Foreclosure in Santa Clarita : Real Estate Advice

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Stormyleena, Home Buyer in Atlanta, GA
Stormyleena answered:
What is the difference between foreclosure and pre-foreclose?
A pre-foreclosure home is any home the home owner has defaulted on their mortgage. After a home owner has missed three consecutive mortgage payments the bank starts the foreclosure proc ... more
1 vote Share Flag Thu Aug 20, 2015 Foreclosure in 91354
Christopher…, Real Estate Pro in Tarrytown, NY
Christopher Pagli answered:
Is there another way of viewing details of a foreclosure house than using realty trac?
If it is listed in the local MLS as well you can have an agent send it to you.

Chris
1 vote Share Flag Mon Aug 11, 2014 Foreclosure in Santa Clarita
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
Do I have to bring cash /check to an auction? If I win , do I have a grace period or possibly sign something stating I will be able to get funds?
If you are talking about an auction at the courthouse at the end of the foreclosure, then you need cash because they require payment in days -- no time for a loan.
0 votes Share Flag Tue Aug 5, 2014 Foreclosure in 91354
Claudia Cook, Real Estate Pro in Valencia, CA
Claudia Cook answered:
if rental is in red forclosure status...can landlord evict for non payment of rent...we r trying to save to move and he hasnt been honest.
This is not the first time that I have heard of this issue. The below answers are accurate. I am not a lawyer so this should not be taken as legal advice. If you are current in your lea ... more
0 votes Share Flag Thu Feb 6, 2014 Foreclosure in 91354
Liliana West, Real Estate Pro in Santa Clarita, CA
Liliana West answered:
How can a first time buyer a foreclosure home in Santa Clarita?
Hi Lisa,

You sure got a lot of answers and I can help you sort them out. I'm a local Santa Clarita expert and would love to discuss this with you. Please give me a call!

Liliana ... more
0 votes Share Flag Fri Jul 19, 2013 Foreclosure in Santa Clarita
Sara Mehrpou…, Real Estate Pro in Los Angeles, CA
Sara Mehrpouyan answered:
what happens to a 2nd loan on a short sale?
Hi Zsaree,

The 2nd loan will also be negotiated during the short sale. If the 2nd loan is with the same lender, then usually they are negotiated together. If the lenders are differen ... more
0 votes Share Flag Sat Jun 30, 2012 Foreclosure in Santa Clarita
William Boyd, Real Estate Pro in Santa Clarita, CA
William Boyd answered:
i am looking to buy this house but i need more information on the forclusre auction day for the house how do i go about it ?
There are a couple of ways to go about it. Notice of Sale is a public document that can be researched at the hall of records. You can subscribe to different services, such as "Foreclosu ... more
1 vote Share Flag Fri May 18, 2012 Foreclosure in Santa Clarita
Joseph Beauv…,  in Cape Coral, FL
Joseph Beauvais answered:
Can the banks/lenders accept another offer after we signed an addendum?
If your agent read all of the addendums and contract and is an exclusive buyers agent, he or she should have seen a part that says, " we shall continue to market the home and accep ... more
0 votes Share Flag Thu Oct 7, 2010 Foreclosure in Santa Clarita
Hannah Flieg…, Real Estate Pro in Larkspur, CA
Hannah Fliegel answered:
We are facing foreclosure in 6 weeks in NC. I am not sure what our options are, since my husband is retired and on SS and I recently lost my job.
Hi Nitaj,

Here is a free 1 hour video on-line you can watch..It's an educational video and goes option by option for you. Good luck!
0 votes Share Flag Wed Feb 24, 2010 Foreclosure in Santa Clarita
Dianne Hicks, Real Estate Pro in Rancho Bernardo, CA
Dianne Hicks answered:
I put an offer on a house and it was never accepted or countered or declined. When I had my agent call the?
Hi Trex!
I understand your frustration but really they can accept any offer they choose. It is poor ethics for the listing agent not to respond or go back and either let you know or co ... more
0 votes Share Flag Mon Dec 28, 2009 Foreclosure in Santa Clarita
Joel Javan,  in Santa Clarita, CA
Joel Javan answered:
How does foreclosure affect a spouse that is not on the loan documents?
First, you need to speak with two people and you need to do this fast:
1) an Attorney
2) an Accountant

You need to do this to determine your options and the consequences of each. T ... more
1 vote Share Flag Thu Jul 16, 2009 Foreclosure in Santa Clarita
Gary Ricco, Real Estate Pro in LONG BEACH, CA
Gary Ricco answered:
I filled chapter7 bk in ca, my house is in foreclosure proceding and the bank has filed a motion to remove
Real Estate Mom,
as recommended your BK Attorney can answer this question. Most individuals think filing a bankruptcy will stop a foreclosure but they are worng, filing a BK only dela ... more
0 votes Share Flag Tue Jun 16, 2009 Foreclosure in Santa Clarita
Neil Mather, Real Estate Pro in Valencia, CA
Neil Mather answered:
in cross searching these properties i find them to be higher than your listing why
Dear Hilda,
I would really like to help you except that when you asked this question it didn't say anywhere what homes you are cross searching and which listing of mine you are referr ... more
0 votes Share Flag Wed Dec 3, 2008 Foreclosure in Santa Clarita
Annie Nguyen, Real Estate Pro in Fremont, CA
Annie Nguyen answered:
What happens to the borrower when the lender forecloses on their home?
Dear Scott,

That means the borrower will loose their house and bad credit scores. Unless they bring the loan to current by paying the default mortgage payments plus late charge and ... more
0 votes Share Flag Fri May 23, 2008 Foreclosure in Santa Clarita
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