Foreclosure in Punta Gorda : Real Estate Advice

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Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
this property on sandpiper drive that is foreclosing at $141,000. How bad is it really? Is the Property really at $141,000 or do i have to pay more?
If it is being forclosed you really don't have any idea what amount it will sell at auction for. The bank that holds the loan will often put in an opening bid of that amount and since i ... more
0 votes Share Flag Wed Feb 18, 2015 Foreclosure in Punta Gorda
Randy and Vi…, Real Estate Pro in Punta Gorda, FL
Randy and Vicki Biehl answered:
I live in florida. i have an contract of buying property that has now been seized by the sherriff to sale, to satisfy a lien on the seller of my
This is a question that needs to be asked of a real estate lawyer.
0 votes Share Flag Tue Jun 10, 2014 Foreclosure in Punta Gorda
Randy and Vi…, Real Estate Pro in Punta Gorda, FL
Randy and Vicki Biehl answered:
When a foreclosure home is sold in Florida at a sheriffs sale will it have a clear title and be free of all liens before it can be auctioned off ?
Buyers beware of auction properties, you may not be getting a free and clear title with out liens on it.
0 votes Share Flag Tue Jun 10, 2014 Foreclosure in Punta Gorda
Randy and Vi…, Real Estate Pro in Punta Gorda, FL
Randy and Vicki Biehl answered:
in florida when a home goes into lis pendens wells fargo mortgage holder what is the average time frame before home is foreclosed on?
I don't think you can give an estimated time frame for a foreclosure process. From what I've seen it depends on the lender and their objectives. A local lawyer familiar with foreclosure ... more
0 votes Share Flag Tue Jun 10, 2014 Foreclosure in Punta Gorda
Tammy Hayes, Real Estate Pro in Port Charlotte, FL
Tammy Hayes answered:
How can I find the status of a property shown as lis pends in February 2013 in Punta Gorda, FL?
Some homes in this area are taking up to 4 years before they go to foreclosure once a Lis Pendens has been filed. Some homeowners are even getting refinancing and the home will no long ... more
0 votes Share Flag Mon Mar 11, 2013 Foreclosure in Punta Gorda
Tammy Hayes, Real Estate Pro in Port Charlotte, FL
Tammy Hayes answered:
In area in april,need a condo for 25,000 furnished, fund are tight will rent out to help with fees. I am 51, your thoughts
Many condo developments have rental restrictions. Some only allow you to rent 2-3 times per year. Some communities also require you to be approved or the tenant to be approved by the ... more
0 votes Share Flag Sat Apr 14, 2012 Foreclosure in Punta Gorda
Genevieve Ra…, Real Estate Pro in Punta Gorda, FL
Genevieve Ramachandran answered:
this home does it have a pool im looking for a home w a pool and 3 to 4 bed forcloser in a nice area and more sq footegeplease call me 9896146404
Hi Daniela,

Check out the link below for a broad spectrum of what's available upto $250,000.00.

http://PuntaGordaRealty.mfr.mlxchange.com/?r=1822042816&id=35363132393035 ... more
0 votes Share Flag Wed Jun 16, 2010 Foreclosure in Punta Gorda
Curt Mellon…, Real Estate Pro in Punta Gorda, FL
Curt Mellon and Mike Federau answered:
I'm looking for information on the property at 29025 Wood Duck Dr in the Hunters Creek Subdivision. I believe it is in Foreclosure but need info
We actually had this property listed. You can call us direct if you would like at 941-626-3640. They may consider a short sale. C. Mellon www.mlsDetectives.com
0 votes Share Flag Mon Feb 22, 2010 Foreclosure in Punta Gorda
Jason Stevens,  in Englewood, FL
Jason Stevens answered:
At a sheriffs sale on a foreclosed home, Is it better to let property revert back to the mortgage holder if no other biders are at the sale?
Hi Alan. Both previous answers are correct. Should the property revert back to the bank there is a 99% chance that the property will be listed as an REO property on the MLS and if the b ... more
0 votes Share Flag Sat Jan 16, 2010 Foreclosure in Punta Gorda
Bill Eckler, Real Estate Pro in Venice, FL
Bill Eckler answered:
My husband and I are looking into Cleaning out Forecloser homes .
Lauren,

There is a need for clean out services in the real estate business. Our recommendation is to develop flyers to be dropped off at various offices in the area. This way people ... more
0 votes Share Flag Fri Aug 28, 2009 Foreclosure in 33955
Shannon Moor…, Real Estate Pro in Port Charlotte, FL
Shannon Moore- The Moore Team answered:
I am selling a home in Punta Gorda. What are the target markets for persons moving to Punta Gorda?
Hi Terri,

If you are looking for a home in Deep Creek you can give us a call. We are very familiar with the area. We do have a foreclosed home that will be coming on the market in De ... more
0 votes Share Flag Sat Mar 28, 2009 Foreclosure in Punta Gorda
jmonville,  in Naples, FL
jmonville answered:
If i fore close on my home and the bank sells it. Am I responsible for the remaining balance on the loan?
You could be. The lender can come back to you for the deficiency. Before you decide if foreclosure is the right step for you there maybe other options. For instance there is a Deed-i ... more
0 votes Share Flag Tue Jan 27, 2009 Foreclosure in Punta Gorda
Shannon Moor…, Real Estate Pro in Port Charlotte, FL
Shannon Moore- The Moore Team answered:
I filed bankruptcy which was discharged in April 2007. I continue to pay my 70K first mortgage but can't
I would contact a local real estate attorney. We have used Ernie Sturges, 941-625-6666. He is located in Port Charlotte.

Good luck!

Shannon Moore, Realtor
Re/Max Anchor Realty ... more
0 votes Share Flag Thu Jun 26, 2008 Foreclosure in Punta Gorda
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