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Home Buying in 91401 : Real Estate Advice

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  • Home Buying17
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Activity 9
Sat Nov 9, 2013
Kirt Kingzett answered:
No set answer, really depends on what the creditor will settle for, just be sure you get "in writing" payment is in full and no future payments
0 votes 8 answers Share Flag
Fri Nov 8, 2013
answered:
Yes you can quit claim yourself off of the deed. It will not affect your credit score as you were not on the loan.
0 votes 8 answers Share Flag
Tue Apr 2, 2013
inna ivchenko answered:
Are you looking to buy ? How much land, what is the zoning you are looking for and how much you are willing to pay? Only Van Nuys?
0 votes 3 answers Share Flag
Tue Apr 2, 2013
inna ivchenko answered:
I might know a lady who can answer your questions. She was just explaining me last week how it works, she represent the special gov programs where they pay your down payment, closing costs. You need to qualify. Shoot me email and I'll forward you her contact information. ... more
0 votes 6 answers Share Flag
Thu Mar 7, 2013
Russ Ravary answered:
Usually it is 75% of the rental income on most loans. I have never heard 90.
0 votes 3 answers Share Flag
Thu Mar 7, 2013
Russ Ravary answered:
It can be done. Call one of the trulia pros above that do multi family loans. You want somebody with experience in doing them
0 votes 4 answers Share Flag
Thu Mar 7, 2013
Russ Ravary answered:
Yes by taking deductions it does hurt what the banks consider true income. It is great for your taxes but not so good for your ability to buy a house
0 votes 4 answers Share Flag
Fri Jun 12, 2009
answered:
Did you already talked to your client and he refused to give you the money?
If he will not give you the money than try to contact your title and escrow company, they will ehlp you.

Good Luck. ... more
0 votes 4 answers Share Flag
Mon May 12, 2008
Tara Steinke answered:
Hi Jeannie,

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 forecloses on a property where they have served a notice of default. The issue with trustee sales is that they require a 100% cash purchase at the auction, which rules out 99% of the buyers out there (who has a few $100k laying around?). The company that I know of can purchase the property on your behalf and sell it back to you for basically a 10% mark-up fee plus slightly increased closing costs associated with their contract. But they provide information and services only on properties that make sense to purchase... those properties that have the potential to sell at the auction for $0.60-$0.70 on the dollar.

Shoot me an email and I would be delighted to put you in direct contact with an agent at that company.

Best of luck!!
Tara
... more
0 votes 1 answer Share Flag
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