Foreclosure in Petaluma : Real Estate Advice

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Shel-lee Dav…, Real Estate Pro in Palos Verdes Estates,...
Shel-lee Davis answered:
Paying rent in a foreclosing home
Your contract to pay rent on the home you are renting is totally independent of the owner's contract with the bank to pay their mortgage. So yes, you are obligated to pay the rent.

... more
0 votes Share Flag Mon Mar 3, 2014 Foreclosure in Petaluma
Steve Thiels…, Real Estate Pro in Petaluma, CA
Steve Thielsen answered:
Is this the correct amount? What does it mean by transfer value? What would the additional costs be?
If you found the property listed for Casa Grande Road on a foreclosure website, you may be looking at values for an auction listing, that can only be bought at auction. Let me know if ... more
0 votes Share Flag Tue Nov 19, 2013 Foreclosure in Petaluma
David Thomas, Real Estate Pro in Petaluma, CA
David Thomas answered:
We are renting a house that is in the foreclosure process, and the house is going to auction on nov 3. Do we pay rent for this month?
How'd it go? Did it sell 11/3? Somebody will be contacting you, usually a realtor, to entice you to move out of a house now owned by the bank. Called "cash for keys" y ... more
0 votes Share Flag Fri Dec 9, 2011 Foreclosure in 94954
Pete Brocco, Real Estate Pro in Petaluma, CA
Pete Brocco answered:
Pre forclosure properties usually say Est. loan bal. and bank owned say est. sale price. Is this the total money needed to purchase the home ?
Call me, I will answer your questions.
Pete Brocco
Brocco Real Estate
RealtyTrac Broker
CA DRE License #00846056
(707) 571-8213
0 votes Share Flag Wed Oct 6, 2010 Foreclosure in 94954
Kamal Randha…, Real Estate Pro in El Sobrante, CA
Kamal Randhawa answered:
A friend of mine has gotten a notice of default on his primary residence in the state of Ca.He also has a lease in place on the home which was just
Hello Richard,

It's clear to me your friend will not be keeping this home, so a loan mod is out of the question. Your friend may want to consider a short sale and having done n ... more
0 votes Share Flag Tue May 18, 2010 Foreclosure in Petaluma
Bill Eckler, Real Estate Pro in Venice, FL
Bill Eckler answered:
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?

There is nothing wrong with exploring either of these options. This will only serve to expand your options. But on the down side, with "foreclosures" you are at the mercy of ... more
0 votes Share Flag Wed Sep 24, 2008 Foreclosure in Petaluma
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