Foreclosure in 92405 : Advice

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Gerard Curre…, Real Estate Pro in Pasadena, CA
Gerard Current answered:
Short sale vs Trustee sale does one trump the other?
Has the property in question actually gone to sale yet? If not, then it probably means the bank is working with the homeowner to complete the short sale approval. The bank will contin ... more
0 votes Share Flag Tue Feb 8, 2011 Foreclosure in 92405
Chris Jensen, Real Estate Pro in Pleasanton, CA
Chris Jensen answered:
I want to give my rental property back to the bank it has two moryages
this is not "Legal Advice" However I do work for an attorney and Im a Legal Assistant/Realtor.

A couple of things to consider:

1: Have you tried to modify your loa ... more
1 vote Share Flag Wed Dec 15, 2010 Foreclosure in 92405
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
Vacant rental property not re-affirmed in bankruptcy filing. Now bank wants to talk to us re: deed in lieu of foreclosure. Advice please.

Like you, many Realtors and mortgage professionals are completely at a loss for words regarding how ineffectual and frustrating the whole loan mod program(s) h ... more
0 votes Share Flag Thu May 20, 2010 Foreclosure in 92405
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
can I deduct the deposit I made on house purchase if house goes into foreclosure?
No your deposit is not deductible.
0 votes Share Flag Fri Feb 12, 2010 Foreclosure in 92405
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