Forum Replies Created
-
AuthorPosts
-
SD Realtor
Participantit is wiped out jp.
Participantit is wiped out jp.
Participantit is wiped out jp.
Participantsecond is wiped out.
Participantsecond is wiped out.
Participantsecond is wiped out.
Participantsecond is wiped out.
Participantsecond is wiped out.
ParticipantThe bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.
The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.
Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.
However, no risk, no reward.
ParticipantThe bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.
The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.
Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.
However, no risk, no reward.
ParticipantThe bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.
The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.
Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.
However, no risk, no reward.
ParticipantThe bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.
The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.
Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.
However, no risk, no reward.
ParticipantThe bid price was what it was. The lender gave instructions to the trustee to set it at whatever it gets set at.
The buyer may have needed to resolve any irs or tax liens. There may or may not have been open building permits as well. Any other liens behind the first lien such as seconds, or helocs or stuff like that all get wiped out.
Trustee sales are a risk. It is a tough call but I would not recommend it for a novice.
However, no risk, no reward.
ParticipantYes they are worth it but you have to be patient and do not get emotionally vested. Fire and forget and move on to the next home. If your realtor thinks it is pointless then that should tell you something about your realtor.
Yes short sales are frustrating and yes sometimes the seller gets a loan mod done in the middle of the short sale. However it costs you no money so why shouldn’t you try it.
Think about it this way, if they do not get a loan mod then somebody will get the home. Also if you are not goign to make offers on homes that are NOT short sales then that reduces your selection in an already ridiculous market.
-
AuthorPosts
