Foreclosure in Lakewood : Advice

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Arcie Pragale…, Real Estate Pro in Lakewood, CA
Arcie Pragale, CPA answered:
what is better a short sale or filing for bankruptcy, house is going into foreclosure the end of this month 05/29/2013, please advice...thank you
Short sale is better. A bankruptcy would not keep you in the home in the long run. A short sale also has a less damaging effect on your credit compared to foreclosure and/or bankruptc ... more
0 votes Share Flag Fri May 17, 2013 Foreclosure in 90805
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
I am a Licensed contractor around the Long Beach Ca. area. who do i contact regarding doing business and?
HI John,
Some Real Estate Companies have a Concierge service, which lists preferred contractor and other trades people for the benefit of their clients. I am with Coldwell Banker, so y ... more
0 votes Share Flag Sat Mar 13, 2010 Foreclosure in Lakewood
Debbie Russe…, Real Estate Pro in Houston, TX
Debbie Russell answered:
What's the difference between preforclosure and forclosure?
A foreclosed property has already been officially taken back by the financial institution that financed the property for the home owner. Procedures must be filed just like with a divor ... more
0 votes Share Flag Tue Apr 14, 2009 Foreclosure in Lakewood
John Mcgloth…, Real Estate Pro in Lakewood, CA
John Mcglothlin answered:
How do u go about getting a 30 day or less escrow? We are hoping to get in by the end of the year, we need
Jen, Most banked owned properties usually close within 30 days, this appears to be the norm in this market.As far as your tax advantages for the next year, you should proably ask your a ... more
0 votes Share Flag Wed Mar 18, 2009 Foreclosure in Lakewood
John Mcgloth…, Real Estate Pro in Lakewood, CA
John Mcglothlin answered:
Is it true that once my home is BANK OWNED I can no longer be able to buy it back?
I would check with a real estate attorney. As far as I know there was a period of time to cure the default of the loan. If you have gone beyond that point , you may have no recourse. I ... more
0 votes Share Flag Wed Mar 18, 2009 Foreclosure in 90713
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