- This topic has 180 replies, 10 voices, and was last updated 14 years, 4 months ago by bob2007.
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June 17, 2008 at 8:44 PM #224606June 17, 2008 at 9:44 PM #224468NotCrankyParticipant
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I want to know the lender for homes that are a short sale. Since the lender is the one who has to accept the price, I will try going directly to them with an offer. It’s the DIY way.Trying quote don’t laugh!
Is the lender going to talk to you? I appreciate the diy method, trust me, I do my own dental work in garage with a dremel tool. I think you are going to find obstacles though. I talked to a title rep to see if she would give people who really want to go as far a they can, without any involvement with agents help and she said no. That is too bad in my opinion but there are liability issues for her. Same thing if the lender starts trying to negotiate a sale without the owner and circumventing a broker who has been authorized to conduct the short sale.
So far the most justice for diyfer,on listed properties, that I see, is to do as much leg work as they can and ask for as much of a rebate as they can get in return.This could be going with redfin or a regular agent. I could be missing something though. There are private party sales and someone with the knowlege you and other piggs have can pursue that.
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.
June 17, 2008 at 9:44 PM #224574NotCrankyParticipant[/quote]
I want to know the lender for homes that are a short sale. Since the lender is the one who has to accept the price, I will try going directly to them with an offer. It’s the DIY way.Trying quote don’t laugh!
Is the lender going to talk to you? I appreciate the diy method, trust me, I do my own dental work in garage with a dremel tool. I think you are going to find obstacles though. I talked to a title rep to see if she would give people who really want to go as far a they can, without any involvement with agents help and she said no. That is too bad in my opinion but there are liability issues for her. Same thing if the lender starts trying to negotiate a sale without the owner and circumventing a broker who has been authorized to conduct the short sale.
So far the most justice for diyfer,on listed properties, that I see, is to do as much leg work as they can and ask for as much of a rebate as they can get in return.This could be going with redfin or a regular agent. I could be missing something though. There are private party sales and someone with the knowlege you and other piggs have can pursue that.
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.
June 17, 2008 at 9:44 PM #224591NotCrankyParticipant[/quote]
I want to know the lender for homes that are a short sale. Since the lender is the one who has to accept the price, I will try going directly to them with an offer. It’s the DIY way.Trying quote don’t laugh!
Is the lender going to talk to you? I appreciate the diy method, trust me, I do my own dental work in garage with a dremel tool. I think you are going to find obstacles though. I talked to a title rep to see if she would give people who really want to go as far a they can, without any involvement with agents help and she said no. That is too bad in my opinion but there are liability issues for her. Same thing if the lender starts trying to negotiate a sale without the owner and circumventing a broker who has been authorized to conduct the short sale.
So far the most justice for diyfer,on listed properties, that I see, is to do as much leg work as they can and ask for as much of a rebate as they can get in return.This could be going with redfin or a regular agent. I could be missing something though. There are private party sales and someone with the knowlege you and other piggs have can pursue that.
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.
June 17, 2008 at 9:44 PM #224621NotCrankyParticipant[/quote]
I want to know the lender for homes that are a short sale. Since the lender is the one who has to accept the price, I will try going directly to them with an offer. It’s the DIY way.Trying quote don’t laugh!
Is the lender going to talk to you? I appreciate the diy method, trust me, I do my own dental work in garage with a dremel tool. I think you are going to find obstacles though. I talked to a title rep to see if she would give people who really want to go as far a they can, without any involvement with agents help and she said no. That is too bad in my opinion but there are liability issues for her. Same thing if the lender starts trying to negotiate a sale without the owner and circumventing a broker who has been authorized to conduct the short sale.
So far the most justice for diyfer,on listed properties, that I see, is to do as much leg work as they can and ask for as much of a rebate as they can get in return.This could be going with redfin or a regular agent. I could be missing something though. There are private party sales and someone with the knowlege you and other piggs have can pursue that.
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.
June 17, 2008 at 9:44 PM #224635NotCrankyParticipant[/quote]
I want to know the lender for homes that are a short sale. Since the lender is the one who has to accept the price, I will try going directly to them with an offer. It’s the DIY way.Trying quote don’t laugh!
Is the lender going to talk to you? I appreciate the diy method, trust me, I do my own dental work in garage with a dremel tool. I think you are going to find obstacles though. I talked to a title rep to see if she would give people who really want to go as far a they can, without any involvement with agents help and she said no. That is too bad in my opinion but there are liability issues for her. Same thing if the lender starts trying to negotiate a sale without the owner and circumventing a broker who has been authorized to conduct the short sale.
So far the most justice for diyfer,on listed properties, that I see, is to do as much leg work as they can and ask for as much of a rebate as they can get in return.This could be going with redfin or a regular agent. I could be missing something though. There are private party sales and someone with the knowlege you and other piggs have can pursue that.
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.
June 17, 2008 at 11:10 PM #224518SD RealtorParticipantNostra –
If the note was a recorded document then you can find the apn through the address of the home. Once you find the APN you can go downtown and find out all recorded documents that have to do with that home. This will get you a little bit of information but not much.
One thing that will never ever happen is that whoever holds the note on that property will talk to you. Legally they cannot talk to anybody about the property except for the owner OR whoever the owner gives them express written consent to talk to.
If you find a distressed property your best chance of a deal is to simply contact the owner directly. Talk to them, see if you can sit down with them and strike a deal for a sale or to assume the loan, or that you, the owner and the lender can work out a deal between yourselves.
Trust me, contacting the lender while title is still in the name of the owner is a fruitless task unless the homeowner gives the lender permission to talk to you. Otherwise simply wait until foreclosure and then try to contact the lender or whoever gobbles it up at the trustee sale.
June 17, 2008 at 11:10 PM #224624SD RealtorParticipantNostra –
If the note was a recorded document then you can find the apn through the address of the home. Once you find the APN you can go downtown and find out all recorded documents that have to do with that home. This will get you a little bit of information but not much.
One thing that will never ever happen is that whoever holds the note on that property will talk to you. Legally they cannot talk to anybody about the property except for the owner OR whoever the owner gives them express written consent to talk to.
If you find a distressed property your best chance of a deal is to simply contact the owner directly. Talk to them, see if you can sit down with them and strike a deal for a sale or to assume the loan, or that you, the owner and the lender can work out a deal between yourselves.
Trust me, contacting the lender while title is still in the name of the owner is a fruitless task unless the homeowner gives the lender permission to talk to you. Otherwise simply wait until foreclosure and then try to contact the lender or whoever gobbles it up at the trustee sale.
June 17, 2008 at 11:10 PM #224640SD RealtorParticipantNostra –
If the note was a recorded document then you can find the apn through the address of the home. Once you find the APN you can go downtown and find out all recorded documents that have to do with that home. This will get you a little bit of information but not much.
One thing that will never ever happen is that whoever holds the note on that property will talk to you. Legally they cannot talk to anybody about the property except for the owner OR whoever the owner gives them express written consent to talk to.
If you find a distressed property your best chance of a deal is to simply contact the owner directly. Talk to them, see if you can sit down with them and strike a deal for a sale or to assume the loan, or that you, the owner and the lender can work out a deal between yourselves.
Trust me, contacting the lender while title is still in the name of the owner is a fruitless task unless the homeowner gives the lender permission to talk to you. Otherwise simply wait until foreclosure and then try to contact the lender or whoever gobbles it up at the trustee sale.
June 17, 2008 at 11:10 PM #224672SD RealtorParticipantNostra –
If the note was a recorded document then you can find the apn through the address of the home. Once you find the APN you can go downtown and find out all recorded documents that have to do with that home. This will get you a little bit of information but not much.
One thing that will never ever happen is that whoever holds the note on that property will talk to you. Legally they cannot talk to anybody about the property except for the owner OR whoever the owner gives them express written consent to talk to.
If you find a distressed property your best chance of a deal is to simply contact the owner directly. Talk to them, see if you can sit down with them and strike a deal for a sale or to assume the loan, or that you, the owner and the lender can work out a deal between yourselves.
Trust me, contacting the lender while title is still in the name of the owner is a fruitless task unless the homeowner gives the lender permission to talk to you. Otherwise simply wait until foreclosure and then try to contact the lender or whoever gobbles it up at the trustee sale.
June 17, 2008 at 11:10 PM #224685SD RealtorParticipantNostra –
If the note was a recorded document then you can find the apn through the address of the home. Once you find the APN you can go downtown and find out all recorded documents that have to do with that home. This will get you a little bit of information but not much.
One thing that will never ever happen is that whoever holds the note on that property will talk to you. Legally they cannot talk to anybody about the property except for the owner OR whoever the owner gives them express written consent to talk to.
If you find a distressed property your best chance of a deal is to simply contact the owner directly. Talk to them, see if you can sit down with them and strike a deal for a sale or to assume the loan, or that you, the owner and the lender can work out a deal between yourselves.
Trust me, contacting the lender while title is still in the name of the owner is a fruitless task unless the homeowner gives the lender permission to talk to you. Otherwise simply wait until foreclosure and then try to contact the lender or whoever gobbles it up at the trustee sale.
June 18, 2008 at 12:15 AM #224533nostradamusParticipant[quote=Rustico]
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.[/quote]I hope I do it right too! Duct tape is a suitable substitute for thinset mortar, right?
Kidding. I’ve finished the toilet installation and tile in that area, as well as installed a new countertop over the existing vanity and replaced the sinks. It is coming out great so far. It was more fun destroying the bathroom than it is rebuilding it. The former requires gloves and a sledgehammer; the latter requires measurements, fine cuts, levels, an eye for detail, sandpaper, cleanliness, and a lot of patience… Harbor Freight tools has become my friend as well as Home Depot, Dixieline, and Lowe’s.
I will be taking a blowtorch to the pipes in order to plumb in the new tub which I have yet to purchase. I’m waiting to decide what I do for the tub/surround before I finish this up. I was hoping to be done in two weeks but as I learn the trade I’m getting new ideas.
June 18, 2008 at 12:15 AM #224639nostradamusParticipant[quote=Rustico]
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.[/quote]I hope I do it right too! Duct tape is a suitable substitute for thinset mortar, right?
Kidding. I’ve finished the toilet installation and tile in that area, as well as installed a new countertop over the existing vanity and replaced the sinks. It is coming out great so far. It was more fun destroying the bathroom than it is rebuilding it. The former requires gloves and a sledgehammer; the latter requires measurements, fine cuts, levels, an eye for detail, sandpaper, cleanliness, and a lot of patience… Harbor Freight tools has become my friend as well as Home Depot, Dixieline, and Lowe’s.
I will be taking a blowtorch to the pipes in order to plumb in the new tub which I have yet to purchase. I’m waiting to decide what I do for the tub/surround before I finish this up. I was hoping to be done in two weeks but as I learn the trade I’m getting new ideas.
June 18, 2008 at 12:15 AM #224655nostradamusParticipant[quote=Rustico]
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.[/quote]I hope I do it right too! Duct tape is a suitable substitute for thinset mortar, right?
Kidding. I’ve finished the toilet installation and tile in that area, as well as installed a new countertop over the existing vanity and replaced the sinks. It is coming out great so far. It was more fun destroying the bathroom than it is rebuilding it. The former requires gloves and a sledgehammer; the latter requires measurements, fine cuts, levels, an eye for detail, sandpaper, cleanliness, and a lot of patience… Harbor Freight tools has become my friend as well as Home Depot, Dixieline, and Lowe’s.
I will be taking a blowtorch to the pipes in order to plumb in the new tub which I have yet to purchase. I’m waiting to decide what I do for the tub/surround before I finish this up. I was hoping to be done in two weeks but as I learn the trade I’m getting new ideas.
June 18, 2008 at 12:15 AM #224687nostradamusParticipant[quote=Rustico]
Speaking of justice I hope you do that bathroom right! JK. Let me know if you need any tips.[/quote]I hope I do it right too! Duct tape is a suitable substitute for thinset mortar, right?
Kidding. I’ve finished the toilet installation and tile in that area, as well as installed a new countertop over the existing vanity and replaced the sinks. It is coming out great so far. It was more fun destroying the bathroom than it is rebuilding it. The former requires gloves and a sledgehammer; the latter requires measurements, fine cuts, levels, an eye for detail, sandpaper, cleanliness, and a lot of patience… Harbor Freight tools has become my friend as well as Home Depot, Dixieline, and Lowe’s.
I will be taking a blowtorch to the pipes in order to plumb in the new tub which I have yet to purchase. I’m waiting to decide what I do for the tub/surround before I finish this up. I was hoping to be done in two weeks but as I learn the trade I’m getting new ideas.
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