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SD Realtor
ParticipantWhen a short sale offer is submitted to the lender it is generally accompanied by an estimated HUD statement. A preliminary title report should be run so that ALL liens are identified. The HUD should reflect all liens to be paid from the sellers (lender) funds that currently exist so that the lender will get a realistic idea of what they will net.
All liens need to be removed for title to transfer cleanly.
ParticipantWhen a short sale offer is submitted to the lender it is generally accompanied by an estimated HUD statement. A preliminary title report should be run so that ALL liens are identified. The HUD should reflect all liens to be paid from the sellers (lender) funds that currently exist so that the lender will get a realistic idea of what they will net.
All liens need to be removed for title to transfer cleanly.
ParticipantWhen a short sale offer is submitted to the lender it is generally accompanied by an estimated HUD statement. A preliminary title report should be run so that ALL liens are identified. The HUD should reflect all liens to be paid from the sellers (lender) funds that currently exist so that the lender will get a realistic idea of what they will net.
All liens need to be removed for title to transfer cleanly.
ParticipantI hear ya DW…
“That is unless the government starts offering their own financing.”
Are we really that far away from that statement being a reality? I would say that if the government did that, at least they would be able to make some money on the deal instead of just insuring all the crap they insure.
Change you can believe in!
ParticipantI hear ya DW…
“That is unless the government starts offering their own financing.”
Are we really that far away from that statement being a reality? I would say that if the government did that, at least they would be able to make some money on the deal instead of just insuring all the crap they insure.
Change you can believe in!
ParticipantI hear ya DW…
“That is unless the government starts offering their own financing.”
Are we really that far away from that statement being a reality? I would say that if the government did that, at least they would be able to make some money on the deal instead of just insuring all the crap they insure.
Change you can believe in!
ParticipantI hear ya DW…
“That is unless the government starts offering their own financing.”
Are we really that far away from that statement being a reality? I would say that if the government did that, at least they would be able to make some money on the deal instead of just insuring all the crap they insure.
Change you can believe in!
ParticipantI hear ya DW…
“That is unless the government starts offering their own financing.”
Are we really that far away from that statement being a reality? I would say that if the government did that, at least they would be able to make some money on the deal instead of just insuring all the crap they insure.
Change you can believe in!
ParticipantThe only way the economy will ever be fixed will be with a model similar to what Volker did in the 80s which was to rachet rates sky high. A few years of that pain will be very beneficial for the overall health of the economy.
That and QUIT SPENDING!
ParticipantThe only way the economy will ever be fixed will be with a model similar to what Volker did in the 80s which was to rachet rates sky high. A few years of that pain will be very beneficial for the overall health of the economy.
That and QUIT SPENDING!
ParticipantThe only way the economy will ever be fixed will be with a model similar to what Volker did in the 80s which was to rachet rates sky high. A few years of that pain will be very beneficial for the overall health of the economy.
That and QUIT SPENDING!
ParticipantThe only way the economy will ever be fixed will be with a model similar to what Volker did in the 80s which was to rachet rates sky high. A few years of that pain will be very beneficial for the overall health of the economy.
That and QUIT SPENDING!
ParticipantThe only way the economy will ever be fixed will be with a model similar to what Volker did in the 80s which was to rachet rates sky high. A few years of that pain will be very beneficial for the overall health of the economy.
That and QUIT SPENDING!
ParticipantJohnAlt it hurts you because you qualify for less. Prices never adjust with interest rates, they usually respond a few months AFTER the rate movement. I agree with you buying at a lower price is always better. However your buying power does get reduced unless you have a strong cash component to the purchase, strong being a relative term, because it all depends on the price range of the home you are looking at.
People with stronger cash positions will always benefit greatly from a higher interest rate environment then those that do not.
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