NASA uses the butterfly palm, rubber plant, philodendron, ficus, boston fern and peace lily. My favorites are also mother in law's tongue and spider plant (both icky names for pretty plants.) :)... more
If you can buy a condo your mom can live in for $200K cash, then you should definitely do it as soon as possible. Prices for condos in that price range are moving up quickly due to investor demand. So, you'll need to do an all cash deal to stay competitive. Afterwards, you should look into financing if you can get a good rate below 4%.... more
In general, in the situation where you've had a BK & a mortgage was included, when you apply for new mortgage financing the underwriter is going to review the BK paperwork and see the mortgage was included. The underwriter is going to ask what happened to that property and you are going to have to provide some final disposition paperwork on it (i.e. a foreclosure deed, or a letter from the mortgage lender stating when they foreclosed on it) as well as write a letter of explanation.
I don't quite understand the situation though - you said you were to surrender the home. You mean do a deed in lieu of foreclosure? If so, what happened to you doing the deed in lieu of foreclosure? If the lender was supposed to take the property back without you doing a deed in lieu, then that would just be a normal foreclosure. Feel free to hit the "answer question" button and respond to your own question with more details rather than hitting "reply" under my answer, otherwise I won't get notified that you have responded. You can also contact me directly if you'd like.
Shane Milne | Lending in all 50 states | NMLS #81195... more
Your broker should have provided you a Notice to Perform to sign and send to the buyer. This gives your buyer a specific deadline to perform or you have the legal right to cancel the contract.
It depends on exactly where you are at in the process or the likelihood of still closing whether your broker will recommend this or help you continue with the current buyer. If the buyer has already signed loan docs and is just working out some issues, the broker might recommend giving the buyer a few extra days. If the buyer cannot get a loan, then the Notice to perform would give them a few days to provide proof of a firm loan committment or you can cancel.
The Giving Tree Realty
Hello. That is a large area. I would love to talk with regarding what exactly you are looking for and in what price range. Please feel free to call or email me. 818 268 8099 or firstname.lastname@example.org.... more
You can always list it high making sure the sellers understand that the price is determined by what a buyer will pay and if you not getting offers it means the home is over-priced. Reductions in the list price can be built into the listing agreement. If you haven't gotten an offer in the first two weeks, reduce the price. Repeat every two weeks until an offer is received.... more
I would be happy to provide you with the current MLS listings for condos in Sherman Oaks. The Oak Pointe Complex on Magnolia might be a great option. Great amenities and super central location. Contact me and I we can work together to find you a great home.... more
Sometimes homes are listed in the Multiple Listing Service (MLS) that are actually the staring auction price and the home may sell for a much higher price. Check with your local realtor to see if the listing is an auction.... more
First time I have heard that one. But I have heard of something related.
My guess is the banks will see through this and still go after him. He was the primary and the NOD was filed while his name is on the deed. If he tries to get his name off, they will suspect bank fraud. They won't care if he lived in it or not. And they won't care if they are still together or not.
The best bet is to do a short sale. Otherwise, both are going to have their credit dinged.
Tommy Lee SFR (Short Sale and Foreclosure Certified Realtor)
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