Foreclosure in Flint : Real Estate Advice

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Ruth and Per…, Real Estate Pro in Los Gatos, CA
Ruth and Perry Mistry answered:
We have 2 houses mortgaged by the same company (different loans). We want to walk away from 1; will we lose the 2nd house?
Hi Pdhaja:

Regret to hear of your problem, its quite sad.

Michigan is a recourse State for Loans, so most likely the Same Bank will come after you.

http://www.excessivephonerat ... more
0 votes Share Flag Wed Nov 4, 2015 Foreclosure in Flint
RonS, Other/Just Looking in Concord, CA
RonS answered:
Can I buy a contract on land I lost in foreclosure from a bank. I have reason to think that the new purchasers may be financing and is struggling to
You can buy whatever someone is willing and able to sell and you are willing and able to buy.

Your question has a lot of confusion coupled with it. Is it for sale? If not, you can't ... more
0 votes Share Flag Fri Apr 25, 2014 Foreclosure in Flint
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
what can you tell me about FHA 403k benefits?
I couldn't find a reference on the HUD website to a 403K plan. I do know about a 203K plan, however. That product allows purchasers to borrow both the purchase price of the home and t ... more
0 votes Share Flag Mon Apr 21, 2014 Foreclosure in Flint
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
If I buy a 5,000 dollar forclosed home is there any loopholes I am forgetting about? Or is it simply cash for keys?
There are a MOUNTAIN of issues that are packed onto the addendum you will most certainly sign. Simply reading every line of the addendum should strike fear into the heart of the innocen ... more
0 votes Share Flag Wed Dec 12, 2012 Foreclosure in Flint
Haig Istambo…, Real Estate Pro in Madison Heights, MI
Haig Istamboulian answered:
Is there a way to find out if and when a house went into foreclosure?

Yes, post the address here or email me the address of the property and I can search the public records.

Thank you,

Elias Realty
(248) 379-6547 ... more
0 votes Share Flag Sat Sep 29, 2012 Foreclosure in Flint
Michael Emery,  in Minneapolis, MN
Michael Emery answered:
What are the procedures step by step when my house is being foreclosed on?
When the redemption period has ended, you are expected to be out of the home on the day of the expiration of redemption. The lender could enforce an eviction against you which would ma ... more
0 votes Share Flag Wed Aug 31, 2011 Foreclosure in Flint
Ryan Millsap, Home Buyer in Flint, MI
Ryan Millsap asked:
What are the public auction procedures for foreclosures in Flint, MI? Specifically, does the full amount have to be paid immediately?

If there's a website that details the city/county policies, that would be helpful. Googling any phrase with &quo…
0 votes Share Flag Sat Feb 26, 2011 Foreclosure in 48504
Chip Andis, Real Estate Pro in Waterford, MI
Chip Andis answered:
Is 1906 Briarwood Drive, Flint in foreclosure?
In regard to 1906 Briarwood; Flint
The property is not active on the market in the MLS.
Public records does not presently show the property as being the subject of a Sheriff Sale.
Ho ... more
0 votes Share Flag Tue Jul 20, 2010 Foreclosure in 48507
Bob McClure, Real Estate Pro in Walled Lake, MI
Bob McClure answered:
our house discharged in chap 7 bancrupcy but the 2nd reaffirmed do i pay the second after the house is gone
good morning.....the lender in junior lien position has the right to come forward and redeem the first mortgage to protect their second....i would assume your second mortgage is probabl ... more
0 votes Share Flag Thu Feb 18, 2010 Foreclosure in Flint
T.fields1969, Other/Just Looking in Flint, MI
T.fields1969 answered:
could you tell me if 5329 sussex drive flint mcihigan 48504 is up for foreclosure?
is 5329 sussex drive flint michigan 48505 up for foreclosure
0 votes Share Flag Fri Oct 23, 2009 Foreclosure in Flint
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
because i have lost 100,000 dollars in equity, and I can't stand it and am ready to downsize.
Hi Pizza

Is there a question in there somewhere, or are you just looking for a lender and/or real estate agent to help you out with downsizing?

I'm a mortgage banker and would be ... more
0 votes Share Flag Wed Aug 19, 2009 Foreclosure in Flint
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
If you buy new house for cash, then let your old house go into forclosure can they take your new house away?
If you have cash to buy a new home, then why not just do the right thing, and keep paying the mortgage on your current home........... and not become a statistic?
0 votes Share Flag Sat Aug 15, 2009 Foreclosure in Flint
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