He is not from Trulia but perhaps another country, they post fake ads all day every day but yet Trulia wont switch their policies to block them, the bottom lone is do not rent a home sight unseen and dont wore money for a rental... more
On a short sale the bank will not fix anything. They only lose money on short sales and are in no hurry to spend money to lose money. They often will also not re-negotiate after accepting on a price. You would start the process almost over causing further delay... more
Most of the answers/discussion below appear to be valid and good information. The one thing I haven't heard mentioned is the obvious...Most people prefer Fee Simple ownership of the land their home sits on. For that reason a leased land property will always be in less demand and slightly more difficult to sell. In a good market like we have now, leased land properties are attractive and appealing as they cost less than ones with full land ownership. In a distressed market, like the one we suffered through up until 2011, leased land properties are very difficult to sell and lose a larger percentage of their value.... more
If you have lent money to a friend and they didn't pay you back on time, would you lend to them again? Would you warn other friends about what happened?
If they did pay you back quickly and with interest, I bet you would do it again.
It doesn't take long to clean up one's credit. Just pay your bills on-time for 2-3 years and you will be surprised what you can qualify for. There are some mortgages you can get with as little as 3% down payment.... more
you would be surprised how many people feel that the bank "owed" them something and that the bank was awful not to foreclose...most of the time it is the old homeowners who have taken or removed property because they are losing the home they lived in..."a way to get back at the bank"...while yes it does take away some value from the property...the bank will just discount it to sell...good luck... more