Foreclosure in Hopkins>Question Details

Karie, Home Buyer in Hopkins, MN

where can i search homes that are either forclosures or quick claim deed for the hopkins area?

Asked by Karie, Hopkins, MN Tue Sep 18, 2007

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I agree with Lenny... it is hard to give you guidance on this without knowing more about what you are trying to achieve. Sometimes foreclosures are good deals, sometimes they are not. Metro wide, about 12% of all listings on the MLS today are either bank owned, pre-foreclosure, or "short sale" properties. That's significant!

The best thing you can do is get set up in a representation relationship with an agent that can accurately explain the benefits and pitfalls and work with you to determine what really is in your best interest.
Web Reference: http://www.AaronSOLD.com
0 votes Thank Flag Link Wed Nov 21, 2007
Two of the top foreclosure agents in Minnesota are REMAX agents. I can get you a list of every home that comes on the market in Hopkins as a foreclosure the first day it is on the market. Call or e-mail me.
0 votes Thank Flag Link Mon Oct 1, 2007
First off you need to understand what a Quitclaim deed is. Most of the deeds in NJ are Bargain and Sale CVG and we loosely see the QuitClaim deeds. A term used in property law to describe a document by which a person (the "grantor") disclaims any interest the grantor might have in a piece of real property, and passes that claim to another person (the grantee). A quitclaim deed neither warrants nor professes that the grantor's claim is actually valid. By comparison, a grant deed (or in some U.S. States, a warranty deed), which is normally used for real estate sales, contains certain warranties that vary from State to State. Quitclaim deeds are sometimes used for transfers between family members, gifts, or to eliminate clouds on title, or in other special or unusual circumstances.

You can try http://www.realtytrac.com although i think they're site is outdated. Go to your local town hall and ask where they post all sheriff sales and also check your local paper for any home auctions through the town. Sometimes owners die without wills and no heirs and the property goes intestate and gets escheated by the state in which they sell the property.
0 votes Thank Flag Link Tue Sep 18, 2007
Thats a tough question to answer only because I would need to know what you plan on accomplishing with that info. As far searching for foreclosures; the only true way is to either look for them in the Finanance and Commerce newspaper where they will be pre foreclosures or you have to go to the county sheriffs office and they have records of all sheriffs sales that occured in the past 6 months. You could look on the MLS with certain "tag words" but not all foreclosures are on MLS and would not find all of them anyway. When it comes to looking for quick claim (actually quit claim) I would like to know why? Quit claim deeds have nothing to do with foreclosures and definately dont have anything to do with good or bad deals. If you do want to search for quit claims anyway the only way is to go to the county and do title searches on property which is an extremely time consuming endeavor. If you need more specific information or have more questions let me know.
0 votes Thank Flag Link Tue Sep 18, 2007
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