Short Sales All Locations : Advice

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Antoinette D…, Real Estate Pro in Trumbull, CT
Antoinette DeBarros asked:
Hi, I went to the Armando Montelongo "flip and grow rich seminar" and of course they tried to sell me a $1500 product that I didn't buy into at that time. I,told the rep that I needed time to do some research. The rep offered me these grand promises that I have doubts about. For this reason, I was hoping there was...
0 votes Share Flag Wed Mar 25, 2015 Home Buying
Siobhan, Home Seller in Sarasota, FL
Siobhan asked:
Is there a difference in deed in leau of foreclosure and short sale on your credit score? I have a home in sarasota, florida. The house has been on the market for approxi ... with only a handful of people coming to look at it. It is on the market as a short sale and I had an ...
0 votes Share Flag Wed Mar 25, 2015 Credit Score in Sarasota
Lisa, Other/Just Looking in Miami, FL
Lisa asked:
700 credit score but thinking of foreclosure and wondering how long will it take for my credit to recover? My 1/1,5 condo in NMB Fl was purchased for $137K in 2006 BUT the complex now has units selling for $17K-$24K. We also have about 25% units in foreclsoure and almost 65% of the owners ar...
0 votes Share Flag Wed Mar 25, 2015 Credit Score in Miami
Peggy Faw Ed…, Real Estate Pro in 33626
Peggy Faw Edwards asked:
Ding on seller's credit score from short sale I'm interested in finding out how much of a credit hit (in approximate points) m ... in a short sale where the balance of the mortgage is forgiven by lender. ...
0 votes Share Flag Wed Mar 25, 2015 Credit Score in Tampa
Marianne, Home Buyer in Los Angeles, CA
Marianne asked:
Lender Refuses to Separate "Points" from other "Loan Origination Fees" on GFE & HUD-1. What is Advantage to them? My Recourse? Hi Folks --

Another very picky question for the experienced RE experts in LA.

Responses from Lenders, Underwriters and Escrow Agents especially welcome:

My Closing on a LA condo i...
0 votes Share Flag Tue Mar 24, 2015 Financing in Los Angeles
Eren Dennis, Home Buyer in Outside U.S.
Eren Dennis asked:
International buyer with cash looking for a house Hello, I'm a newbie foreign buyer with some cash. Looking for houses with 4 bedrooms.
1. Is there a limit on what I can buy? Single family homes / multi family? size of transaction?
2....
0 votes Share Flag Tue Mar 24, 2015 Home Buying in Houston
Seaside, Other/Just Looking in Monterey, CA
Seaside asked:
I know of a property that was issued a notice of default Oct. 2014, Jan 2015 it ... sale (short sale). Within a few days its status goes ... pending do not show and is still like that as of today. I made a call to the tru ... sales information at this time. I'm not familiar with the process entirely but I'm hoping ...
0 votes Share Flag Tue Mar 24, 2015 Investment Properties in California
Joann, Renter in Clearwater, FL
Joann asked:
What does a short sale mean? Thank you.
0 votes Share Flag Tue Mar 24, 2015 Home Buying
tom jones , Home Seller in Los Angeles, CA
tom jones asked:
No question no answer What wrong with this site?
0 votes Share Flag Tue Mar 24, 2015 Home Buying in 90007
Rebecca, Home Buyer in Pleasanton, CA
Rebecca asked:
After losing our income for 2 years, we had a cooperative short sales in Nov 2012. Shortly after than, we ... sign on bonus and everything, we brought a house in Nov 2013. We were lucky to f ... short sales now and we would like to refinance for a 30 years fixed loan. Does anyone knows any lender ...
0 votes Share Flag Mon Mar 23, 2015 Financing in 92130
Chip, Other/Just Looking in Los Angeles County, CA
Chip asked:
In this situation, by how much should an agent reduce their commission so I can win the house for $640,000 price range? We had met last Saturday for the first time & had about 6 properties we were going to. We didn't like one of the neighborhoods so we took out 3 of the homes & ended up jus...
0 votes Share Flag Mon Mar 23, 2015 Home Buying in Huntington Beach
Vincent Vitt…, Renter in Burbank, CA
Vincent Vittorio asked:
Why does Trulia have so many fake rental listings? --
This question was asked from this property: http://www.trulia.com/rental/3103266227-610-21st-Pl-Santa-Monica-CA-90402
0 votes Share Flag Mon Mar 23, 2015 Rental Basics in North of Montana
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