Foreclosure in Gainesville : Advice

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Leslie Wright, Other/Just Looking in Gainesville, GA
Leslie Wright answered:
Question about short sale -- own 2 homes, due to wrap-around mortgage that someone backed out of last year. What should I do?
Would you consider working out a maybe an offer that would could possible be benificial to helping you and at the same time helping a wonderful family that owned their owned constructio ... more
0 votes Share Flag Mon Jan 2, 2012 Foreclosure in 30506
Lynel Adams, Real Estate Pro in Gainesville, GA
Lynel Adams answered:
I worke for Gwinnett county schools. I would like to know if a lost my house in a foreclosure my job will be in jeopardy or I will get in trouble.
Your Foreclosure would be on your credit report and you would not be able to buy until 3 years have past. You job should not be effected. I have never heard of a mortgage company tryi ... more
0 votes Share Flag Wed Mar 3, 2010 Foreclosure in 30507
Peter Edwards, Real Estate Pro in 30506
Peter Edwards answered:
My husband and I have put in 2 reasonable offers on a foreclosure house. But the bank has not countered to either offer. They just rejected them.
When buying a foreclosure you are typically not dealing with a bank, you are typically dealing with an "Asset Manager" who works for the bank. Think about a room fu ... more
0 votes Share Flag Tue Jan 5, 2010 Foreclosure in Gainesville
Emptypockets, Home Seller in 30506
Emptypockets asked:
CS reported for short sale? I receive payment from my ex for child support arrearage (child is 20 now, but ex did not pay for 18 years). I am in a situation where I may need to do a short sale. Even with the CS payments, I am slowly going under -- but without it, things would definitely be worse. My question is if I request a short…
0 votes Share Flag Fri Nov 13, 2009 Foreclosure in 30506
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