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Sabrina Simp…, Real Estate Pro in Moorpark, CA
Sabrina Simpson answered:
The property is worth much less than the mortgage, is AITD good for me (buyer)?
Absolutely not! Why would you even think of an AITD on a property that is worth less than the amount owed? There is no protection for a buyer on an AITD. You make your payments to th ... more
0 votes Share Flag Thu Feb 16, 2012 Home Buying in California
Jess Mendoza, Real Estate Pro in Anaheim, CA
Jess Mendoza answered:
Junior Trust Deed needs to foreclose!
You as a 2nd trudtee holder can foreclose and take control of the property, but the 1st has to be paid, which you can negotiate with them on payments and proceeds. You should check with ... more
0 votes Share Flag Mon Jul 20, 2009 Foreclosure in California
Steven Fong, Real Estate Pro in Fremont, CA
Steven Fong answered:
should you have a loan contingency removal as part the offer for a property?
In the Purchase Agreement there is a standard loan contingency period of 17 days. (This can be modified depending on how fast your lender can provide underwriting approval) Like the o ... more
1 vote Share Flag Wed Jul 1, 2009 Home Buying in California
A4l, Home Buyer in Apple Valley, CA
A4l answered:
My wife and I are buying a house from who do we pay are morgage to?And who do we talk to about
Oh boy! If you own $ I bet you they will find you, whoever they are.
0 votes Share Flag Wed Aug 6, 2008 Home Buying in California
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