Foreclosure in 90025 : Real Estate Advice

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Darlynemicha…, Home Buyer in New York, NY
Darlynemichaels asked:
My home is not for sale Please remove your Listing REMOVE YOUR LISTING: 2018 GLENDON LA
IT IS NO LONGER FOR SALE
0 votes Share Flag Tue Sep 22, 2015 Foreclosure in 90025
Julie Boyd, Real Estate Pro in San Juan Capistrano,...
Julie Boyd answered:
Short Sale and Chapter 7 Bankruptcy, what can the buyer in approved short sale do if the seller decided to file bankruptcy at escrow?
Understanding Bankruptcy and Short Sales:

Hi, I'm sorry if my message doesn't reach you in time! It sounds like you could have really used some expert advise. Most of my short sales ... more
0 votes Share Flag Thu Oct 2, 2014 Foreclosure in 90025
Roy Bush, Both Buyer and Seller in Phoenix, AZ
Roy Bush answered:
If when I filed for Bankruptcy chapter 7 and I did NOT reaffirm my home, will I be subject to a deficiency judgment? In Minnesota
I had a buyer that wanted to buy a home in Arizona, but he had a Chapter 7 bankruptcy 7 months ago. After researching the web I found a loan program at http://www.cfsflex.com, they allo ... more
0 votes Share Flag Sun Jul 7, 2013 Foreclosure in 90025
Royal Real E…,  in 90275
Royal Real Estate Group answered:
Short Sale in Bankruptcy: If trustee releases the property during trustee meeting, when does title get recorded?
If you are the buyer in a short sale where seller have filed for chapter 7 bankruptcy protection. If the bankruptcy court judge signs an order providing relief from stay, and lender has ... more
0 votes Share Flag Wed May 22, 2013 Foreclosure in 90025
Nancy Celis, Real Estate Pro in Covina, CA
Nancy Celis answered:
In California, if my house is foreclosed on, can the lender then come after me for remainder of loan, attorney fees and/or foreclosure costs?
Best advice will be to speak to your real estate attorney on the deficiency. For informational purposes only - if you have to move to another country, you almost have no choice but to ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 90025
Nancy Celis, Real Estate Pro in Covina, CA
Nancy Celis answered:
what type of document can a trustee provide in order to proceed with a short sale after bkrpcy?
What you will need is the discharge for the bankruptcy. Title may show there was a bankruptcy filed and if you want to avoid an issues with title, provide the discharge - the bankruptc ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 90025
Nancy Celis, Real Estate Pro in Covina, CA
Nancy Celis answered:
What can an agent in a short-sale do to get more commission after verbal approval by lender and signed counter by seller and buyer?
Short sales are subject to lender approval and we as agents know that we will not always receive the commission we request. An agent that is trying to rework a contract to get more mon ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 90025
Helen Chong, Real Estate Pro in Campbell, CA
Helen Chong answered:
If foreclosure proceedings have started against my property does that mean it has been released my the Bk trustee or court?
I agree with Karen. Unfortunately, realtors are not allowed to give you any legal advice. With your situation, we do highly recommend you to speak with your BK attorney immediately.

... more
0 votes Share Flag Fri Feb 4, 2011 Foreclosure in 90025
Tammy Hayes, Real Estate Pro in Port Charlotte, FL
Tammy Hayes answered:
What is a foreclosure? And should we wait longer for possibly better deals?
Foreclosure is the enforcement of a lien. It is accomplished by legal proceedings in court as the result of nonpayment of a debt. Foreclosure terminates the rights of the owner and re ... more
0 votes Share Flag Fri Oct 29, 2010 Foreclosure in 90025
Heather Paul, Real Estate Pro in Santa Monica, CA
Heather Paul answered:
Other than impacting ones credit score, what are the other pros and cons to Short Sale vs. Foreclosure?
Dear Stressed Home Seller, thanks for the update. I think your broker maybe incorrect on this, fha financing may be hard for this property however nearly all other financing loans and ... more
0 votes Share Flag Tue Oct 19, 2010 Foreclosure in 90025
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