Foreclosure in 19143 : Advice

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Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Can I sell a fully leased 3 bdrm home- $750 per month to an investor for at least $39,000. The home is in like condition/just renovated. Need advice
750/mo on 39k is a great returen. The problem is there are less investors than ever before. I know a lot of people building up cash flow with these great buys but the are doing it them ... more
0 votes Share Flag Sun Apr 24, 2011 Foreclosure in 19143
Joanna Morris, Real Estate Pro in 34450
Joanna Morris answered:
Helping relative pay their underwater mortgage to avoid foreclosure. How can I get the bank to let me purchase home at current market value?
Hello Deez,

Ian is correct. Arms Length Transactions are a requirement of the short sale process which is purchasing for less than what is owed on the mortgage. Parties cannot be r ... more
0 votes Share Flag Mon Aug 23, 2010 Foreclosure in 19143
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