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Island Lake : Real Estate Advice

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  • Home Buying5
  • Home Selling0
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Activity 9
Thu Mar 16, 2017
Evelynbarrios4 asked:
Mon Oct 26, 2015
Bob Brandt answered:
Call me with the address and I will look it up for you.
0 votes 1 answer Share Flag
Tue Nov 4, 2014
Mmjackson0988 asked:
The house my husband and I are trying to buy was first listed as a short sale in March. Someone made an offer, started the whole process, got to August, the bank requested more money and…
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Fri Jun 7, 2013
Peggy S Baker answered:
Seller is going to pay closing costs in most cases. There are many qualified and insured contractors in this area. If there is a specific home you are inquirring about please feel free to contact me. ... more
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Sat Apr 28, 2012
John Walin answered:
I disagree that cash is so much better for the bank than cash cash closing. You don't get a cash discount for paying cash or more precisely for waiving the mortgage contingency. Its all cash at closing and fannie mae and freddiemac properties encourage home owners buying as primary residence and buyers given preference during the first 15 days of market time. Investor that pay cash usually use a line of credit that is like cash but really not cash, cash. ... more
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Sat Apr 28, 2012
John Walin answered:
If the title policy and deed work is not cleared, they cannot close until chain of title and avidavid to allow the sale transfer to you Maybe its a robo signing problem. ask the bank why, have your attorney write a letter to the bank. You wouldn't want a conditional title policy anyway, that would be hard to pass onto a buyer in the future, and hurt your ability to sell in the future. Need to settle clouds on title before property transfer. get legal advice
Is this the same house on fen view you asked about?

Good luck!
... more
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Fri Sep 16, 2011
John Walin answered:
Ranj is right again! Chain of title on foreclosures is often the problem and most likely your lender wont like the conditional title policy offered by the seller right now. I say move on, they wouldnt have gotten your earnest money yet. ... more
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Mon Apr 6, 2009
blaison samuel answered:
You can stop the utitilities at this house if it's vacant and also cancel the insurance if you are not going to move in that house, why waste your money if it's going to foreclosure....my 2 cents. ... more
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