All Forum Posts by: Account Closed

thanks,

Thats what I have heard to.
thanks for the clarification libbyandy2007

Thanks

That make sense.

Is seller finacing consider a down payment for non-occupied loans?

when you say the lender pay for the fee. are you talking about the seller part of the closing cost?

If you want to do a short sale and there a listing agent invole. how is the agent gonna get paid. I thought all short sale should be fsbo. because who gonna pay the seller agent. I dont want to pay. and the seller cant pay the mortgage how can he/she pay the agent thats listing it? I am confused

Is this how the offer gose during a presentation? I am kinda lost in this area.

1. I have my lawer pre-write 3 contract. 1 for me, 1 for the seller, and 1 for the title company.

2. then I go to the seller house and present the offer with one of the conract plus a check of $10 as the earst money.

3. Lets say he accepts my offer. I would bring out the 2 other contract and have the seller sign them both now I have have all 3 contract sign.

4.I give him/her(seller) one contract and I keep one. and bring the third contract plus the check of $10 to my title company and then my title company will help me handle it from the there.

or do I have to get it notary before I go to the title company.

please any advice would be helpful.
show me how its done!

Is it true that double and simultanious closing ar different. and if so what are the differents?

I heard that double closing you(the whole saler) have to bring money to the table.
correct me if I m wrong.

I heard that your end buyer just has to bring the money to the closing on a simultanious closing.
correct me if I m wrong.

exist is to whole sale. I just need proof of funding so i look good for the short sale lender but I cant get proof through a regular lender. plus having a hard money lender is aslo like having cash,right? and thats what the other lender wants to see,right

so I should go to ahard money lender and get a pre approve letter and do you recommend anyone? thanks

thanks everyone that was helpful.
I 4 got to let you know that the owner/fsbo dose not want me to know this infor she just want me to make an offer then she'll let me know if she will accept it or not I dont want to be to pushy and push her away so I m going to go found out through the internet or call the recoder of deed and found out whats the web site I can get the infor, I dont have time to go down to the main office.
by the way she said(owner/fsbo) that the lender is willing to do a short sale!