Foreclosure in Berkeley : Advice

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Alex Greer, Real Estate Pro in California
Alex Greer answered:
is it still availble?
Is what?

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://ww ... more
0 votes Share Flag Wed Oct 1, 2014 Foreclosure in Claremont
Tammy Hayes, Real Estate Pro in Port Charlotte, FL
Tammy Hayes answered:
I am interested with this property, but have never deal with purchasing a house before. Any advice?
If you are currently in the market for your first home, you probably have lots of questions. You are about to be making an important decision for your future, a great investment of both ... more
0 votes Share Flag Mon May 5, 2014 Foreclosure in Southwest Berkeley
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
What is the process for buying a foreclosed home? Are they hard to purchase? What time frame should one allow for this process?
I agree with Tomi - it depends. Here is a post that may be helpful:

How To Buy An REO – Top 17 Questions Answered
http://www.trulia.com/blog/carl_medford/2009/04/how_to_buy_a ... more
0 votes Share Flag Fri Jun 21, 2013 Foreclosure in Berkeley
Tomi Thomas, Real Estate Pro in Berkeley, CA
Tomi Thomas answered:
Foreign ownership - resale or auction sale. Who can assists me?
Hello, Dan. Find an agent you really want to work with and let them educate you on this process. I do not recommend that you buy an auction property...because you have to buy them AS ... more
0 votes Share Flag Mon May 20, 2013 Foreclosure in South Berkeley
Tomi Thomas, Real Estate Pro in Berkeley, CA
Tomi Thomas answered:
Interested in purchasing multifamily - as a project and primary residence; the majority are bank owned or foreclosures. Any advice on where to start?
Katey, great question. The answer is complex. I concur with most of what I see below, & these answers just scratch the surface, because a full discussion is too much to have on chat bo ... more
0 votes Share Flag Mon Sep 17, 2012 Foreclosure in 94703
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
How do I come into contact with agents who are looking for Property Preservation work on REO properties without being a nuisance?
You won't know until you ask. I suggest you set up a series of emails and phone calls, followed up by a personal visit. Most agents already have established contracts, however, the ... more
0 votes Share Flag Sat Oct 8, 2011 Foreclosure in Berkeley
Tomi Thomas, Real Estate Pro in Berkeley, CA
Tomi Thomas answered:
I have a five year lease. Rent bottom of house. Can I be evicted if owners lose house?
Liz is correct, you definitely want to rely on the local rules on this. Berkeley has certain eviction protections for renters that are somewhat different than the state rules. Only th ... more
0 votes Share Flag Tue Sep 13, 2011 Foreclosure in Berkeley
Silvia G Hot…, Real Estate Pro in Berkeley, CA
Silvia G Hotaranu answered:
Is there a free way to get foreclosure listings?
Work with a real estate agent ...
0 votes Share Flag Fri Jul 16, 2010 Foreclosure in 94709
Kamal Randha…, Real Estate Pro in California
Kamal Randhawa answered:
can anybody recomment a realtor experienced in pre-foreclosure? in Berkeley area. Thanks
Hello Sabine,

I have extensive knowledge in pre-foreclosures, REOs, and I even provide free loan modifications for those who are really in distress. I would be happy to speak with y ... more
0 votes Share Flag Thu Oct 1, 2009 Foreclosure in Berkeley
Martin Macis…, Real Estate Pro in South Portland, ME
Martin Macisso answered:
Could you please explain why there is huge differences foreclosure listing such as some listing about $20,000?
A basic answer is the listing broker has the ability to low ball a BPO(Broker Price Opinion) and have the property listed way under fair market value, if Fannie Mae has no idea of the c ... more
0 votes Share Flag Thu Oct 1, 2009 Foreclosure in 94709
Lisa Cartola…, Real Estate Pro in Oakland, CA
Lisa Cartolano & Ellen Diamond answered:
Hi- we are first time buyers looking in Berkeley/Oakland. How would we go about buying a foreclosed property?
Rick

Hi Jt,

There are a lot of options for foreclosed properties in Oakland, and a few in Berkeley. These homes are typically listed on the MLS as other homes.

Before looking ... more
0 votes Share Flag Wed Jul 23, 2008 Foreclosure in Berkeley
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