All Forum Posts by: Victoria Dennis

Hi,

Have another questions... I am still trying to purchase a property in a particular neighborhood.  Through a little research I was told that one of the properties in this neighborhood that is currently a rental was owned by an older person that has passed away.  I would like to find out if the estate plans to sell this property.  How do I go about finding out who to contact about this?  Is there another way besides asking the current tenant?

Thanks

@Patti Robertson how do I join?  is it the tidewaterhomesva.com?  that just looks like your real estate website? 

btw its Airbnb   not Air B&B  ;)

@Christopher Phillips thanks so much for the insight..... it probably isn't going to work for me but thought I'd give it a try.....  :)

@Patti Robertson I would love to try to get to a meeting... problem is working during that time... I would maybe like to join and see what day might be most worth using my vacation hours.....  How do I join?

@Patti Robertson 

I'm a bit confused is the lunch next October? 

@Christopher Phillips

Thanks for the reply :)

So 150 points seems like more than a minor impact? So it takes 3 years to get a FHA loan again if he was behind but if he wasn't how long would it take? and excuse my ignorance but why do you mention the FHA vs. conventional? Can he get a conventional? I just really want his property (for a number of reasons) and I'm trying to find a way to make this happen since its not worth what he owes. I don't mind paying a little more than I should but I don't want to take a bath..... never know where the market is going also he is borderline hoarder and will need a lot of money to fix it up so then it would be even more in the hole... you have any other ideas for me? lol

I am looking to buy a specific property but the guy is underwater.  He's willing to take a loss but so far discussion is just paying off what he owes as the sales price.  At first I didn't think there would be much difference in his loan payoff and the value but now it is proably $20,000.00 give or take.  I was thinking of offering him a little cash incentive that he could walk away with some money if he was willing to do a short sale.  I know this would damage his credit but not sure how much and for how long if he would consider it or not.  He was not seeking to sell I approached him so not that motivated but he would like to move up north... anyone know about this or maybe have any other options for me to obtain this property?

I would love to!

@Aimee Lawrence I live in Virginia Beach.  I have been hosting with Airbnb for almost a year now.  I love it but it is more work than I had planned.  Part of it is me adding more work that is probably needed but also the turning over of the place.  If you have a low mortgage etc.  and can afford to pay someone to do the cleaning and lawn care then it wouldn't be so bad.  I have to maintain 2 homes now and am busy all the time.  I am looking to sell my current home and downsize.  I would love a place that has an inlaw suite that is on my property and smaller upkeep.... I'm going to look for that...  good luck!

@Rob Lane guess that link didn't work.... lol:(  still figuring that out!