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SD Realtor
Participant” Inflation in food and engergy is a good thing, IMHO. It’s not something that we can’t cope with. Higher prices will force us to make lifestyle decisions that are good for us. ”
I am sure that many lower and middle income people think just like Brian! I am sure they have no problem coping with those higher energy and food prices.
Participant” Inflation in food and engergy is a good thing, IMHO. It’s not something that we can’t cope with. Higher prices will force us to make lifestyle decisions that are good for us. ”
I am sure that many lower and middle income people think just like Brian! I am sure they have no problem coping with those higher energy and food prices.
Participant” Inflation in food and engergy is a good thing, IMHO. It’s not something that we can’t cope with. Higher prices will force us to make lifestyle decisions that are good for us. ”
I am sure that many lower and middle income people think just like Brian! I am sure they have no problem coping with those higher energy and food prices.
ParticipantYou’ve been spammed!
ParticipantYou’ve been spammed!
ParticipantYou’ve been spammed!
ParticipantYou’ve been spammed!
ParticipantYou’ve been spammed!
ParticipantRecordsclerk that indeed is fraud. I have never had to that with any clients. I would never advise anybody to go into a deal under such circumstances. I am not saying that what you are talking about did not or does not happen, however that is a line that I would not cross as it would jeopardize my livelihood. As you noted, eventually the home did sell, whether or not the other buyers had to do the same thing as you were saying is an interesting question.
I would also add that short sale lender negotiators are scrutinizing the packages more now including bank deposits. A short sale I am in has requested an explanation for a large deposit just made in my sellers account and she had to send the image of the deposited check.
ParticipantRecordsclerk that indeed is fraud. I have never had to that with any clients. I would never advise anybody to go into a deal under such circumstances. I am not saying that what you are talking about did not or does not happen, however that is a line that I would not cross as it would jeopardize my livelihood. As you noted, eventually the home did sell, whether or not the other buyers had to do the same thing as you were saying is an interesting question.
I would also add that short sale lender negotiators are scrutinizing the packages more now including bank deposits. A short sale I am in has requested an explanation for a large deposit just made in my sellers account and she had to send the image of the deposited check.
ParticipantRecordsclerk that indeed is fraud. I have never had to that with any clients. I would never advise anybody to go into a deal under such circumstances. I am not saying that what you are talking about did not or does not happen, however that is a line that I would not cross as it would jeopardize my livelihood. As you noted, eventually the home did sell, whether or not the other buyers had to do the same thing as you were saying is an interesting question.
I would also add that short sale lender negotiators are scrutinizing the packages more now including bank deposits. A short sale I am in has requested an explanation for a large deposit just made in my sellers account and she had to send the image of the deposited check.
ParticipantRecordsclerk that indeed is fraud. I have never had to that with any clients. I would never advise anybody to go into a deal under such circumstances. I am not saying that what you are talking about did not or does not happen, however that is a line that I would not cross as it would jeopardize my livelihood. As you noted, eventually the home did sell, whether or not the other buyers had to do the same thing as you were saying is an interesting question.
I would also add that short sale lender negotiators are scrutinizing the packages more now including bank deposits. A short sale I am in has requested an explanation for a large deposit just made in my sellers account and she had to send the image of the deposited check.
ParticipantRecordsclerk that indeed is fraud. I have never had to that with any clients. I would never advise anybody to go into a deal under such circumstances. I am not saying that what you are talking about did not or does not happen, however that is a line that I would not cross as it would jeopardize my livelihood. As you noted, eventually the home did sell, whether or not the other buyers had to do the same thing as you were saying is an interesting question.
I would also add that short sale lender negotiators are scrutinizing the packages more now including bank deposits. A short sale I am in has requested an explanation for a large deposit just made in my sellers account and she had to send the image of the deposited check.
ParticipantRecordsclerk, had your escrow closed the payout to the second lender would have been on the HUD. It would not have been hidden and the first would have known about it when they reviewed the HUD.
As far as secret goes, once more it is all about strategy and working the deal out as it moves forward. Generally you get approval in stages from each entity.
However the bottom line is that all payouts to all parties are going to be on the HUD. All parties will know who got what and when they got those funds. It is presentation and the timing of it that is what is important.
Scarlett remember that the contingency period does not start until after all approvals have been delivered and those are written approvals. So after it is all said and done and you get the approvals and you do your inspections and you are uncomfortable because you will not have enough money left over you simply back out and get your deposit back as long as it is done prior to contingency removal. Remember, approval by the lender is the BEGINNING of the process not the end of it with respect to your own due diligence.
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