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Salem : Real Estate Advice

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Activity 3
Wed Jun 28, 2017
Alan May answered:
I'm not an attorney, so this shouldn't be considered legal advice. Always consult your attorney for legal advice.

Anything left behind on the property, in my humble opinion, now belongs to you... and if you want to have it removed from the property, you should be able to do so. ... more
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Sat Feb 2, 2013
Mark Simmons asked:
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Tue Apr 27, 2010
Robert Pratt answered:
This is an excellent question as it is a situation that would be ideal for so many home buyers. The unfortunate thing is that an FHA 203k loan is the least likely type of loan to close (in a foreclosure situation) and therefore the most unattractive type of loan for a bank to consider. The only way that you will get a bank to accept this type of loan is if they have no other option on the table; i.e. conventional, regular FHA or cash. There is an awesome article on TheChicago77 website that describes how to make your offer more attractive to the bank and discusses multi-offer strategy too when dealing with foreclosures and short sales and different methods of purchase. You should check it out:

http://www.thechicago77.com/2010/04/short-sale-and-foreclosure-multi-offer-strategy/

Hope this helps and best of luck!
Dreamtown.com
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