Placed in the question is the statement 'secured loan amount of $100,000. The subject property to be purchased is $40,000.
If a buyer approached you and stated, "I'm qu ... more
You may feel frustrated by the answers below, but they are good answers. The bank is not pick up the balance they are owed. They will be looking for Fair Market Value even if ... more
A property listed for sale will offer a commission to the listing agent if an acceptable offer to purchase results in a successfully closed escrow transaction. The commiss ... more
The banks tend to take longer to respond then a regular sale, can be from 2 days to a week. Other factors are how many offers, how long on the market and how many proper ... more
If he will not give you the money than try to contact your title and escrow company, they will ehlp you.
I know of a company that offers assistance to buyers in purchasing at Trustee Sales. A trustee sale is an auction that occurs on the courthouse steps by a bank before it ... more