Home Buying in Arlington Heights : Advice

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Kathleen Lor…, Real Estate Pro in Baxter, MN
Kathleen Lordbock answered:
What is a short sale?
Short Sales are only short on money owed but are not short on time. Work with an agent who stays up to date on the short Sale process as it is changing daily. I have 3 certifications an ... more
0 votes Share Flag Thu Sep 30, 2010 Home Buying in Arlington Heights
Leili Mortaz, Real Estate Pro in Campbell, CA
Leili Mortaz answered:
should i sign over the deed to previous owner so he can avoid legal fees? how long do we have to vacate house if do sign over deed? Don't no
I am wondering why you did not add yourself to the loan on the property if you were the one's who were making the payment!? For most lenders, if you can show 12 month of cancelled ... more
0 votes Share Flag Wed Sep 29, 2010 Foreclosure in Arlington Heights
Thom Colby, Real Estate Pro in Irvine, CA
Thom Colby answered:
Should I deed over house to the trust owner or should I let him go thru the foreclosure process? Which gives us more time/money to find new place? TX

You should seek the advice of an attorney ASAP. Do not do anything "under duress". Are the bank loans in your name or in the former owner's name? If they ... more
0 votes Share Flag Mon Aug 30, 2010 Foreclosure in Arlington Heights
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