Foreclosure in Nevada County : Advice

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Olja Mihic -…, Real Estate Pro in Tahoe City, CA
Olja Mihic - (530) 448-6633 answered:
Do bank owned homes have the same mortgage qualification requirements? Are there options for those who have high income but low credit score?
Bank owned doesn't really effect the mortgage. It just means the seller is a bank. It may make it more difficult in a sense that lot of bank owned homes have things ripped out of them, ... more
0 votes Share Flag Mon Oct 14, 2013 Foreclosure in Truckee
Bonnie Jessee, Real Estate Pro in Truckee, CA
Home with Views ~ Homes with a panoramic of the mountains and lakes always sell at a premium above similar homes without the view here in the Sierras. However, if a view is important to you buy it mostly… Read more
Blogged Sat Oct 6, 2012 by Bonnie Jessee Home Buying Foreclosure
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Brian Head, Real Estate Pro in Orange County, CA
Brian Head answered:
2 yrs, loan modific. paperwork, attorneys, trial paymnts...servicer says my "lender does not participate"... is mortgage litigation just?
Mortgage Litigation is very effective if you’re dealing with the right outfit that has a commitment of servicing your file through the entire process. When you choose a law firm ... more
0 votes Share Flag Wed Mar 21, 2012 Foreclosure in 95959
Laura Coffey…, Real Estate Pro in Valencia, CA
Laura Coffey with ReMax answered:
We are way upside down and cannot meet the payments. We have elected to walk from the property. No mortgage payments have been made for 6 months. NEXT
I would immediately contact your lender, a local experienced short sale Realtor, & your tax accountant.
Below are some links to help you make those decisitions but just walking aw ... more
0 votes Share Flag Mon Mar 12, 2012 Foreclosure in 95959
Jimmy Barbera, Real Estate Pro in Grass Valley, CA
Jimmy Barbera answered:
I 'm looking for a two bedroom two bath home on five acres in north san juan
The current market has created many unique opportunities. I suggest that you speak with a Realtor to explore potential properties and strategies to sell and purchase.

Let me help you ... more
0 votes Share Flag Sat Mar 3, 2012 Foreclosure in Nevada County
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
We put our home in our bankruptcy. New invester gave us a 3 day notice. Whats my rights i can't get everything out in only 3days.
Check with your lawyer.

Have you tried negotiating a rent-back from the investor for a few more days?
1 vote Share Flag Fri Jan 27, 2012 Foreclosure in Grass Valley
So Cal Homes…, Real Estate Pro in Hemet, CA
So Cal Homes 951-821-8211 answered:
My deceased son's home was foreclosed, sold at auction on courthouse steps. Will a 1099 be issued to his estate?
Concerned,
Sorry for your loss.
Yes, a 1099 will be issued but sometimes it takes awhile for the banks to issue it. Usually it is issued within 3 -6 months after the sale ( when the ... more
0 votes Share Flag Sat Oct 8, 2011 Foreclosure in 95945
Bonnie Jessee, Real Estate Pro in Truckee, CA
This is an actual email received by a buyer client of mine - anyone else had similar situations?This is a strange and frustrating thing. We always check our credit every few months or so. Last time we… Read more
Blogged Fri Oct 7, 2011 by Bonnie Jessee Agent2Agent Foreclosure Credit Score
Bonnie Jessee, Real Estate Pro in Truckee, CA
High Sierra/Truckee-Tahoe REAL ESTATE NEWS Bonnie Jessee 530 412 3984     Not one of us wants to purchase a home only to see its value turn down. However, as I have pointed out previously should… Read more
Blogged Mon Sep 5, 2011 by Bonnie Jessee Market Conditions Home Buying Foreclosure
Teresa Dietr…, Real Estate Pro in 95945
Teresa Dietrich answered:
I just filed a chapter 7 and have not met with the trustee or the creditors yet, can I cancel the chapter 7?
You can also go to the Law Library in the Nevada County Courthouse to research this, the staff is very knowledable.
0 votes Share Flag Tue May 31, 2011 Foreclosure in Grass Valley
Jim Bourgoin, Real Estate Pro in Hernando County, FL
Are there any real estate buyers looking in the Spring Hill area that need questions answered about possible sink hole issues?Below is a map of properties flagged that have sink hole issues.The properties… Read more
Blogged Sat Mar 26, 2011 by Jim Bourgoin Home Buying Foreclosure Property Q&A
Katy Orellana, Real Estate Pro in 95603
The rules are CHANGING!!  The guidelines for buying after a foreclosure or a Short Sale were bound to change....and they have!  Wisely, the lenders have realized that there are too many people who… Read more
Blogged Thu Feb 3, 2011 by Katy Orellana Home Buying Financing Foreclosure
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Lynngems, Home Buyer in Grass Valley, CA
Lynngems answered:
How do I find the lender for a property listed in Grass Valley/Foreclosure sale?
Thank all of you for the leads. Found out what I needed to know. Lynngems
0 votes Share Flag Fri Dec 10, 2010 Foreclosure in Grass Valley
Bonnie Jessee, Real Estate Pro in Truckee, CA
Whereas a short sale involves offering the home for sale, generally listed through MLS. Potential home buyers will make appointments to see  the house, some will make low offers agents might hold open… Read more
Blogged Mon Jul 19, 2010 by Bonnie Jessee Foreclosure
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Greg Poulsen…, Real Estate Pro in 96161
For a complete list of BANK OWNED properties in the Tahoe ~ Truckee Area ..CLICK HERE TO VIEW:http://www.idxcentral.com/idxsearch.cfm?idxid=gpoulsen&pg=results&rows=10&pstatus=Short%20Sale%2CREO… Read more
Blogged Wed Nov 4, 2009 by Greg Poulsen-Tahoe Real Estate Foreclosure
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Bonnie Jessee, Real Estate Pro in Truckee, CA
  New Mortgage Scams – Be On the Alert – Be Educated New mortgage scams are broadening across the country and these scams are popping up so rapidly that regulations to catch the perpetrators… Read more
Blogged Wed Oct 21, 2009 by Bonnie Jessee Foreclosure
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Truckee Real…, Real Estate Pro in 95728
Truckee Real Estate answered:
We are leasing a home and are concerned about it being in notice of default as the taxes have not been paid
Visit the County recorder;s office for info regarding the NOD (notice of default). Also, any local Realtor should be able to help you with this information. Good luck!
0 votes Share Flag Thu Oct 8, 2009 Foreclosure in Truckee
Kappy Mann or…, Real Estate Pro in Kings Beach, CA
In our weekly e-mail blast from the California Association of Realtors, we were brought up to date on yet another way that distressed homeowners are being taken advantage of.  Apparently there are companies… Read more
Blogged Mon Jun 29, 2009 by Kappy Mann or Jennifer Boehm Foreclosure
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Teresa Dietr…, Real Estate Pro in 95945
Teresa Dietrich answered:
We have received a 3 day notice for our foreclosure and we live in california, how long do we have to move?
Firstly, I am so sorry to hear that you and your family are going through this. I have seen homes where the children's toys were still sitting in the bedroom and the family had bee ... more
0 votes Share Flag Tue Dec 30, 2008 Foreclosure in Grass Valley
Jennifer, Home Buyer in Washington
Jennifer answered:
where can I find forclosures?
Go to elivemortgage.com its free and it has a whole list of banks/agencies foreclosure list without paying a penny. Hope this may help you.
0 votes Share Flag Tue Dec 16, 2008 Foreclosure in Truckee
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