Foreclosure in Montana : Real Estate Advice

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Ben Lombardi, Real Estate Pro in Whitefish, MT
Ben Lombardi asked:
If you purchase a home through foreclosure or trustee sale of a second junior mortgage, do you , as the purchaser, have the right to assume any senior loan (i.e. 1st mortgage) from the lender? Is there an obligation, federal or state, that a senior lender must allow the assumption of their loan by the new foreclosure purchaser.
0 votes Share Flag Sun May 8, 2016 Foreclosure in 59937
Michael John…, Real Estate Pro in Whitefish, MT
Michael Johnson answered:
What is the square footage on the house and can i be emailed pictures?

If you give the address, I should be able to look up the house and send you any available pictures. No address was given in your search.

0 votes Share Flag Mon Jan 12, 2015 Foreclosure in Three Forks
Michael Marb…, Real Estate Pro in Missoula, MT
Michael Marbut answered:
I would like to buy a commercial building corrently given back to the bank. The bank wants 2800000.00. and is unable to secure a buyer.
It depends on the banks attitude. It could be structured as a lease with a purchase option using a preset price at the end, for example of $100. You will need to have it presented to ... more
0 votes Share Flag Mon Jun 3, 2013 Foreclosure in Missoula
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
After a short sale,can you get another mortgage? What options do you have?
1 year is the absolute soonest, and this is only if you had no mortgage lates within the 12 months preceding the short sale. Otherwise it is a 3 year wait for a VA or FHA loan or betw ... more
0 votes Share Flag Mon Jun 3, 2013 Foreclosure in Missoula
Doug Maas, Real Estate Pro in Great Falls, MT
Doug Maas answered:
I am looking for ahome to Rent To Own In Great Falls I have already viewed my credit report I know what my scoreso I would like to view homes
Not very many Rent to Own opportunities in Great Falls, but there are a few. Be cautious of Internet scams and anything that makes you send money upfront. Get with an experienced loca ... more
0 votes Share Flag Sun Jan 13, 2013 Foreclosure in Great Falls
Shannon Chaix, Real Estate Pro in Lakeside, MT
Shannon Chaix answered:
How do I find foreclosed homes for rent? Because of hard times I am looking for something very reasonably. I would take excellent care of the home.

I hope things have started to look up for you. In my past experience foreclosure homes do no get rented out. Foreclosed on homes are owned by the bank and they just want to s ... more
0 votes Share Flag Tue Dec 4, 2012 Foreclosure in 59901
Mark Meissner, Real Estate Pro in Bozeman, MT
Mark Meissner answered:
Looking for investor friendly realtors...
Hi Logan. What type of investment or income properties are you invested in purchasing? I really enjoy working with investment buyers, and have a thorough understanding of the local mar ... more
0 votes Share Flag Thu Nov 22, 2012 Foreclosure in 59047
Mary E Perry, Home Buyer in Montana
Mary E Perry asked:
I,d like to have a copy of a piece property on3114 Paxton Ave in Butte Mt. Thank u MP I,m interested in a cheap property that property intriques me.
0 votes Share Flag Sat Apr 7, 2012 Foreclosure in Silver Bow County
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Is it normal for a real estate agent to tell us our offer will be denied before she submits it because it isnt within $3000 of asking price?
How about a more important question:
Do you how your Offer compares to the Market Value of the House?
Have you had your Realtor do a CMA?

Did you want a Buyer's Agent who just ... more
0 votes Share Flag Mon Mar 12, 2012 Foreclosure in 59701
Joanna Jensen, Real Estate Pro in Livermore, CA
Joanna Jensen answered:
We are currently renting a house in belgrade,mt. and received a cash sale that is to take plase on april 17th.Do we pay our March rent or not?
Hi Tina,

Your landlord is most likely working with his lender.

I just helped my client get a $250k principal reduction with Chase which allowed them to keep their rental.

Dep ... more
0 votes Share Flag Thu Feb 23, 2012 Foreclosure in Belgrade
Richard  Bre…, Real Estate Pro in GREENWICH, CT
Richard Breglia answered:
I am currently renting from a landlord has a usda loan and the house is being foreclosed on. Do i still pay him or the loan holder?
Regardless of a pending foreclosure the lanlord is responsible to maintain the heating system in the home.
Come winter you will have a valid excuse not to pay rent. I would contact an ... more
0 votes Share Flag Wed Oct 19, 2011 Foreclosure in Montana
Linda, Other/Just Looking in Billings, MT
Linda answered:
We are looking to move to BIllings, Mt from Wy & wanted to look at foreclosed homes to maybe get a
In Montana there are also down payment assistance programs from the city and a Home$tart fund. It allows you to also get more house for your money, and have a lower payment overall. You ... more
0 votes Share Flag Tue Sep 28, 2010 Foreclosure in Billings
Michael Schr…, Real Estate Pro in Big Sky, MT
Michael Schreiner answered:
Our house has been on the market for over a year now ... We've always made our payments on time, but it's
RS- Along with all the other avenues that have been posted; there is the option of a Deed in Lieu of Foreclosure, I attached a link for you to read up on if you so choose. I am no ... more
0 votes Share Flag Fri Nov 13, 2009 Foreclosure in 59752
Baybeeh, Both Buyer and Seller in Glendale, CA
Baybeeh answered:
lease buy back option it legal or fraud?
Why would a homeowner give Title away? Especially to a smart and savvy investor? The homeowner will end up have a loan(mortgage) with no collateral (title). Why not modify the home? ... more
0 votes Share Flag Tue Jun 16, 2009 Foreclosure in Missoula
Bryce Sulliv…,  in Bozeman, MT
Bryce Sullivan answered:
I am renting a house and someone taped I believe a foreclosure notice to my front door it said something
Here is contact information of a well reputable Real Estate Law Firm in Bozeman:

Tim Fallaw
Rodney Schwasinger
517 South 22nd, Suite 2
Bozeman, MT 59718
(406) 587-2110
schwasing ... more
1 vote Share Flag Thu May 28, 2009 Foreclosure in Bozeman
David Brewer…, Real Estate Pro in Hamilton, OH
David Brewer - 406.532.5595 answered:
How do I buy a Foreclosure home in Portland, OR? My family and I would live in it, not buying to make money.
Hello Janis, You can use our website to get a list of foreclosures and someone to help you there in Portland.

I have helped a few people in the pas ... more
0 votes Share Flag Fri Sep 19, 2008 Foreclosure in Missoula
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