Tag: buying

Chapter 4 — Buying A Condominium (3)

The concept includes hotels and park-side condos for Chinese visitors and Sino-curious tourists too far from Beijing. But Camden remains low-key, even when his company is constructing multimillion-dollar, 10,000-square-foot survival compounds, which real estate investment groups are selling as doomsday condos. The spacious two bedroom condo features a master bedroom, second bedroom, dining room, living space and two washrooms. Outlook: Gier’s Bass Pro reports: Bass fair on soft plastics and jigs 15 to 20 feet down over main-lake brush piles; crappies good (but small) on minnows or jigs 10 to 15 feet down over brush piles and off condo docks; all other species slow. Singapore Housing Singapore Property – Buy, Rent Singapore Property, Housing, Apartment, Condo, House.

But unlike in the detached home market in the largest cities, where it has long been the practice to keep driving until you can afford something, condo developers seem to have adopted a …

About Buying HUD Homes

A U.S. Department of Housing and Urban Development (HUD) home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on a Federal Housing Administration (FHA)-insured mortgage. Regardless of whether the property is being financed with an FHA insured mortgage, HUD does not guarantee or warrant that the property is free of visible or hidden defects, termite damage, lead based paint, or any other condition that may render the property uninhabitable or otherwise un-useable. If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home.

HUD does not warrant the condition of its properties and will not pay for the correction of defects or repairs. In the early ’90s, we bought a HUD and at that time, the bid with the highest NET to HUD was THE winner. In fact, in the case of …

Some Tips For Buying Foreclosed Homes (2)

There are many variables to consider when shopping for foreclosure homes, is it a bank owned home or is it a short sale. Fair Isaac, the company that created FICO (credit) scores, drops credit scores from 85 points to 160 points after a foreclosure or short sale. In the case of foreclosure, the mortgage company retains all rights to proceeds from a sale or auction. Don’t let your clients miss the opportunities in the homes that are available to purchase by focusing on homes that, as of yet, are not even controlled or owned by a bank. If you have general questions or comments about multifamily sales, read Multifamily Real Estate for Sale or write our sales webmaster.

This is in sharp contrast to many online foreclosure listings that may publish incorrect or out of date details about foreclosed homes. As in judicial sale, the mortgage holder and other lien …