Foreclosure in La Mirada : Advice

change location

cancel or


Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
In a short sale on the 1099s is the reported value the difference of proceeds from the amount owed or is the amount on the 1099 or just the sale price
You have started in the right direction, but the lender can add any costs they may have incurred since the default.
I am sure you were behind on payments, those plus all late fees can ... more
0 votes Share Flag Tue Dec 28, 2010 Foreclosure in 90638
Joanna Jensen, Real Estate Pro in 94566
Joanna Jensen answered:
On a short sale where the bank requests the seller to sign an unsecured promissory note as a condition for approval and the seller refuses to sign.
Depending on the value of the home and the the equity in the 2nd loan..
for example, lets say the home is worth $400,000 with a first loan of $425,000. It doesnt make sense to sign a ... more
0 votes Share Flag Sun Mar 14, 2010 Foreclosure in 90638
Chris Jensen, Real Estate Pro in Pleasanton, CA
Chris Jensen answered:
My house is foreclosed and the second mortgage turn the loan over to the collection agency. Should I respond back to the collection agency? Both
Hi Worry,
You have a few different options. When did you receive the letter? Recently?
Procedure for COLLECTION accounts is that you should send them a Validation Verification re ... more
0 votes Share Flag Sun Mar 14, 2010 Foreclosure in La Mirada
Cindi Hagley, Real Estate Pro in San Ramon, CA
Cindi Hagley answered:
I have found a foreclosed property. It is owned by Federal Home Loan Mort Corp. what is my next step?
Find a local Realtor to represent you and make an offer on the home. Good luck!
0 votes Share Flag Thu Apr 9, 2009 Foreclosure in 90638
Jeremy Lehman, Real Estate Pro in Garden Grove, CA
Jeremy Lehman answered:
Is their such thing as govenment assistance for people who are about to face forclosure on their home?
Hi Nancy,

I second Cindi's advice. As Keith said, there are legitimate companies out there, but you should always try to deal with your bank first. It is in your bank's best interest ... more
0 votes Share Flag Mon Sep 8, 2008 Foreclosure in 90638
Search Advice


Email me when…

Learn more

Meet the Trulia Pros
John Magana, Agent in Whittier, CA
John Magana
Whittier, CA
Sarah Lin, Broker in 90241
Sarah Lin
Carlos Barron, Agent in La Habra
Carlos Barron
La Habra
Arnold Serrata Jr., Broker in Long Beach
Arnold Serrata Jr.
Long Beach
Home > California > Los Angeles County > La Mirada > Foreclosure in La Mirada
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer