| Name | Expertise | Status |
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Jonathan P. Magill
U.S.
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| I can answer all questions that pertain to financing and buying a HUD owned property. All questions pertaining to and regarding the recently passed Economic Stimulus Package and how it may affect your ability to finance a home using HUD's FHA Loan Programs. | Available
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Steele V. Propp
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| I can answer most foreclosure related questions. Buying, selling, the process of foreclosure, Loss Mitigation, Short Sales, etc. Both for HUD and VA homes as well as conventional foreclosures.
I work 100% in the Foreclosure arena, dividing my time equally between consumers going through foreclosure, people interested in buying foreclosures (investors and those looking for a home of their own for lesser cost), and with the lenders doing foreclosures. This unique three prong approach allows me to see all three sides of the typical foreclosure scenario. Our goal is to offer advice and create a win-win-win situation.
| Available
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AJ Willis
U.S.
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| I can answer all questions pertaining to flipping, lease options, REO, HUD, and preforeclosure/loss mitigation properties. I can also answer questions in regards to financing, structuring, and closing. | Available
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Jim Root
U.S.
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| Can inform on "What exactly IS a HUD Property & can one purchase one of these Homes at BARGAIN PRICES'?" Can answer questions with regard to using a variety of FHA-Insured Loan Programs for the purchase of HUD-Owned properties--the "Traditional" FHA Mortgage, the "203B," as well as two "Special" FHA Loans, the 203K & Streamline 203K. The 203B is used to purchase properties that meet FHA's Minimum Property Standards & the 203K & Streamline "K-Loan" are "Renovation Loans" that can be used to purchase & repair all in one loan package! Can provide GENERAL information on HUD property sales procedures, and the procedures used by VA & other Agencies that may put "Foreclosed Properties" on the market! Cannot give legal advice or opinions, nor serve as rhe Questionners' "Agent," but can "point the Questioner in the RIGHT DIRECTION for special guidance & assistance" with a HUD(or other "Foreclosed") Property purchase! My Research Assistant, Gale, shown here with me, is a former Licensed Realtor. | Available
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| Recent Answers |
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2008-06-21 Where to begin?: Based on your income, if it has been stable for the past 2 years and your credit in OK, 580 FICO or higher without any major derogatory i.e. BK, Foreclosure you would be able to qualify for this house...
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2008-06-21 foreclosure: You need to contact one of the many Florida state and local agencies that are assisting people in your situation. You have some of the best in the nation. In answer to your question, it takes about...
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2008-06-20 Where to begin?: Hi Jason: The first thing to do is get pre-qualified by a fully delegated FHA/HUD lender - NOT A LOAN BROKER. You can do this by contacting PMAC Lending Services and ask for Frank Gomez. He is...
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2008-06-16 Insured with Escrow: Lacey-- When a HUD Home is listed as "INSURED-Repair Escrow" it means that one can purchase the property with FHA-Insured Financing BUT it doesn't meet ALL FHA "Minimum Property Standards" (MPS) and...
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2008-06-11 HUD purchase-2 year timeframe: Dear Archie: If the initial FHA loan your prospective buyer got nearly 2-years ago was a standard FHA 203-B there is no specific time allotment that must pass before he is eligible to buyer another...
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