before i can sell it?

Best answer:

Answer by Tom
It probably has to be not condemned and I won’t even guarantee that. Check with your local code enforcement people and the Realtor representing you.

You MUST disclose any and all known problems if asked. Anything else constitutes fraud. That includes termites, rotten spots, radon, asbestos, problem neighbors and many, many more items that may make a property less attractive.

What do you think? Answer below!

Not allowed to move mobile home or sell?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 23-12-2011-05-2008

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Question by : Not allowed to move mobile home or sell?
I bought a mobile home from arc and financed through origen financial in 2004, well we found a house last yr, great deal, so my mom agreed to takeover the payments mobile home, but to have it moved to her land, so i called origen to see if this was possible, and they said the mobile home could not be moved from the park until its paid in full. So a month later, our loan was transferred to greentree, so i called them and explainded the situation, and they said i could move the home no problem, just let them know the the address and county and tax info, for escrow. So we bought the new house, assuming we could have the mobile moved. so after a yr of my mom making the payments, and paying the lot rent for a home no one was living in, my mom is ready to have it moved so i called the park to let them know we were going to have it moved and they said no, because we signed a contract with origen, thats states the home could not be moved until its paid. So i explained the loan was no longer with origen, it was with greentree and they said we could have it moved and she said it did not matter, the contract still stands. So i pulled out the contract with origen, and it states “i will not move, use illegally, sell, lease or transfer the home” which to me is very crappy. Unfortunately i was a young 1st time homebuyer. Can they really keep me from moving or selling it even though greentree has no problem. When we 1st bought the home, we had planned to have it moved within a yr, and even mentioned it to the seller when we agreed to purchase the home, nobody warned us about not being able to sell or move it. Is this legal, it seems like intrapment to me. What if someone, cant afford the home anymore, and needs to sell, or someone ends up making more money and wants to move, or has to move for what ever reason, alot can happen or change in less than ten yrs. And apparently, theres no options, except stop paying on the mobile home and let their credit suffer. It sound rediculus, i can’t believe its legal. So my question is, am i reading my contract right, or is there a way i can have it moved or sell it, since i am no longer with origen, and greentree is ok with it.
What would happen if we got a eviction notice, could we move the trailor then or would they be able to hold on to it.
Please help

Best answer:

Answer by dusty_titus
Your Greentree contract supersedes the one with the Mobile home park, and Origen – You should offer a bribe (that’s what the park wants) after all their losing money on the deal, you wanting to move the unit out, and I’ll bet there is a No sub lease on your contract with park. You may be able to work this out, if your town has a Legal Aid – or the last resort – hire your own attorney to suggest a way out of this quagmire.

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What do i need to setup a “buy and sell” website?? I.e, Which webhost is best ? etc?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 20-12-2011-05-2008

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Question by : What do i need to setup a “buy and sell” website?? I.e, Which webhost is best ? etc?
I don’t understand all the jargon about bandwidth and the such, I would like to know how to and what is needed? Ie anyone that knows how to set a website up for credit cards and all that..
Regards

Best answer:

Answer by LOL MODE [on] off
http://www.filezoid.totalh.com/

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How do I find and network with “REO Agents” now that I found out WHO lends the cash to flip houses nationwide?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 20-12-2011-05-2008

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Question by : How do I find and network with “REO Agents” now that I found out WHO lends the cash to flip houses nationwide?
I just was given some inside information for real estate investors. I discovered the secret source who lends them the cash to buy those bank foreclosures that they then flip for 0,000 per month.

But I want to know what is the best way to locate those “REO Agents”.
Which are the Insider Realtors who handle those Bank Foreclosures.

I can be contacted directly at my homepage. Which is on my Yahoo Profile page, or at my brand new Twitter page, at

http://twitter.com/phlander

Thanks for answering this!

darryl

Best answer:

Answer by acermill
I can see that you’ve been watching too many late night infomercials. The flipping frenzy is OVER and DONE. There are no ‘hot deals’ from the lenders anymore. They’re having a tough time getting out of the property anything close to fair market value. If the lenders can’t get it, neither can you. Time for you to rethink ‘flipping’ in this market.

FOLLOW UP : Ignore my response. I’ve just ascertained that you’re simply advertising another ‘get rich quick’ scheme. Save it for someone more naive than I.

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I want to sell “cocktail party” merchandise online, I need a wholesaler?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 17-12-2011-05-2008

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Question by : I want to sell “cocktail party” merchandise online, I need a wholesaler?
I have a website and I want to open up a store online where I would sell cute/decorative serving trays, dishes, etc. for appetizers, soups, salads, etc. Anyone know of a good wholesale company online? thanks!

Best answer:

Answer by martin S
The best place to buy wholesale is from the suppliers or manufacturers. You can get the list of suppliers and manufacturers from B2B websites along with their contact details. I suggest you http://www.hellotrade.com where you can find the suppliers with catalogs and can contact them directly from this website for free.

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