Foreclosure in Aurora : Advice

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Deenateen, Home Buyer in South Miami, FL
Deenateen answered:
what is fannie mae reo propertie?
To help move its inventory of foreclosed real estate owned (REO) properties, Fannie Mae is offering financing to home buyers that they will not be able to get anywhere else (even throug ... more
2 votes Share Flag Wed Jun 10, 2015 Foreclosure in Aurora
Shaun Dixon, Real Estate Pro in 80013
Shaun Dixon answered:
how do you find out if foreclosure property is still available?
Before you begin the hunt for foreclosure properties, take a look at the different stages of the foreclosure process where buyers can find potential bargains on properties
0 votes Share Flag Tue Jan 6, 2015 Foreclosure in Peterson
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
If a previous foreclosure is listed as "Bank Owned" does that mean there's no bidding involved? Does the price of $40,673 transfer value = buy price?
reignn,
If you're looking at a RealtyTrac listing, the price has no bearing on what it takes to buy it. This may have been the amount owing or in arrears. Once bank owned, the bank ... more
0 votes Share Flag Fri Aug 1, 2014 Foreclosure in Tollgate Overlook
matt.overbee, Other/Just Looking in 60030
matt.overbee answered:
Lender insisting on de-winterization for appraisal. Who's liable if the entire home gets flooded?
Hello maplemale, just curious which lender you're working with that will do the loan based on a plumbing inspection report (air test). I'm having trouble finding one that will take that ... more
0 votes Share Flag Sat Jun 28, 2014 Foreclosure in 80010
David Landman, Real Estate Pro in Littleton, CO
David Landman answered:
The 1st mtg foreclosed in Feb 07, however the 2nd is still being reported on my credit as currently past due. How do I address this situation?
sometimes the foreclosure on the first lien will sell the property and all other liens will still outstanding. That is why a short sale is a MUST DO for homeowners in distress since tha ... more
0 votes Share Flag Mon Aug 26, 2013 Foreclosure in Aurora
David Landman, Real Estate Pro in Littleton, CO
David Landman answered:
When does the bank officially take ownership of a foreclosed property? How will I be informed?
you do not need to go to any private website from any person the public trustee website is free and for all!
0 votes Share Flag Mon Aug 26, 2013 Foreclosure in 80012
Sally Grenier, Real Estate Pro in Erie, CO
Sally Grenier answered:
It's been a few months now since the foreclosure of my home in California, and upon reflection i was hoping to get a question answered.
I agree with Robert. And...You need to be asking your attorney these questions. If the house was sold at auction on 4/9, and they let you stay there til 4/23? that sounds pretty nice ... more
0 votes Share Flag Tue Dec 18, 2012 Foreclosure in 80012
Esther Harns…, Real Estate Pro in Littleton, CO
Esther Harnsberger answered:
I am looking for an investor friendly agent
Good Day to you, Steve, I am also an investor and Realtor. I'd be happy to assist you. I can be reached at 303-902-1435. Kind Regards!
0 votes Share Flag Sat Oct 6, 2012 Foreclosure in Aurora
Matie, Other/Just Looking in Boston, NY
Matie answered:
How to find foreclosures that needs cleaning?
You need to contact the agent and ask him to send you pictures of foreclosure
0 votes Share Flag Thu Jun 7, 2012 Foreclosure in Aurora
Laura Stewart, Real Estate Pro in Highlands Ranch, CO
Laura Stewart answered:
how do i know wich bank this property belongs too?
The best way to research this is to check with the assessors office for the county the property is located in. If you would like me to look into it for you please email or call me direc ... more
0 votes Share Flag Tue Jan 18, 2011 Foreclosure in Delmar Parkway
Brian Burke…, Real Estate Pro in 80129
Brian Burke -Kenna Real Estate answered:
how do i know wich bank this property belongs too?
Like the other answers said it is listed now with an agent. The Bank is the Seller and now you must deal with the Agents if you want the Home.
Brian
0 votes Share Flag Mon Aug 16, 2010 Foreclosure in Delmar Parkway
Charka, Other/Just Looking in Aurora, CO
Charka answered:
What can HOA do in small claims court on foreclosed home??
Thanks to all for the answers and additional resources. I will be contacting an attorney to see what can be done to avoid paying this joke of an HOA.

Thanks!
Charka
0 votes Share Flag Mon Jan 4, 2010 Foreclosure in Aurora
Bob Schenken…, Real Estate Pro in Greenwood Village, CO
Bob Schenkenberger answered:
THE HOUSE MY FAMILY AND I ARE RENTING WILL BE AUCTIONED IN JULY. EVERY MONTH WE PAY RENT AND THE LAND LORD
Don't take this as legal advice, because I'm not an attorney (I don't even play one on TV) but it is practical advice. I wouldn't waste my time with a Lawyer. Your rental agreement al ... more
1 vote Share Flag Wed Mar 18, 2009 Foreclosure in Aurora
Brian Burke…, Real Estate Pro in 80129
Brian Burke -Kenna Real Estate answered:
My home just sold at auction. I went to retrieve my possessions and found a lock box on the door.
is there any paper on the window??? Are the locks changed???
How long where you gone when the box was put on???
This is weird? I would suggest get in touch with the Public Trustee.
0 votes Share Flag Sat Mar 14, 2009 Foreclosure in Aurora
Robbeaux,  in Lafayette, LA
Robbeaux answered:
can a lender garnish your savings or retirement income if you go into foreclosure?
Richard
Stuarts advice is great. The best thing is to avoid foreclosure anyway you can.

http://www.help-me-shortsale.com
0 votes Share Flag Tue Oct 7, 2008 Foreclosure in Aurora
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Does anyone know a rough estimate of how much the bank will normally accept on a short sale? I heard it was
Chris,

Each foreclosure transaction is different and there is no canned formula on which you can depend. One thing is certain about what each banks expectation are.........to sell fo ... more
0 votes Share Flag Wed Sep 10, 2008 Foreclosure in Aurora
Brian Burke…, Real Estate Pro in 80129
Brian Burke -Kenna Real Estate answered:
Does anyone know a rough estimate of how much the bank will normally accept on a short sale? I heard it was
The 85% of market value is pretty accurate. They would like to get 90% is possible. However, each short sale is unique. It also depends on many factors what the lender considers the mar ... more
0 votes Share Flag Sun Aug 17, 2008 Foreclosure in Aurora
Rinh, Home Buyer in Denver, CO
Rinh answered:
We're thinking about buying in Murphy Creek, would you consider this area to be decent investment?
Diana,

Tim Childs gave you the best answer. This area is building like mad and the prices are dropping. You don't want to lose equity after you move in. The houses are beautiful b ... more
0 votes Share Flag Tue Feb 5, 2008 Foreclosure in Murphy Creek
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