Posts Tagged ‘short’
Monday, August 30th, 2010
Question by Radman: What should I know about buying a “short sale” house?
I understand there is no warranty and the buyer has to pay all the closing costs. Can I offer lower than the short sale listing price?
Best answer:
Answer by patrick
You can always offer less than asking. in addition, if you are using a real estate agent, you need to make sure the commission costs are included in the purchase price.
Be prepared for a long process. Bank owned property sales move at a snail’s pace. Often, the bank cant find the deed, because the mortgage has been sold so many times, so it would be prudent to ask if the bank has possession of the deed early in the process.
Add your own answer in the comments!
Tags: about, buying, House, Know, Sale, short, should
Posted in Buy My Home Fast - Questions & Answers | 1 Comment »
Tuesday, July 13th, 2010
100% ringspun preshrunk cotton; seamless double-needle stitched collar; tapered neck and shoulders; double-needle stitched sleeves and bottom hem; quarter-turned to eliminate center crease; set-in sleeves; sport grey is 99% cotton, 1% polyester; 1/2″
Rating: 
(out of reviews)
List Price:
Price: $ 29.00
Tags: Agents, Estate, g640l, Gildan, Ladies, Love, Rhinestone, Shirt, short, Sleeve
Posted in Buy My Home Fast - Books | No Comments »
Tuesday, July 13th, 2010
Question by BaldisBeautiful: In real estate, what is a “short sale”?
im looking into buying my first home and i am trying to understand what a short-sale is when rreferringto a bank owned property. the website says ” bank owned property, this is not a short sale”.
is a short sale something tthat iwould want? if a house is available for short sale does that mean the whole process is quicker? less paperwork? what are the pros and cons?
thanx xD
Best answer:
Answer by v b
Short sale takes longer and there’s more paperwork. (The borrowers are still in the property and have to get permission to sell.)
Give your answer to this question below!
Tags: Estate, Real, Sale, short
Posted in Buy My Home Fast - Questions & Answers | 2 Comments »
Saturday, July 10th, 2010
Question by Nuclear M: How do i learn about real estate “short sales” without spending money to learn?
I would like to know how to get involved with real estate “short sales”…I love customer service, but I want out of retail and the R.E.S.S. breed of service can save a lot of people a lot of money, as apposed to convincing them to spend more money as you so often find yourself doing in the retail environment. However, I don’t have money to spend on seminars, boot-camps and other such conveniences or money traps (should that be the case). I would really appreciate anyone who would be willing to take their time to teach me at no cost up front…and i have no problem arranging appropriate kickbacks for the kindness once I get going. Thank you in advance for your time.
Best answer:
Answer by operababe_61
Are you talking about representing sellers in a short sale? If so, you have to become a licensed real estate agent first.
If you’re talking about buying properties that are being sold as a short sale in order to buy them cheap and flip them, there are a million books at the library. I read one called Millionaire Real Estate Mentor (or something close to that) that was pretty informative.
Give your answer to this question below!
Tags: about, Estate, Learn, money, Real, sales, short, spending, Without
Posted in Buy My Home Fast - Questions & Answers | 3 Comments »
Tuesday, April 27th, 2010
My home is currently on the Arizona MLS and last night I was contacted by “fast home offer.com” or fasthomeoffer.com
The gentleman stated that he wants to make an offer on our home and asked me questions like what is it listed for, do we have tenants currently in there, do the tenants pay their rent on time, is the home in good condition, who our mortgage loans are with (1st and 2nd) and our Realtor’s contact information. He said he was going to call our Realtor and make an offer. I don’t want to get my hopes up and I am wondering if this company is legit? Has anyone experienced this company making an offer on a home for a short sale and if so was their offer decent enough that the banks will accept it? Our FMV of our home is $100,000 right now and it’s been on the market for 70 days.
Tags: Arizona, Company, Contacted, currently, Fast, Home, LEGIT, offer.com, Sale, short
Posted in Buy My Home Fast - Questions & Answers | 3 Comments »
Sunday, April 25th, 2010
I live in a neighborhood that is turning bad very fast. I need to get out. However, I owe $109,000 and I can probably only get $90-95,000 for the home. It’s so bad right now that I am willing to just walk away from it. I make decent money so is a short sale out of the question? My realtor recommended a deed in lieu of foreclosure. I don’t want to mess up my credit though. Should I tap my 401k to cover the potential loss on my home? Take out a loan to cover the loss? Or worst case scenario foreclose even though I have no financial hardships? I am in dire straits. Please help!!
Tags: financial, hardship, Sale, short
Posted in Buy My Home Fast - Questions & Answers | 4 Comments »
Tuesday, April 6th, 2010
we want to buy a home thats in short sale. how long do these usually take , any tips on them going thru faster. we want to ask for the bank not to accept any offers during the approval time.
Tags: Buyer, Home, question, Sale, short
Posted in Buy My Home Fast - Questions & Answers | 2 Comments »
Friday, April 2nd, 2010
Its been already about 7 months since I have made an offer to buy a house in short sale The selling agent keep saying the lenders are taking time , they dont update me of any status . I have an exclusive buyers contract and Iam the higgest bidder ? I there any way I can push this sale faster or send any kind of court or lawer notice to lenders to tell them to make decesion on the property ? how much time I have to wait ?: is there a limit to wait for answer ?
the house is in california
I still want the house the original price came in the market was 325k i offered 310k
can i send any lawyer notice to bank to speed up process or any other way to speed up process ?
Tags: 2009, approved, feburary, Home, long, offer, Sale, short, since, takes
Posted in Buy My Home Fast - Questions & Answers | 2 Comments »
Monday, March 29th, 2010
I was waiting on a loan modification I paid an agency to do.
There was no record that the angency even attempted the modification. Home Assure- Never use them.
Tags: 8th., August, before.What, Fast, foreclosure, House, into, Need, Sale, short
Posted in Buy My Home Fast - Questions & Answers | 2 Comments »
Saturday, March 27th, 2010
I am bidding on a short sale property. The seller hired a short sale company. Can I expect a more positive quick result?
Tags: expert, faster, hires, Home, process, push, Sale, seller, short, this, through
Posted in Buy My Home Fast - Questions & Answers | 1 Comment »
