Foreclosure in 94550 : Advice

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Eric J Soder…, Real Estate Pro in Pleasanton, CA
Eric J Soderlund answered:
I own a rental property in Los Angeles that is 20% loan to value. My other property in Las Vegas just went into forclosure with one loan. Can the?
To avoid this type of problem in the future. look into Land Trusts. It allows you to separate properties from each other with regards to legal actions such as liens and lawsuits. With p ... more
0 votes Share Flag Tue May 18, 2010 Foreclosure in 94550
John Juarez, Real Estate Pro in Fremont, CA
John Juarez answered:
how often does gmac file for a deficiency judgement in connecticut after foreclosure?

Whatever the answer to your questions is…and, not being in Connecticut, I have no idea what the answer is…that answer will only be good for today. GMAC, or any lend ... more
0 votes Share Flag Wed Nov 4, 2009 Foreclosure in 94550
Meena Gujral, Real Estate Pro in Pleasanton, CA
Meena Gujral answered:
Can we lose our primary residence or have a lien placed against us if we stop paying on our rental?
Hi Spacerat,

I am sorry to hear of your situation. As the agents below have mentioned, you are not alone. You should talk to the lender and try to get a loan modification done. Beli ... more
0 votes Share Flag Fri Sep 25, 2009 Foreclosure in 94550
Joanna Jensen, Real Estate Pro in 94566
Joanna Jensen answered:
Short Sales, how do they work?
Hi Craig,

Are you buying the home yourself?

You need to know a few things.

How many mortgages are there. If there is a 2nd loan how much equity does it have. If if has no e ... more
0 votes Share Flag Wed Aug 19, 2009 Foreclosure in 94550
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