Foreclosure in Kansas : Advice

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Andrew Palum…, Real Estate Pro in Durham, NC
Andrew Palumbo answered:
is it possible to rent or do a rent to own with a bank owned home?
A bank will not entertain anything like a rent to own. Rent to own is really a fantasy and never a good deal for a buyer and a great deal for a seller who either can't sell their home ... more
0 votes Share Flag Mon Feb 23, 2015 Foreclosure in Scammon
A.F. Farha, Real Estate Pro in Wichita, KS
A.F. Farha answered:
If we want to buy a house in Wichita, do we have to have a down payment? If so, how much would we be expected to pay?
To get the best interest rate on a commercial loan, a buyer would have to make a downpayment of 20% of the sale price. Nevertheless, depending on the borrower's credit, a down payment ... more
0 votes Share Flag Fri Feb 20, 2015 Foreclosure in Southwest
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
Can a bank foreclose if a person consistently makes late house payments, as in 10 late out of 11 months but still paying them?
Typically the foreclosure process begins in many states after 2-4 months of not paying. if you are paying then you should be ok, they will just impose late fees.
0 votes Share Flag Tue Nov 25, 2014 Foreclosure in 67206
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Can I receive monetary assistance for moving under the Deed-in-Lieu program?
Each bank has different guidelines whether they will or will not offer incentives. You should really try a short sale before a deed in lieu. If you are at your last straw, then deed of ... more
0 votes Share Flag Sun Jun 29, 2014 Foreclosure in 67219
John W Barnes, Real Estate Pro in 66086
John W Barnes answered:
WHAT'S THE PRICES FOR TAXES HOME IF YOU DON'T PAY THE REGULAR PRICE?
The property tax will be or should be figured on the new sales price of your home. You will need to be aggressive with the appeals process to make them change the appraised value of yo ... more
0 votes Share Flag Thu Jun 26, 2014 Foreclosure in Basehor
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Buyer and seller of a house have both signed a contract. Financing approved. Waiting on inspections, etc... Bank foreclosed! What now?
Basically.....if the bank has indeed foreclosed and there a big difference between being "in the foreclosure process" and being "foreclosed" your seller would no longer own the property ... more
0 votes Share Flag Mon Jun 16, 2014 Foreclosure in 66018
HelpUBuy Ame…, Real Estate Pro in 75019
HelpUBuy America answered:
Foreclosure and my ex
I don't think anyone here will be qualified to help you. You may have to hire your own attorney.

Hope it works out for you.
0 votes Share Flag Tue May 27, 2014 Foreclosure in 67010
Maggie Moo, Other/Just Looking in Colwich, KS
Maggie Moo asked:
Foreclosure, am I at risk? if my exhusband was given our home in our divorce, he is the only one on the mortgage i never was, but we are both on the deed, why am I getting calls from the attorney to appear in court…
0 votes Share Flag Tue May 27, 2014 Foreclosure in 67003
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
WHERE ARE THE CHEP HOUSES?
They are the ones found on the MLS printout, sorted from highest price to lowest, at the bottom of the page.

Most buyer start from the bottom and often never reach the top. That why ... more
0 votes Share Flag Mon May 19, 2014 Foreclosure in 66049
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
how do I get more information on a foreclosure listing?
Brittc,
Let's make sure I understand. If it's truly a Foreclosure Listing, meaning it's for sale on the local MLS site, then any great local agent can research it and arrange a showin ... more
0 votes Share Flag Sat May 17, 2014 Foreclosure in Arkansas City
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Tried to bid on property was told it sold. Foreclosed since dec 2010
Tax records are not updated in real time, so looking at them online doesn't necessarily mean you've got the most accurate information. Online Foreclosures sites are terrible sources of ... more
0 votes Share Flag Fri Apr 18, 2014 Foreclosure in Wichita
Countrylivin', Home Buyer in El Dorado, KS
Countrylivin' answered:
Found a property in the legal section of newspaper - was to be sold at courthouse on 5/5, now it is showing to be sold on 6/9 - what happened??
Asking question about same property. Supposedly sold in October 2013, closed in dec 2013, however still is showing owners as mortage passthrough cert. can't seem to find out anything. ... more
0 votes Share Flag Fri Apr 18, 2014 Foreclosure in Wichita
Luanne Reeves, Real Estate Pro in Johnson County, KS
Luanne Reeves answered:
What assets can bank pursue on a short sale in Kansas?
Whether or not the bank will pursue a deficiency depends upon the type of loan you have, as well as the terms of the short sale. If you have an FHA loan, and you are accepted into the ... more
1 vote Share Flag Thu Feb 6, 2014 Foreclosure in 66223
Marie Souza…, Real Estate Pro in Centerville, MA
Marie Souza Team answered:
Kansas: I am the only person on a mortgage that is in fault. Going through divorce and found out husband had lied about how we got mortgage.
How did you make out on the above? Give us an update!
0 votes Share Flag Fri Dec 6, 2013 Foreclosure in 66618
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