Foreclosure in Grand Rapids : Advice

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Christopher…, Real Estate Pro in Grand Rapids, MI
Christopher Williams KWRT answered:
Cash for the keys
Sorry to hear about your troubles.

First, I'm not an expert on this, but this is what I think. Your best bet is to get an attorney or legal aid involved. A good Bankruptcy attorney ... more
0 votes Share Flag Mon Mar 23, 2015 Foreclosure in 49503
Ryan Desch, Real Estate Pro in Lawrence, KS
Ryan Desch answered:
Cash for the keys
"Cash for Keys" is a way that banks can negotiate with a owner in the foreclosure process whereby the owner agrees to vacate the property, leave it in good condition, and relinquish tit ... more
0 votes Share Flag Thu Mar 19, 2015 Foreclosure in Grand Rapids
Jame Perry, Real Estate Pro in 49341
Jame Perry answered:
MY house is facing foreclosure. Last year my mortgage company, Everhome sold the mortgage to Green Tree. Everhome is the bank listed not green tree...
This is a common practice in the Banking Finance world. Banks who sell mortgages will bundle them together and offer them as a commodity on the market for investment purposes to other ... more
0 votes Share Flag Sat Jan 17, 2015 Foreclosure in 49546
Derek Tunison, Real Estate Pro in Clinton Township, MI
Derek Tunison answered:
We are interested in looking at the house please let us know about details
If you like, I would be happy to put you in touch with a Real Estate Agent in Grand Rapids to work with. I am a Mortgage Specialist, and provide financing for home buyers in the State ... more
0 votes Share Flag Tue May 27, 2014 Foreclosure in Garfield Park
Derek Tunison, Real Estate Pro in Clinton Township, MI
Derek Tunison answered:
interest in the property let us know some details
Best thing you can do is ask a local Real Estate Agent. I am a mortgage specialist in Michigan, I can provide you with a Pre-Approval for financing if you are interested. The applicat ... more
0 votes Share Flag Sat May 24, 2014 Foreclosure in Alger Heights
Rebeccatrulia, Renter in United Amigos, Mesa,...
Rebeccatrulia answered:
Can a second position mortgage remerge if we cash in retirement money to buy our house back at the auction? We have filed a Chapter 7.
Hi Elizabeth

I have a reverse mortgage. You can ask any question from reverse mortgage direct. They are very helpful.

http://www.reversemortgagelendersdirect.com/reverse-mortgage- ... more
0 votes Share Flag Thu Sep 26, 2013 Foreclosure in 49546
t.handley, Home Owner in Grand Rapids, MI
t.handley answered:
Need some suggestions for good RE attorney in Grand Rapids with emphasis on foreclosure and tax liens.
Steve Cook is an attorney in the Cascade area. He has experience with subdivision and building permits, liens etc. (616) 2924438
0 votes Share Flag Fri Jun 14, 2013 Foreclosure in 49504
Dave Kiel, Real Estate Pro in Grand Rapids, MI
Dave Kiel answered:
I'm a tenant, and the duplex we're renting has been foreclosed on. Our landlord's redemption period ended on February 9th. What are my?
You should be able to qualify for a cash for keys, which would pay for relocation and down payment. Most banks offer that to people in your situation. I would also put the utilities i ... more
1 vote Share Flag Tue Feb 19, 2013 Foreclosure in 49503
Brek Schutten, Real Estate Pro in Grand Rapids, MI
Brek Schutten answered:
What is the address of this foreclosure property?
Unfortunately this property is not currently listed for sale and they will not disclose the address because it may not be offered for sale. If you are interested in seeing similar prop ... more
0 votes Share Flag Fri Jan 11, 2013 Foreclosure in Fuller Avenue
Beau Otis, Real Estate Pro in Caledonia, MI
Beau Otis answered:
I have a townhouse which I paid $107,000 for. I just refinaned for the balance of $70,000. Just married. Is there any help 49525 area?
Penny,

I am not sure exactly what help you're looking for but I am a Realtor who services your area. I would be happy to answer any questions you may have, at no cost or obligat ... more
0 votes Share Flag Fri Nov 2, 2012 Foreclosure in Grand Rapids
Karl Roelofs, Real Estate Pro in Grand Rapids, MI
Karl Roelofs answered:
Don't know what to do..?
My mortgage man may be able to help you, but I will not know until I can give him your name and phone number. Please email your name and phone number to kroelofs@grar.com, or call me ... more
0 votes Share Flag Wed May 16, 2012 Foreclosure in 49505
John Hilton, Real Estate Pro in Grand Rapids, MI
John Hilton answered:
I want to find out if the house next to me is in forclouser or up for sale, how do i do this ?
If the home is listed,that easy to answer. If the home is vacant is there paperwork of any kind posted to the door, usually the front door. If all else fails you can ck with the city ... more
0 votes Share Flag Mon Jan 23, 2012 Foreclosure in Grand Rapids
Steve Dykstra, Real Estate Pro in Hart, MI
Steve Dykstra answered:
Why banks and mortgage companies 90% of times are using worst available realtors to sell their properties? I am buying and selling foreclosed homes
Dale,

The bank hires a broker that can put 50 to a 100 homes on the market. A lot of the brokers spend their time listing the homes and put the keyboxes on the home. Most of the hom ... more
0 votes Share Flag Wed Jan 4, 2012 Foreclosure in Grand Rapids
Steve Dykstra, Real Estate Pro in Hart, MI
Steve Dykstra answered:
Can we get financial help with buying our home back after foreclosure?
If you would have used the 25% of what the house is currently being sold on your monthly payments you agreed to pay when you took out your morgage you would not be where you are. Sorry ... more
0 votes Share Flag Wed Jan 4, 2012 Foreclosure in Grand Rapids
Steve Dykstra, Real Estate Pro in Hart, MI
Steve Dykstra answered:
Are bank short sales driving the real estate market in Grand Rapids?
Bonnie,

Their are a lot of short sales in our market but I try to avoid them. It takes 3 to 4 times more work and time and your chance of closing is slim. There are a lot of sugsessf ... more
0 votes Share Flag Wed Jan 4, 2012 Foreclosure in Grand Rapids
Dana, Home Owner in Alaska
Dana answered:
Renter's home forclosed on, what are my options?
If you are interested in buying it, I would contact the landlord and the bank and find out if short sale or an assumable loan are still possibilities. The bank likely does not want to s ... more
0 votes Share Flag Sun Dec 18, 2011 Foreclosure in 49504
Karl Roelofs, Real Estate Pro in Grand Rapids, MI
Karl Roelofs answered:
What is the typical length of time for a homeowner to approve a short sale offer? This is the homeowner approval stage, not the bank approval stage.
Suggest to your agent that he contact the listing agent and recommend that the seller use "Sun Law Group".
0 votes Share Flag Thu Aug 4, 2011 Foreclosure in Grand Rapids
Lisa and Gor…, Real Estate Pro in Temecula, CA
Lisa and Goran Forss answered:
How much to offer on a foreclosure?
Short answer is to work with an experience realtor, especially one who is used to deal w foreclosures. We list bank owned properties but not in your area. Some banks list them in the ... more
1 vote Share Flag Sun Mar 20, 2011 Foreclosure in Grand Rapids
Vera Gonzalez, Real Estate Pro in Sterling Heights, MI
Vera Gonzalez answered:
Does anyone know if Michigan foreclosure statues allow homeowners in foreclosure the right to rescind or cancel a purchase agreement?
REESE12,

Ute is correct. This is a question for an attorney. There are many in Michigan that are very qualified to help you.


Good luck,

Vera
0 votes Share Flag Tue Dec 21, 2010 Foreclosure in Grand Rapids
Pete Bruinsma, Real Estate Pro in Grand Rapids, MI
Pete Bruinsma answered:
What office in GR must a trustee go to in order to file a notice of default?
It sounds like you'll probably need to go to the appropriate district court, file the relevant paperwork, schedule a hearing, and obtain a money or possession judgement. It is not ... more
0 votes Share Flag Tue Dec 21, 2010 Foreclosure in Grand Rapids
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