Foreclosure in Lakeland : Advice

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Robert Willi…, Real Estate Pro in Riverview, FL
Robert Williams answered:
Coronet Rd Lakeland, FL 33811 1,620 sqft Mobile/Manufactured wanting to buy this property what do i need to do

6400 Coronet Rd in Lakeland is currently listed for sale. This is a manufactured home with 3 bed / 2 baths built in 1992 that sits on 0.92 acre. It is listed for $57,900 and b ... more
0 votes Share Flag Wed Apr 22, 2015 Foreclosure in Lakeland
Mark LeMenag…, Real Estate Pro in Lake Nona Orlando, FL
Mark LeMenager answered:
can you send pictures of the home on bellflower lane loan amount 30,000?
You are not looking at a for sale post, just data posted based on actions in the court system.
0 votes Share Flag Thu Jan 29, 2015 Foreclosure in Lakeland
Darrell White, Real Estate Pro in Lakeland, FL
Darrell White answered:
what are the rental possibilities like in lakeland?
Trish is right, properties listing from $500-700 are most likely a duplex or triplex. Some mobile home will rent for that range as well. If you want a nice single family..plan to spend ... more
0 votes Share Flag Mon Jul 21, 2014 Foreclosure in Lakeland
Tarae Gustov, Home Owner in
Tarae Gustov asked:
How long do I get to stay in my home after the bank buys back my home from the online auction? It was auctioned on March 31,2014. Does my bank who owns it JP Morgan chase offer cash for keys?
0 votes Share Flag Tue Apr 1, 2014 Foreclosure in Lakeland
Abraham Bidh…, Real Estate Pro in ,
Abraham Bidhendi answered:
Hi There:

Below is the link to homes for sale in Lakeland: ... more
0 votes Share Flag Thu Dec 19, 2013 Foreclosure in Lakeland
Lester S.  , Real Estate Pro in ,
Lester S. answered:
My home is being foreclosed on. It is in my name only. My husband has great credit. Can he get a loan in his name and buy the home from me legally?
what is the approx total principal balance on the mortgage loan(s)?

how many months delinquent?

what is the realistic approx fair market value of the home?


Lester S ... more
0 votes Share Flag Sat Apr 20, 2013 Foreclosure in Lakeland
Pat Palmer, Real Estate Pro in ,
Pat Palmer answered:
If I am renting a house that is in the short-sale process and ultimatly is forclosed on how long will I be given to move? I live in central Florida.
Good Morning Eric,

You might check with your local sheriff's department. They may be able to give you insight as to when a lock out occurs in your area.

Pat Palmer-Broker Associa ... more
0 votes Share Flag Fri Aug 3, 2012 Foreclosure in Lakeland
Blair Thomps…, Real Estate Pro in Sherman Oaks, CA
Blair Thompson answered:
I am being threatened with foreclosure because of back taxes .20,000 being called .I need a hard money loan to cover is that possible?
It depends on your equity position. If you have enough equity to secure the hard money it is going to be expensive. But it may be worth it to avoid a foreclosure.
0 votes Share Flag Sat Jun 9, 2012 Foreclosure in 33801
Darren  More…, Real Estate Pro in Lakeland, FL
Darren Moreno answered:
I retained an attorney to take care of a short sale on my second home. A friend of mine was able to file a deficiency waver. I owe 27000.00 dollars ad
To answer this question you have asked we would need to ask you a lot of questions on your current financial state.
My best advice is to talk to your Tax Advisor or your Realtor who ... more
0 votes Share Flag Wed Feb 1, 2012 Foreclosure in Lakeland
Allison Fish…, Real Estate Pro in Ann Arbor, MI
Allison Fishwick answered:
If I default on my mortgage, which I bought when I was single, will my current wife be held accountable for the judgement?
If your wifes name is not on the Mortgage she should not be part of the judgement. But your safest bet would be to contact an attorney to make sure for you before you default.
0 votes Share Flag Wed Jan 18, 2012 Foreclosure in 33809
,  in
If the house I am renting is forclosed on will it void my lease.
Basically says, no but there are several qualifications, but the bullet point for your questio ... more
1 vote Share Flag Tue Nov 15, 2011 Foreclosure in Lakeland
Richard Tres…, Real Estate Pro in Orlando, FL
Richard Tressler answered:
Received a denial from prospect Mortgage but i'm pre-approved from another lender. Something about my lender doesn;t have a min. credit overlay?
Since this is an active deal, you probably want to discuss it with your realtor.

Generally speaking, sellers are looking for buyers that they can ge comfortable will get to closing. ... more
0 votes Share Flag Mon Nov 14, 2011 Foreclosure in Lakeland
Ruben Pizarro, Real Estate Pro in ,
Ruben Pizarro answered:
i bought a house in 2006 for $170,000 as my primary house, $30,000 down, in 2009 i inherited $170,000 and purchased a second property, twice the size
Thomas I understand where you're coming from as well as where Daniel Burrows is coming from. As a short sale specialist sometimes i feel as if it doesn't make much since to ke ... more
0 votes Share Flag Wed Aug 25, 2010 Foreclosure in 33809
Ruben Pizarro, Real Estate Pro in ,
Ruben Pizarro answered:
how many month behind on a mortgage before they can foreclose??? Is a mobile home and I know is very dificult for banks to help?
Before the bank can start any process of the foreclosure. You have your redemption period which is 4 months. After the fourth month the bank can actually start the foreclosure process o ... more
0 votes Share Flag Wed Aug 25, 2010 Foreclosure in 33809
Ruben Pizarro, Real Estate Pro in ,
Ruben Pizarro answered:
Is there any recourse for a wifes foreclosure.?
It is possible the bank might want her to sign a promissary note before the approval of the short sale is provided. From my short sale experience i've only had a hand full which re ... more
0 votes Share Flag Wed Aug 25, 2010 Foreclosure in Lakeland
Jeremy Drobe…, Real Estate Pro in Kalamazoo, MI
Jeremy Drobeck answered:
I found a home that has been in foreclosure since 2007. It has a lot of damage, missing appliances & windows. Asking 139k, want to offer 60k is
It cracks me up reading these answers with are basically everyone trying to sell their services. Couple things . . .

1. You can offer whatever you want, however you are talking abou ... more
0 votes Share Flag Wed Aug 25, 2010 Foreclosure in Lakeland
Darren  More…, Real Estate Pro in Lakeland, FL
Darren Moreno answered:
Intend to purchase an REO in Lakeland FL. $50,000 down but poor credit.
Hello J Baxter

The best option for you is for you to contact a lender. I can provide you with Lenders who may be able to help you. See what your credit score is and that way you kno ... more
0 votes Share Flag Mon Aug 17, 2009 Foreclosure in Lakeland
Carol Ann Sa…,  in Lakeland, FL
Carol Ann Sargeant. e-pro Realtor, answered:
Will a bank come after a borrower for the difference on a foreclosure?
Jack said it well. Maybe-maybe not,but lender has the right to file a lien.

Carol Ann
H & M Realty of Polk county
0 votes Share Flag Sun Jun 29, 2008 Foreclosure in Lake Parker Park
Bill Eckler, Real Estate Pro in Venice, FL
Bill Eckler answered:
I am looking to make an offer on a foreclosed property in another state.

Here's a simple rule that we are constantly reminded of for its accuracy:

If it looks too good to be probably is!"

Good luck,

The "Eckler Team"
0 votes Share Flag Mon Mar 3, 2008 Foreclosure in Lakeland
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