SUBMITTED OUR FIRST 2 OFFERS!!!!!!!!!!~
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Hi all! This is my first journal entry.....wait till you hear this......
SUBMITTED OUR FIRST 2 OFFERS!!!!!!!!!!~
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Hi all! This is my first journal entry.....wait till you hear this......
Found 1 property for $149,900. 2 BR/1 B & submitted an offer for $50,000. Their realtor said that the property was worth more than that, but submitted it anyway. After a few counters, they finally agreed to $100,000 with probate approval. The papers were submitted to the probate attorney, who now says that the price was way too low & that he is going to offer the property to the other family members to see if they would like to purchase it at that price. The attorney felt that if this property was going to be "given away" at this price, it should go to a family member. What????? Isn't the function of a probate attorney to make sure that the will and assets are distributed properly? So here's the $100,000- go distribute it. Our realtor is livid. So are the sellers. Anybody have any ideas?
Help! Someone came to me that heard that we are Real Estate Investors. She said that her husband (whom she will be divorcing) has not paid the mortgage for a few years and is going in foreclosure. Her name appears on the house, so her credit will be the one affected & not her soon to be ex-husband and they've owned the house for about 25 years. Here's the thing...she must have refinanced over & over because she owes $305,000 & the zestimate is only $220,000, although I know that in that area of town we could get much more, not $305,000 though. I know Dean has talked about how he has helped people in this situation. Dean, are you out there??? Please help!! I really feel like I could help her if I knew how to finangle the numbers right.
Thanks!!!! mary