The Buyer’s Lender An Added Obsticle To Short Sales?

The Buyer’s Lender An Added Obsticle To Short Sales?

Dealing with the seller’s lender(s) to complete a short sale can be frustrating enough. Now, due to the spring/summer buying season, the number of refi’s and general economy issues, we are finding it increasingly difficult to get the buyer’s loan approved within the time frame of the short sale acceptance provisions – usually 30 days or less.

End of Texas Pre-Foreclosure Purchase by Investors?

End of Texas Pre-Foreclosure Purchase by Investors?

Here is yet another Bill being introduced by our Texas Legislature that will have a negative impact not only on the Homeowner but also the Honest investor trying to help them. SB354 in Texas Legislature threatens Preforeclosure Investing In an effort to curtail so-called “foreclosure consulting”, a bill introduced by Texas State Senator Craig Estes [...]

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Will FANNIE MAE accept a short sale loss of $125K or greater?

Posted by Bob Lachance in Featured Articles, Investment, Preforeclosure, Real Estate, Short Sales on 01 4th, 2011
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