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Most creative financing / conventional financing questions
Used to be on the All Experts.com "list" Active in the business for 20 years, operating Mortgage brokerage for last 10
National Associations Mortgage Brokers
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| Ben | 09/22/09 | 10 | 10 | 10 | 10 | Thank you for your quick response. I ..... |
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Sorry for the delay in responding - # 1 If they have an appraisal, they are required by LAW to provide you a copy of it. Do not sign ANYTHING - I HIGHLY recommend that you contact a qualified real estate
Thanks for your question - Where is the appraisal that the broker and construction claim they had done? Have you seen it? What has the construction lender said? You may be able to negotiate something
Sorry for the delayed response... Most lenders are going to require that the amount is paid in full (They treat the IRS as a credit reference, and technically, you're past due - it may lead to concerns
Thanks for your question - If the IRS hasn't placed any levies or liens against property, it is very unlikely that this information has been reported to the credit agencies - The only potential problem
Sorry - I didn't see the follow up post... You'd be unable to secure that second on a property you didn't own (you could consider selling the house and signing a private unsecured note for the second
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