great deals: Great Time to Buy Real Estate!
- 12/19/07 10:23 AM
Salt Lake City, Utah: Draper, a city just outside of Salt Lake is giving some great Christmas gifts by way of real estate. I have a client on the lending side of my business looking at purchasing a home from a Lender on a Short Sale. The home is in a location that is famous right now for mortgage fraud, and the lender is looking to just get rid of the property. The home was purchased 12 months ago using 100% financing (Yep one of those!) The two liens totled $680,000 the 1st was $544,000 and the 2nd was $136,000. Now … (2 comments)
Salt Lake City, Utah: Draper, a city just outside of Salt Lake is giving some great Christmas gifts by way of real estate. I have a client on the lending side of my business looking at purchasing a home from a Lender on a Short Sale. The home is in a location that is famous right now for mortgage fraud, and the lender is looking to just get rid of the property. The home was purchased 12 months ago using 100% financing (Yep one of those!) The two liens totled $680,000 the 1st was $544,000 and the 2nd was $136,000. Now … (2 comments)
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