Foreclosure in Anne Arundel County : Advice

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Jessica Hood,…, Real Estate Pro in Odenton, MD
Jessica Hood, Realtor & ASP answered:
Are Orders of Ratification of Sale recorded. How can I find out the Name of the bank that bought back a unit at Foreclosure?
Hi There,

The new owner probably won't show up in the tax records for months because the County is slow to process but you can do a title search at no charge to see if it is in the w ... more
0 votes Share Flag Wed Jul 9, 2014 Foreclosure in Annapolis
Michael Nolen, Real Estate Pro in Salisbury, MD
Article Written By: Delmarva Home Relief, a Foreclosure and Loss Mitgation Consulting Firm speacializing in Planning Options for Homeonwers with Troubled Mortgage AssetsTo Read More artciles by Delmarva… Read more
Blogged Thu May 22, 2014 by Michael Nolen Foreclosure Investment Properties Home Ownership
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Michael Nolen, Real Estate Pro in Salisbury, MD
Article By: Delmarva Home Relief, LLC, a Maryland Foreclosure & Loss Mitgation Consulting Firm Spealizing in Planning Options for Troubled Assests.Are you a homeowner having difficulties with the Bank… Read more
Blogged Thu May 22, 2014 by Michael Nolen Foreclosure Investment Properties Home Ownership
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Angel Calzad…, Real Estate Pro in Fort Lauderdale, FL
Typically, homeowners who lost their homes to a short sale or foreclosure must wait about 36 months before purchasing a primary residence again with a Federal Housing Administration (FHA) loan. But the… Read more
Blogged Fri Apr 11, 2014 by Angel Calzadilla Quality of Life Home Buying Foreclosure
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Branden Schr…, Real Estate Pro in Annapolis, MD
Branden Schroeder answered:
How do I find out who bought a house in an Anne Arundel foreclosure auction held on the Annapolis court house steps?
Hello,

If the auction sale has been fully completed and settled with a deed transfer to the purchaser, the purchaser's name will be recorded in the land records of Anne Arundel Coun ... more
0 votes Share Flag Thu Apr 10, 2014 Foreclosure in Annapolis
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
Hello, I am currently in an active foreclosure , I am trying to save my house however my ex fiance' is on the loan and he moved out of our
Jessica,
You will benefit from discussing this with an attorney. You situation is very complex and requires too much personal information to make any specific recommendations for you ... more
0 votes Share Flag Fri Mar 14, 2014 Foreclosure in 20724
Jessica Hood,…, Real Estate Pro in Odenton, MD
Jessica Hood, Realtor & ASP answered:
I want to purchase a property that is a Homepath/REO. Is the listing price the full amount that the seller wants or is this like a bidding thing?
listing prices are usually negotiable. Fannie Mae normal does an appraisal or BPO to determine value but they don't always get it right. I've had them overvalue properties substantial ... more
0 votes Share Flag Mon Feb 17, 2014 Foreclosure in 21122
Jessica Hood,…, Real Estate Pro in Odenton, MD
Jessica Hood, Realtor & ASP answered:
How do foreclosure auctions work?
Hi Britt,

Foreclosure auctions are a great (but really laborious and time consuming) way to buy a home. You'll have to prepare careful comps. and not go over that price even if you ... more
0 votes Share Flag Tue Sep 24, 2013 Foreclosure in Annapolis
Roy Bush, Both Buyer and Seller in Phoenix, AZ
Roy Bush answered:
After foreclosure? Ratification process?
I had a buyer that wanted to buy a home in Arizona, but he had a Chapter 7 bankruptcy 7 months ago. I introduced a loan program at http://www.cfsflex.com, they allow a mortgage after a ... more
0 votes Share Flag Sun Jul 14, 2013 Foreclosure in Annapolis
Allen Gary, Real Estate Pro in Pasadena, MD
Allen Gary answered:
I am interested in the property on Lynn Avenue in Pasadena, MD. Can I schedule a showing with the assigned agent? Thanks, Gretchen
Hi Gretchen: It would be my pleasure to make the initial contact with the listing agent. I believe the property has an "offer pending". Should that be the case there are several oth ... more
0 votes Share Flag Fri Jul 5, 2013 Foreclosure in Pasadena
Allan Erps, Real Estate Pro in Nanuet, NY
Allan Erps answered:
$14,000 apart. So close and so far. How can this happen?
Hold steady to see if they crumble. Math aside just move on if not meant to be,,,
0 votes Share Flag Sat May 11, 2013 Foreclosure in Anne Arundel County
Britt Grothe…, Home Buyer in
Britt Grotheet answered:
Short sale. 6mo later we get a counter offer from the bank on the short sale house we are interested in.
UPDATE!
Hi All! You guys have been so helpful I just thought for anyone interested I would provide and update. If you read above you will see that the bank countered our $200,000 o ... more
0 votes Share Flag Mon Apr 22, 2013 Foreclosure in Anne Arundel County
Steve Queen, Real Estate Pro in Bowie, MD
Crofton MD Short Sale Information Author: Steve Queen A short sale occurs when a homeowner with a hardship sells a home for less than the amount due on the mortgage, with all the proceeds going to the… Read more
Blogged Sun Apr 7, 2013 by Steve Queen Market Conditions Home Selling Foreclosure
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Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
How did we miss this foreclosure!!??
Hi Britt,

keep an eye on it b/c if the bank just bought it back it should be listed soon.
0 votes Share Flag Sun Apr 7, 2013 Foreclosure in Annapolis
Jessica Hood,…, Real Estate Pro in Odenton, MD
Jessica Hood, Realtor & ASP answered:
In order to get the short sale moving can we contact the seller directly?
If the seller will not cooperate with the bank there isn't much you can do. It could be that the bank is asking them to contribute money to the sale or sign a promissory note for the n ... more
0 votes Share Flag Mon Feb 25, 2013 Foreclosure in Annapolis
Robert B. Mc…, Real Estate Pro in Maryland
Robert B. McArtor answered:
House was a short sale no opened as a foreclosure
Thank you for your input "First Time Buyer" - I have heard from some servicers that in some cases the Bank just simply wants the owner out of the home so they opt for a foreclosure rega ... more
1 vote Share Flag Thu Feb 14, 2013 Foreclosure in Annapolis
Miekeba Jones, Real Estate Pro in 20903
Miekeba Jones answered:
REO sales? How do we make sure we don't miss out on the foreclosure house we want once it becomes an REO home?
Hi Britt, have your Realtor keep up with the property. Have you chosen a Realtor to work with?
0 votes Share Flag Sun Feb 10, 2013 Foreclosure in Annapolis
Miekeba Jones, Real Estate Pro in 20903
Miekeba Jones answered:
Foreclosure auction
Hi Britt, have your Realtor research for you.
0 votes Share Flag Sun Feb 10, 2013 Foreclosure in Annapolis
Jessica Hood,…, Real Estate Pro in Odenton, MD
In November of 2012 Fannie Mae & Freddie Mac two of the largest (Government owned) backers of conventional loans put out new guidelines on how they would process short sales.  This was a two step… Read more
Blogged Mon Feb 4, 2013 by Jessica Hood, Realtor & ASP Home Buying Home Selling Foreclosure
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Natalie Dean, Real Estate Pro in 20007
Natalie Dean answered:
How does buying a foreclosed house work? Is it really as cheap as it seems?
Hi Sarah:
Loads of good advice by fellow Realtors. However I have to say that show a number of foreclosures that mirror the condition of short sales. The reason? Banks realize that the ... more
0 votes Share Flag Mon Jan 21, 2013 Foreclosure in 21401
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