Foreclosure in South Florida : Advice

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Nryntema01, Home Buyer in New York, NY
Nryntema01 answered:
Pre-foreclosure and Short Sale. Fannie Mae loans
Thank you for your quick responses. All of the banks and mortgage brokers I spoke to said minimum of 3 years. The credit union is at two years. The info I received is from the DU underw ... more
0 votes Share Flag Wed Jun 12, 2013 Foreclosure in South Florida
James P. Ryan…, Real Estate Pro in Washington, DC
James P. Ryan, Jr answered:
What is the best way to negotiate down a deficiency judgment (without using a lawyer)?
Hi Marsha,
As already mentioned, cash is king, negotiate from a position of relative strength. However, negotiating BEFORE the short sale seems to be an even stronger position.
Best ... more
0 votes Share Flag Sat Mar 10, 2012 Foreclosure in South Florida
Gary and Kar…, Real Estate Pro in Boca Raton, FL
Gary and Karina Youngman answered:
in 2010/2011 is it a good time to start a foreclosure cleanup business or is it over saturated with new comers in the business here in south florida
The market is still overwhelmed with distressed properties....
The answer is "YES" with a single caveat.
To open a business is not so difficult...
To be successful in a ... more
0 votes Share Flag Sat Jan 21, 2012 Foreclosure in South Florida
Gary and Kar…, Real Estate Pro in Boca Raton, FL
Gary and Karina Youngman answered:
Do you need a contractors license to do foreclosure cleanup in florida?
Check the link below; hope this helps!
0 votes Share Flag Sat Jan 21, 2012 Foreclosure in South Florida
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
What do you think will happen now that we have 4 banks joining in a moratorium on foreclosures?
A lot of noise and nothing else! Everyone is foreclosing and my understanding is fnma reevaluation will be completed by november 19th! Strange timing all around election time! I los ... more
0 votes Share Flag Mon Nov 15, 2010 Foreclosure in South Florida
Marsha Monto…, Real Estate Pro in Palm Beach, FL
Marsha Montoya Mayer answered:
What to tell the bank when the bank asking price is upper than the real market?
Sasha, Some good answers and comments here.
Are you representing a seller? A buyer? Or just wanting to increase your infromation base?
0 votes Share Flag Tue Oct 12, 2010 Foreclosure in South Florida
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