Foreclosure in Lake County : Real Estate Advice

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Lynn, Home Buyer in Whiting, IN
Lynn asked:
How do you advise Trulia that they have an error in a listing? 1822 Central Avenue, Whiting IN is listed as up for auction when in fact in sold last month. . . and is NOT for sale or up for auction.
0 votes Share Flag Mon Apr 18, 2016 Foreclosure in Whiting
wankeek, Home Buyer in Chicago, IL
wankeek asked:
I want to purchase this home
0 votes Share Flag Thu Feb 11, 2016 Foreclosure in Hobart
Josh Barnett, Real Estate Pro in Chandler, OK
Josh Barnett answered:
How do I purchase a property in foreclosure with wells fargo, before they evict the tenants?I have had it appraised and would like to purchase it .
One Option:

Wait for the Sheriff sale, bid, win, purchase, then let the tenants know you own the home.

Best of Luck,

Josh

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0 votes Share Flag Mon Mar 30, 2015 Foreclosure in Merrillville
Jpete-rogers, Home Buyer in Merrillville, IN
Jpete-rogers asked:
What's the auction process? There's a home that I'm interested in. It was for sale for a great length of time, and has recently been set to be auctioned off. What's the process if the foreclosure is…
0 votes Share Flag Sat Mar 28, 2015 Foreclosure in Merrillville
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Hello we found a property that is listed on www.trulia.com that is pre-foreclosure and we would like some information if possible. Please help. Thanks
When looking at such ads, keep on mind that some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in p ... more
1 vote Share Flag Sun Jan 26, 2014 Foreclosure in Whiting
Rita Schlotm…, Home Buyer in Pittsburgh, PA
Rita Schlotman answered:
Local Listing Agent with REO experience needed.
Hi Brett! I see that Flagstar has an REO in Sioux City, IA that is not currently listed. Are you handling this area? I have listed and sold many REO properties and I am very familiar wi ... more
0 votes Share Flag Fri Dec 13, 2013 Foreclosure in Munster
Edward Stoja…, Real Estate Pro in MERRILLVILLE, IN
Edward Stojancevich answered:
A foreclosed home states that it is a cash offer only, it is going for $180,000 and does not have a kitchen at all, any way around this?
Hi Melissa, typically with cash only sales the property more than likely will not be able to obtain financing because of the condition and/or so forth. Sometimes there could be other is ... more
0 votes Share Flag Tue May 28, 2013 Foreclosure in 46342
Irina Karan, Real Estate Pro in Aventura, FL
Irina Karan answered:
We want to let a house we don't live in go back to the bank. The mortgage is secured by the property.
The key to your question is if you have a hardship - to do the short sale, which is usually the best way out in case of investment property. If you prepare your Profit & Loss, as well a ... more
0 votes Share Flag Wed Apr 25, 2012 Foreclosure in 46321
Scott Gallag…, Real Estate Pro in CROWN POINT, IN
Scott Gallagher answered:
is it against the law for a realtor not to submit an offer to purchase in crown point indiana.?
alright, now i can tell you hit a sensitive question here, and I think it can best be explained like this. if i was a listing agent, and some customer or agent gave me a WRITTEN OFFER, ... more
0 votes Share Flag Tue Mar 20, 2012 Foreclosure in Crown Point
Global Real…,  in Crown Point, IN
Global Real Estate Group, LLC answered:
Im on section 8 and I would to find a 2 bedroom house in Hobert Indiana or apartment
Are you still looking for a home in Hobart, IN?
0 votes Share Flag Sat Aug 13, 2011 Foreclosure in Lake County
Amanda Picke…,  in Crown Point, IN
Amanda Pickett answered:
i would you find out if the listing agent submitted my offer to the bank..there are no other offers on this home.listing agent told me she didnt send.
Agents are required to submit all purchase agreements to their sellers unless the lender (seller) specifies that there is a minimum amount they will accept and also specifies that they ... more
0 votes Share Flag Thu Jan 6, 2011 Foreclosure in Crown Point
Marilyn Tolh…, Real Estate Pro in Crown Point, IN
Marilyn Tolhuizen answered:
i submitted an offer to purchase with my realtor and found out that the listing agent did not submit the offer.my will expire today at 5pm.its an reo.
Some banks will only entertain one offer at a time. If the first offer is in negotiation they will not look at another. The listing agent is bound to summit your offer but must also ad ... more
0 votes Share Flag Thu Dec 30, 2010 Foreclosure in Crown Point
C S, Other/Just Looking in Florida
C S answered:
how much do i change for a trashout job?
know your numbers first and foremost.

what does your landfill charge for disposal fee's?
how many man hours will it take to handle the job?
factor in vehicle, maintenance, ins ... more
0 votes Share Flag Thu Dec 2, 2010 Foreclosure in East Chicago
Rain Silverh…, Real Estate Pro in Sandpoint, ID
Rain Silverhawk answered:
is it possible to get the conventional loan for foreclosure house with mold in the basement:?
Hi, You want to talk to the lender about this. Banks typically will not loan on a home that has mold issues. They may however allow for mold remidiation and certification that the hom ... more
0 votes Share Flag Tue Nov 9, 2010 Foreclosure in Hobart
Denise Sinn, Real Estate Pro in Greenwood, IN
Denise Sinn answered:
Does anyone how Lake County Indiana handles Sheriff's Sales? Do you have to leave immediately or are you given a few days? My daughter is going
I am in the Indianapolis area and can give you an insight into how it works here. If a property is indeed going to sheriff's sale the idea is that the property would be vacated by ... more
0 votes Share Flag Wed Jun 23, 2010 Foreclosure in Lake County
Erik Armstro…,  in 47802
Erik Armstrong answered:
When a house is up for a short sale are the owners aloud to enter and exit anytime?
If they are still the "Owners" then they are free to come and go in their home as they please. A Short Sale does not mean that the bank necessarily owns the home. It just mean ... more
0 votes Share Flag Wed Dec 9, 2009 Foreclosure in Merrillville
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