A better question is what if I don’t report it?
You have to list all bank accounts and provide 6o days statements, if the check goes into an account you’re going to have to explain it.
If he has special needs that requiring you to…"
"I wounder who the commentators represent!
If you represent a home buyer would you really waste time waiting on the seller's lender to save a few hunderd dollars? Or would you explain it to your buyer and get the inspections early? Who do you…"
"It’s hard to get the "hardship" letter signed.
On the other hand unless the estate is large and collectable the lenders should be motivated.
I’ve done this, but not during the current crisis.
It never hurts to ask, but present…"
"My first reaction is I wouldn't sign it!
However! Not paying could cost you the house!
When was your agent aware there was a third party negotiator?
I say there is at least one real estate license at risk and possibly four.
Once you sign it…"
""under what circumstances will a bank approve a short sale for a property that is an investment property, not a primary residence."
This is simple! Under the same condtions as any other short sale when there are no goverment…"
You have no standuing with the MI company!
The MI company insures the bank and no bank is going to let you talk to their insurance company.
You problem is witrh the bank!
The MI company is under no obglation to pay anything if the bank…"
"I'm not licensed there eather. Liens are public records, you may not know the detailes depending on the state, but you can know who claims an intrest in all states.
Why bid with with your head in a box?
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