Foreclosure in Monroe County : Real Estate Advice

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John Burke, Real Estate Pro in Austin, TX
John Burke answered:
I want to buy a foreclosed home the bank wants cash and the home is in need of repair. I don't qualify for a 203 loan anyone one know where I can go.
Hi Bartinpa,

If the main thing needed is a good cleaning & heating system you may still be able to do a VA mortgage.

I can do a VA Energy Efficient Mortgage (EEM) which will allow ... more
0 votes Share Flag Fri Apr 15, 2016 Foreclosure in 18322
Bthompson0727, Home Buyer in 18322
Bthompson0727 asked:
The home I want is a forcloser the bank wants cash it would not pass a home inspection because it needs work. I found lender if we were going to flip it . We have a approval for a va. Loan once it's fixed . Anywhere I can go.
0 votes Share Flag Tue Apr 12, 2016 Foreclosure in 18353
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
How long due u have to wait after foreclosure to get another loan to purchase another home?
5 to 7 years, but it takes more than time and depending on other variables you might buy sooner. The real question is when can you qualify for another mortgage. Conventional ... more
0 votes Share Flag Sat Oct 10, 2015 Foreclosure in East Stroudsburg
Digi38, Home Buyer in Stroudsburg, PA
Digi38 asked:
Foreclosure biding How do I know I am being treated fairly when putting a bid with my agent against the listing agent since the listing agent wants the whole commission.
0 votes Share Flag Thu Sep 3, 2015 Foreclosure in 18360
Kriss Ferrara, Real Estate Pro in Stroudsburg, PA
Kriss Ferrara answered:
Exactly which property is this? Is it safe to believe that this is the property on the corner?
I have a listing at 2199 Deerfield Way; it is a very nice 4 Bedroom, 3 Full Bath home and NOT a foreclosure. Please visit: to see more info or call me at 570-350-71 ... more
0 votes Share Flag Mon Aug 17, 2015 Foreclosure in Scotrun
Katelyn, Home Buyer in Dallas, PA
Katelyn asked:
When listing a bank owned home, do they have to disclose that it is a forclosure? We are interested in a home that went bank to the bank through a sherriff's sale (for under $7,000, fair market value was valued at $63,000 in the deed transfer info) and after trying…
0 votes Share Flag Fri Jul 31, 2015 Foreclosure in 18610
Lorena Sienko, Real Estate Pro in Westfield, MA
Lorena Sienko answered:
Mortgage Insurance covers the bank. Talk to an agent, try to sell
0 votes Share Flag Wed Jul 29, 2015 Foreclosure in Tobyhanna
Lorena Sienko, Real Estate Pro in Westfield, MA
Lorena Sienko answered:
I have a rental property that needs 20k in repairs and is 20k under water. What would a short sale do to my credit?
A short is looked upon more favorably than a foreclosure providing you continue to make the payments on the mortgage during the process. Your credit should rebound not long after howeve ... more
0 votes Share Flag Wed Jul 29, 2015 Foreclosure in Tobyhanna
Gary Swank, Real Estate Pro in Pittsburgh, PA
Gary Swank answered:
I have sent my information to a agent to see a home that is for sale in which me and my fiance would like to buy out cash. But still no response.
If you are not under a buyer's agency agreement, move to another agency who is more responsive.
0 votes Share Flag Sun Feb 15, 2015 Foreclosure in East Stroudsburg
marge2you, Home Buyer in Beacon, NY
marge2you asked:
I am looking for foreclosures in the pocono mtn, PA region or the catskills, NY not near any schools with nearby amenities but no hoa, for investment. No minimum - $30k
Most bang for the buck
I may buy more than one
3-4 bedroom
I prefer finished/unfinished basement
high ceilings
multi level
brick or stone base
No major…
0 votes Share Flag Tue Oct 21, 2014 Foreclosure in Pocono Pines
xstitch@ptd.…, Home Buyer in East Stroudsburg, PA answered:
Does anyone know anything about the Sawcreek estates? Is this a decent community to raise my children?
Barbara Krauss - Home Owner

Saw Creek is a a beautiful place to live but you have a board of directors that are power crazy. This community has over 3,000 home and their monthly meet ... more
0 votes Share Flag Sun May 11, 2014 Foreclosure in East Stroudsburg
Stacey Lynn, Real Estate Pro in Greene Township, PA
Stacey Lynn asked:
Renting a house. Sheriff sale 2/27/14 help please Hi, my family and I are in a home that is going up for sheriff sale on 2/27/14. The landlord's daughter states that if the house doesn't sell on the day of the sheriff sale it…
0 votes Share Flag Tue Feb 11, 2014 Foreclosure in Cresco
Tom Sommers/…, Real Estate Pro in Lakeville, MN
Tom Sommers/Edina Realty answered:
what's the process of finding out more about a home that is up for foreclosure auction in east stroudsburg?
Auctions are tricky. You can start with the county and then I would suggest contacting a real estate agent to help guide you through the process. Keep in mind many banks have reserves ... more
0 votes Share Flag Thu Dec 5, 2013 Foreclosure in East Stroudsburg
Theresa Kane, Real Estate Pro in Clarks Summit, PA
Theresa Kane answered:
We would like to but a second property, close to NJ, maybe in Pike county or Monroe, close to ski. Any kind of info for the best location?

I am a Realtor with a beautiful 1800 sq ft home in Historic Pocono Manor. Pocono Manor is near Mount Pocono. This home is located on a very pretty wooded lot with lots of p ... more
0 votes Share Flag Mon Sep 16, 2013 Foreclosure in Pocono Manor
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
Listed prices in ads
I suspect these listings may be homes in pre-foreclosure. Anyone with an unpaid lien can file for foreclosure. When they do, very often the bank that holds the first mortgage will pay ... more
2 votes Share Flag Sun Sep 15, 2013 Foreclosure in East Stroudsburg
Lynn Ydoyaga, Real Estate Pro in gouldsboro, PA
Lynn Ydoyaga answered:
Hi Sharda,

It is always best to work with a Buyer's Agent. I am n Accredited Buyer's Agent & would be happy to help you make the process of purchasing a property both ... more
0 votes Share Flag Wed Sep 4, 2013 Foreclosure in Tobyhanna
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