Foreclosure in Fairfax : Real Estate Advice

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Jonathanbowm…, Home Buyer in Fairfax, VA
Jonathanbowman60564 answered:
How to become a REO listing agent?
You can definitely get tons of listings from asset managers if you apply to the right companies. I connected with this company called REO Education and they provided the companies and ... more
0 votes Share Flag Mon May 23, 2016 Foreclosure in Fairfax
Americasadvo…, Home Buyer in Fairfax, VA
Americasadvocacygroup asked:
call me on the auction
0 votes Share Flag Tue Feb 23, 2016 Foreclosure in Fairfax
Lynnkiaa, Home Buyer in Los Angeles, CA
Lynnkiaa answered:
I am interested in buying foreclosed properties at courthouse auction. How can I find out what properties are going on auction and auction timings?
Buying at the court house auction is risky but you can get great deals. The catch is you have to have all cash, its as is and you get NO contract. Once you are confirmed as the highest ... more
2 votes Share Flag Tue Aug 18, 2015 Foreclosure in Fairfax
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
First killing deal in short sale, doesn't want second to ask for more from buyer
First, there isn't enough money in the deal to help fund it with part of your agent's commission.

Besides, your agent is working harder on this deal than on most--he/she is more than ... more
0 votes Share Flag Mon Sep 2, 2013 Foreclosure in 22030
John Ginty, Real Estate Pro in Reston, VA
John Ginty answered:
could you forward me more information about this house?
You have already received accurate information from Chris and Kathy. If you need assistance finding a home I am more than happy to speak with you. You can call me directly on my cell at ... more
0 votes Share Flag Thu Jun 20, 2013 Foreclosure in Fairfax
 passem86, Real Estate Pro in North Port, FL
passem86 answered:
I am a Broker Lic. Real Estate, I want to know how can I to get realtors to my office. Thank you.
As a newer agent, I found my broker through her advertising, and was so impressed by her and the other agents in the office, I knew I wanted her to activate me. She is a teaching broker ... more
0 votes Share Flag Thu Nov 22, 2012 Foreclosure in Fairfax
Salvador J L…, Real Estate Pro in Arlington, TX
Salvador J Lagdameo answered:
when is the auction date?
Which property are you referring to?
0 votes Share Flag Thu Aug 16, 2012 Foreclosure in Fairfax
Lyle Wolf, Real Estate Pro in Morristown, NJ
Lyle Wolf answered:
Buying foreclosed properties at the county court steps
You might find the following article:
The 4 Foreclosure Related Real Estate Opportunities useful.
http://www.trulia.com/blog/lyle_wolf/2010/11/the_4_foreclosure_related_real_estate_op ... more
0 votes Share Flag Mon Nov 7, 2011 Foreclosure in Fairfax
Bill Hoffman, Real Estate Pro in Fairfax, VA
Bill Hoffman answered:
List of properties for foreclosure auction
Marconi,

Try going to www.homepath.com

They have a program set up called first glance. (I think that is the name of it). It is foreclosures through Fannie Mae. If you are going to ... more
0 votes Share Flag Mon Nov 7, 2011 Foreclosure in Fairfax
Sonal Goda, Real Estate Pro in Reston, VA
Sonal Goda answered:
My mom's house was supposed to auctioned, cancelled due to weather. I guess. Loan is 130K, how hard will they try and auction for more?
Hello QTC62,

I think you would really benefit by contacting an agent that is familiar with the foreclosure auction process. It is not clear what your goals are with regard to ... more
0 votes Share Flag Wed Feb 2, 2011 Foreclosure in Fairfax
Heather Hope…, Real Estate Pro in Southern Pines, NC
Heather Hope Lewis answered:
In a short sale, what are my options when the 2nd mortgage holder won't play ball? If they accept a small payout, how do I negotiate debt
What do you mean by play ball?
Are they willing to accept a small portion or are you saying they flat out won't?
Are they requesting for you to sign a promissory note or asking ... more
0 votes Share Flag Tue Nov 9, 2010 Foreclosure in 22030
Restoration…,  in Fairfax, VA
Restoration Capital answered:
How and where can I find timely auction results from the Fairfax county courthouse without having to be?
These days (2010), you can expect some additional delay with the foreclosure moratorium. However, generally speaking it should take several months with larger banks and only a couple m ... more
0 votes Share Flag Mon Oct 25, 2010 Foreclosure in Fairfax
Michael Allen,  in Glen Allen, VA
Michael Allen answered:
just got a house from the auction by putiing some deposit, do we have to pay closing cost? we will pay 100% cash
Hello Podizm

I attend auction everyweek - yes closings cost you will need to pay for as were mention- mostly related to the Title company.

regards

Mike Allen
0 votes Share Flag Thu Aug 12, 2010 Foreclosure in Fairfax
Dp2, Other/Just Looking in Virginia
Dp2 answered:
how much would be closing cost if we got a house from courthouse auction in fairfax,va? does it go by percentage?
You can estimate them to be roughly 10% provided an agent is involved, and 4% otherwise. It's also possible for you to negotiate a lower amount, but keep in mind that many of the ... more
0 votes Share Flag Wed Aug 11, 2010 Foreclosure in Fairfax
Kevin Berry, Real Estate Pro in Lorton, VA
Kevin Berry answered:
Need experienced foreclosure home buyer agent in Fairfax, VA 22030,22031, 22033. and Atleast 0.8% back to buyer towards closing.
While I would be happy to work with you finding a home and saving you money doing so, please keep in mind you always get what you pay for. The real savings will be seen using a agent w ... more
0 votes Share Flag Wed Jul 14, 2010 Foreclosure in Fairfax
Seon Kang, Real Estate Pro in Chantilly, VA
Seon Kang answered:
What is the required deposit amount to bring to the forclosure auntion in Leesburg, Virginia?
It's 10% of your total bid amount. Good luck. It's harder to get those properties these days.
0 votes Share Flag Tue Jul 13, 2010 Foreclosure in Fairfax
Amy Stanley, Real Estate Pro in Manassas, VA
Amy Stanley answered:
what it the risk of buying a foreclosure house?
Hi Home Buyer 22030,
I work with around 125 foreclosure homes a year. As the buyer, you have all of the traditional opporrunities to inspect the home and decide if the home is for you. ... more
0 votes Share Flag Mon Dec 14, 2009 Foreclosure in 22030
Eric, Home Buyer in Vienna, VA
Eric answered:
I am a first time home buyer with excellent credit looking to buy a $300K 3 bd/2 ba FFX county home in Spring
Udaya - We bought a very nice townhouse in Centreville (3bd/2.5ba, close to 2000 sq ft) for $325K back in early 2008 and have been very happy with it and with Centreville in general. C ... more
0 votes Share Flag Mon Nov 30, 2009 Foreclosure in Fairfax
James Ryan, Real Estate Pro in Leesburg, VA
James Ryan answered:
How to get appraisal for an auction home before the day of auction?
Hi Ratnam: you have been given some great advice, some not so great.
You also asked for numbers on costs...First, you can get an appraisal without access to the home, but if the appra ... more
0 votes Share Flag Thu Oct 15, 2009 Foreclosure in Fairfax
Tom Sklopan, Real Estate Pro in Alexandria, VA
Tom Sklopan answered:
Is there a special listing contract for REO's?
No, we use board agreement and then the banks usually add an addendum.
Tom
0 votes Share Flag Mon Aug 17, 2009 Foreclosure in Fairfax
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