Foreclosure in Orange County : Real Estate Advice

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Al Cucchiara, Home Buyer in Honolulu, HI
Al Cucchiara asked:
I have been living overseas for years and using my brother's address as my US address. His house may be foreclosed. Can the bank garnish my? savings? We share a checking account and I would like to open a savings account and transfer some CDS and IRAs from another bank to this bank, which may foreclose on his house, so I can…
0 votes Share Flag Sat Jun 4, 2016 Foreclosure in Florida
Robertmbarber, Home Buyer in New York, NY
Robertmbarber asked:


0 votes Share Flag Sun Apr 24, 2016 Foreclosure in 12550
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
how long does a pre foreclosure home goes into foreclosure?
The time it takes depends on the bank and the process required by state law. Sometimes banks are really slow to finish and properties are seemingly forgotten.
If you have a home (in ... more
0 votes Share Flag Tue Apr 19, 2016 Foreclosure in Newburgh
Kathy Burgre…, Home Owner in Westchester, NY
Kathy Burgreen answered:
I asked this question last nite,i can't find it sorry for asking again.
Your credit will take a big hit when your home is foreclosed. Therefore, try to find a rental now before the foreclosure hits your credit report. You can explain to a landlord your si ... more
0 votes Share Flag Thu Dec 10, 2015 Foreclosure in Monroe
Nfm5, Home Buyer in Tuxedo Park, NY
Nfm5 asked:
I am interested in finding out when 14 Tower Hill Loop, Tuxedo Park, NY will be auctioned off. There is no contact information. Do you know what the starting bid is or who is auctioning it off, etc.?
0 votes Share Flag Fri Nov 6, 2015 Foreclosure in 10987
Debra Peters, Real Estate Pro in Hauppauge, NY
Debra Peters answered:
We live in NY state & rent our home. Found out it went up for auction on Monday. We are scared how much time do we have?
I would contact the Landlord to ask how much time you have before you have to vacate the property.

Here is a link that may answer some questions. ... more
0 votes Share Flag Wed Sep 16, 2015 Foreclosure in 12771
Christopher…, Real Estate Pro in Virginia Beach, VA
Christopher Fritts answered:
If I am renting a house in foreclosure presently, when will I be evicted and am I still responsible to pay my monthly rent payments.
You need to seek immediate legal advice from an attorney regarding this matter and to protect your rights. It is my understanding that the Federal Protecting Tenants at Foreclosure Act ... more
0 votes Share Flag Sat Aug 15, 2015 Foreclosure in Newburgh
Yanoska Diaz, Real Estate Pro in Miami, FL
Yanoska Diaz answered:
What is the deal with foreclosed homes? What is the secret to obtaining info about the home?
If you are referring to a home that has already been foreclosed and not in the process of foreclosure all you need to do is follow the marketing process by contacting the institution th ... more
0 votes Share Flag Thu Oct 23, 2014 Foreclosure in Florida
Bente Brown, Real Estate Pro in Middletown, NY
Bente Brown answered:
My wife and I have not paid our property taxes for 2 years and now they want to seize our property. Wife working since 2011, I am unemployed. Need h
The question is who is "they"? If you have a mortgage "they" is probably your bank - the lien holder, but most likely the bank has paid your taxes since few banks want to lose the hous ... more
0 votes Share Flag Thu Dec 19, 2013 Foreclosure in Chester
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
We are looking for a second house in Orange County NY, for less then $100K. Should we consider foreclosures or something else?
Good afternoon Jon,

Foreclosures are someone else's headache. The home probably has not been well-maintained and you're a First Time Buyer adjusting to paying a mortgage. Do you re ... more
0 votes Share Flag Mon Apr 29, 2013 Foreclosure in 10925
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
what bank owns this?
Keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those ... more
1 vote Share Flag Mon Apr 1, 2013 Foreclosure in Montgomery
Cindy Rosen, Real Estate Pro in Montgomery, AL
Cindy Rosen answered:
looking for a forclosure not a fixer upper...also interested in tax lean certificates.
In my experience it is a myth to think that you will buy a home for cheaper in a foreclosure. The homes are usually in terrible shape, mold, floors rotted out, clouds on the title, pip ... more
0 votes Share Flag Mon Jun 11, 2012 Foreclosure in New Windsor
e,  in Queens County, NY
e answered:
What is the rental potential per month?
Hi Terry,

I would be happy to help you with that.

Whats the property address?
0 votes Share Flag Sun Dec 25, 2011 Foreclosure in Middletown
Cathy Sloan, Real Estate Pro in Jacksonville, FL
Cathy Sloan answered:
I bought a house from a HOA foreclosure court sale. Am I responsible for the previous owner's utility debt?
You need a Miramar, Fl agent to respond to this question and refer you to legal counsel.

In Jacksonville, Fl the utility debt to JEA for water, sewage and electric, belongs to the ... more
0 votes Share Flag Thu Sep 29, 2011 Foreclosure in Florida
Minna Reid, Real Estate Pro in Trumbull, CT
Minna Reid answered:
How many agents are still negotiating the short sales themselves? Using a negotiator?
I have never used a negotiator, but I have seen them royally screw up deals.I also find attorneys working the short sale to be super slow. So I handle all my negotiations myself, have ... more
0 votes Share Flag Thu Sep 8, 2011 Foreclosure in Orange County
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
I don't understant the term "bank is selling at a discount" when the houses in Miami are still way overpriced
Buyers are now in the habit of hoping prices down. Whether the collective effort is actually working, I can't say. But, I am seeing further declines in prices in particularly ove ... more
1 vote Share Flag Mon Aug 15, 2011 Foreclosure in Florida
Terry J Ford,  in Middletown, NY
Terry J Ford answered:
I am on deed but not on mortgage. We are divorcing and husband is letting the house go into foreclosure. Will this affect me or my credit in any way?
The other answers are all very good. You should consult an attorney to protect your interest.
He may be able to file a "lis pendens". This tells the bank and any one else w ... more
0 votes Share Flag Fri May 13, 2011 Foreclosure in Middletown
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