Foreclosure in Virginia Beach : Advice

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Ava Buttler, Home Buyer in Southampton, NY
Ava Buttler answered:
What happens if I stop paying on a mortgage for a Timeshare?
Don’t jeopardize your financial future

In conclusion, what occurs if I discontinue paying my ownership? Your credit score will be seriously damaged, affecting your financial future ... more
0 votes Share Flag Sat Mar 21, 2015 Foreclosure in Virginia Beach
Alex Caver, Real Estate Pro in 23464
Alex Caver answered:
Where can i get a listing or archived forclosures? i am looking for a property that was listed in a foreclosure sale about the end of 2012.
If you would like for me to look this information up for you I would be able to. As stated below I would need the address and that should be enough info for me to get the info you may n ... more
2 votes Share Flag Wed Jun 18, 2014 Foreclosure in Virginia Beach
April Ford, Real Estate Pro in Norfolk, VA
April Ford answered:
Are there any protections out there for a military spouse who inherited a house that about to be foreclosed on next week 5/18/13?
ELAINE, We can lend you the money you need to catch up the mortgage at a low interest rate. Please pray about it and if you feel so led, let me know if you want to proceed. Thanks.
0 votes Share Flag Thu May 9, 2013 Foreclosure in Virginia Beach
Judi Rutland, Real Estate Pro in 32541
Judi Rutland answered:
why wouldnt a bank want to get rid of a non producing asset such as a short sale in timely manner?
Banks march to their own tune and while your "why" question is valid many variables are at work. If the bank has an asset on their books and it has not been put on the market ... more
0 votes Share Flag Sun Feb 26, 2012 Foreclosure in Virginia Beach
Kevin Monette, Real Estate Pro in 23451
Kevin Monette answered:
How can I stop a forclosure with a set date of 25 Nov.?
Pete,
Checking in to see how today went?
0 votes Share Flag Mon Nov 21, 2011 Foreclosure in Virginia Beach
Joe McAvoy, Real Estate Pro in Newport News, VA
Joe McAvoy answered:
I am a retired Navy vet and I am facing immediate forclosure by my second mortgage co. are there any programs that will help?
Hi Pete,

As mentioned in responses below, get an attorney to work on your behalf. Banks speak the language of money and security against financial risk. The banks usually just want ... more
0 votes Share Flag Mon Nov 21, 2011 Foreclosure in Virginia Beach
Shawn Blount, Real Estate Pro in Virginia Beach, VA
Shawn Blount answered:
I thought that I saw this home as a foreclosure somewhere else online. Because it has been removed does that mean isnt available to buy as a foreclosu
There are several reasons why a foreclosure may appear one moment and be gone the next. It also depends on what entity currently owns the home. The best way to know for sure is to eit ... more
0 votes Share Flag Thu May 5, 2011 Foreclosure in Virginia Beach
Ck1jaj, Other/Just Looking in Norfolk, VA
Ck1jaj answered:
The house I rent is up for auction on Weds. The landlord wants money and keeps saying it's been resolved but the notice is still up? Please
Unfortunately, landlords often try to scheme their way out of this by continuing to collect money from their occupant while the property is in foreclosure. The best way to know for sur ... more
0 votes Share Flag Fri Apr 1, 2011 Foreclosure in Virginia Beach
Ck1jaj, Other/Just Looking in Norfolk, VA
Ck1jaj answered:
My home was sent to a lawyer yesterday for forclosure. How much are they allowed to charge me to make the loan right again? Thanks John John
The bank can only ask for what is owed on the home including attorney's fees and costs. For example, if you owe $7400 on your mortgage to get it back up to date and the current at ... more
0 votes Share Flag Fri Apr 1, 2011 Foreclosure in Virginia Beach
Nelene Gibbs, Real Estate Pro in Virginia Beach, VA
Nelene Gibbs answered:
How long is the process to purchase a REO piece of property?
If you are in a time crunch to buy don't got the REO route. Some banks are quick to respond, others seem to take forever. I have worked both sides of these deals and with all of ... more
0 votes Share Flag Tue Apr 27, 2010 Foreclosure in Virginia Beach
Betty Stern,…, Real Estate Pro in Virginia Beach, VA
Betty Stern, CRS, GRI answered:
How can I save this property from foreclosure?
Terry,
I wonder if you understand the terms of a reverse mortgage. Thirty percent of the value of the appraisal done at the time that loan was put in place was kept in reserve, and th ... more
0 votes Share Flag Tue Sep 29, 2009 Foreclosure in Virginia Beach
James Ryan, Real Estate Pro in Leesburg, VA
James Ryan answered:
Will a bank take $350k for a $600k home if there was nothing inside of it?
Hi Stuck, just a quick couple of things, FIrst, a quick correction with all due respect to Frank, and although a cash transaction would be the easiest, there are still 203-K loans avail ... more
0 votes Share Flag Sun Aug 2, 2009 Foreclosure in Virginia Beach
J R,  in New York, NY
J R answered:
Buyers market...
Your primary house is NOT AN INVESTMENT, it's SHELTER. You are supposed to have RETIREMENT SAVINGS outside of your home.
~~~~~~~~~~~~~~~~~
A lean-to is a "shelter". Even people who ha ... more
0 votes Share Flag Thu Oct 4, 2007 Foreclosure in Virginia Beach
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