Foreclosure in Orange County : Advice

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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 B Brown, Real Estate Pro in Orange County, NY
Bente B 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 Bronx, 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 Brocco, Real Estate Pro in Nassau County, NY
Anna 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 Pine Bush, NY
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, Real Estate Pro 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 06107
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
Voices Member,  in
Voices Member 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
Moxierin, Both Buyer and Seller in New Windsor, NY
Moxierin asked:
I held a mortgage on a house I sold, the party walked away and left taxes as well as 3 liens on it. we got it back at our forclosure sale, do we have to pay for deed stamps for the amount of the mortgage owed us?
0 votes Share Flag Tue May 10, 2011 Foreclosure in New Windsor
Luis Lozada…, Real Estate Pro in 33027
Luis Lozada HABLAMOS ESPAÑOL answered:
DO I HAVE TO USE THE SELLERS TITLE COMPANY ON ALL REO PROPERTY?
Yes, in most cases the bank want to control the whole process and the escrow deposit. title company works for them.
0 votes Share Flag Sat Jan 8, 2011 Foreclosure in Florida
Asa Lennon, Real Estate Pro in 12566
Asa Lennon answered:
We leased to purchase a home that we found out the LL had not paid the mortgage on in 3 years. He knew it when he leased it to us, is this legal?
the problem here is that the monies you paid him never went to the bank..the bank is the true owner and IF htey allowed the lease, would have wanted the proceeds in order to satisfy the ... more
0 votes Share Flag Mon Aug 30, 2010 Foreclosure in Goshen
Catherine Be…, Real Estate Pro in Los Angeles, CA
Catherine Bedrossian answered:
In a short sale or foreclosure do I have to leave any appliances from the kitchen? I believe if you're doing a conventional sale you do!??
It is your choice how you market your property for sale - with or without applicances that are considered personal property. Any fixture that is attached must stay. If the buyer's ... more
0 votes Share Flag Mon Aug 23, 2010 Foreclosure in 10950
LUXURY HOME…, Real Estate Pro in El Segundo, CA
LUXURY HOME LOANS CA answered:
Can the county put a lien on another property owned by the same owner for unpaid taxes on the other?
I think they can put a lien on all properties owned. You best source for a legal question is a Real Estate Attorney. .... Happy funding, Rudi
0 votes Share Flag Fri Jul 2, 2010 Foreclosure in 10958
Bill Smith, Real Estate Pro in 10950
Bill Smith answered:
There is a house next door to me that has a notice taped to the door that the taxes have not been paid and the county will take possession by
Hi Linda,
Is the homes vacant? Are they going through probate? If you want to email me the address I can check to see if they're in foreclosure and how much they owe the bank. ... more
0 votes Share Flag Sun Feb 21, 2010 Foreclosure in 10958
Bill Smith, Real Estate Pro in 10950
Bill Smith answered:
I am considering on purchasing a home in New Windsor to take advantage of the $8k credit. My funds are limited. What would be the best way to go,?
yeah, the banks move slow, for the tax credit a short sale is pretty much out of the question unless they've already had an offer on the houses and the banks already done the BPO. ... more
0 votes Share Flag Sun Feb 21, 2010 Foreclosure in 12553
Team Pepka, Real Estate Pro in Florida
Team Pepka answered:
I bought a court house foreclosure. How long do I have to hold the personal items in the home before trashing out and cleaning. Florida home.
Congratulations on your purchase Ginny!

In Florida, Buyers take possession of their home and any and all contents on closing day. Any personal belongings that are in the home are ... more
0 votes Share Flag Wed Dec 9, 2009 Foreclosure in Florida
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