John

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Buyer & Seller

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John's Questions (2)

John's Answers (8)

Has anyone tried to put in a short sale offer during the recission period on a foreclosure?

Asked Thu Jul 24 2008, 01:31 by Amy - Birmingham - Foreclosure - 3 answers

John answered:

Yes, I have bought two properties in the last year that way. At first I thought it could not be done after the sherriffs sale but then I figured out a new approach and it worked. Call John @ First Financial Resource 616-299-0757 - Yesterday, 11:17

I am looking to buy a home in the rockford/greenville area and would like to find a realtor that would truely

Asked Sat Jul 5 2008, 18:09 by Dick - Michigan - Home Buying - 4 answers

John answered:

Did you find the house in the rockford area yet? Call me at 616-299-0757 - Mon Jul 14 2008, 08:17

Maybe I have a deal for you. Take a drive by 12345 Holmden, It is the first street south of 14 mile off Wabisis. Newer 4bd, 2bath, 2 car and 1/2 acre. I own it and want to sell it. you may call me at 616-299-0757 If you like it we will both save money. I am not a realtor. - Mon Jul 7 2008, 14:31

if a bank sends you a 1099 on a forclosed property, do you have to claim that as income?

Asked Thu Jul 10 2008, 07:13 by Cj - 48180 - Foreclosure - 5 answers

John answered:

There was a new law passed Dec 2007 that makes it a non taxable issue. Anyone in this business should know about it. Check with your tax preparer. Of course if you love the IRS just send more money than you have too. They won't mind at all. - Thu Jul 10 2008, 15:36

How can I get a 403k loan for a 36 unit apt bldng. in Michigan?

Asked Tue Jul 1 2008, 11:10 by Jasmin Del R… - Michigan - Financing - 2 answers

John answered:

I am a commercial Mortgage broker with 25 years experience. I believe I can help. Just give me a call @269-795-0076 ask for John - Mon Jul 7 2008, 18:55

The redemption period on our Michigan home is up tomorrow.

Asked Tue Jun 3 2008, 13:26 by Jody Pittman - Taylor - Foreclosure - 3 answers

John answered:

Some times they offer cash for keys, say $500-$1000 for you to move out leaving the house in broom clean condition. If they don't do that or you decline they will take you to District Court to evict you. If no one shows up to challange them, a Court Order will issue for eviction 1 or 2 weeks later. There are ways to legally delay them but most people don't want to fight. - Tue Jun 3 2008, 13:52

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