Foreclosure in Broward County : Advice

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The Daniels…, Real Estate Pro in Colorado Springs, CO
The Daniels Team answered:
I have my home currently for sale (short sale). I missed one month of payment but paid the next one. Would?
It is definitely difficult for homeowners to make the decision to miss a payment. I have been able to negotiate some short sales without a missed payment. Tough decision for the homeo ... more
0 votes Share Flag Sun Aug 12, 2012 Foreclosure in 33029
Retiring, Other/Just Looking in Dania Beach, FL
Retiring answered:
waht to do with my condo in Dania FL?
Your first step is to get a Realtor out there to take a look at it and get a comparative market analysis. Find out what it's worth, and find out what the pay off is. Getting that info w ... more
0 votes Share Flag Tue Aug 7, 2012 Foreclosure in Dania Beach
tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
What would be considered non-personal debris?
I have never heard that term before but tree limbs, boards, old fences, etc would sound like what it means. Not personal house garbage or old clothes or like that.
0 votes Share Flag Tue Jul 10, 2012 Foreclosure in Miramar
Minna Reid, Real Estate Pro in 06107
Minna Reid answered:
2nd lien holder repayment question,
Review your short sale approval letter from the second to see whether they settled the debt or just released the lien.
If they only released the lien- yes they can pursue you for the ... more
0 votes Share Flag Thu Jul 5, 2012 Foreclosure in Cooper City
Jeff Holloway, Real Estate Pro in Sebastian, FL
Jeff Holloway answered:
Starting a Foreclosure Clean Up Business, need advise on marketing, and how to get paid for services
If your starting up a celan up business...don't just limit yourself to foreclosures! You not only want business...but business that actually has some profit margin in it! I also he ... more
0 votes Share Flag Tue Jun 19, 2012 Foreclosure in 33026
Antonio Vega…, Real Estate Pro in Davenport, FL
Antonio Vega-Pacheco answered:
i bought a condo at the county auction the association told me that i owe 17000 for all the time that nobody pay. do i have to pay that ?
Everyday people grow by learning from their mistakes. "Due diligence" is a term used for a number of concepts involving either an investigation of a business or person prior ... more
1 vote Share Flag Wed Jun 13, 2012 Foreclosure in 33021
Gloria De Je…, Real Estate Pro in Coral Springs, FL
Gloria De Jesus answered:
in FL, would the county of Broward negotiate a settle with a new owner who acquires a property with significant liens for outstanding violations?
I just had a situation similar to this in the city of Tamarac. The lien should be cleared prior to you closing on the house. The title company should help with this issue along with t ... more
0 votes Share Flag Wed May 23, 2012 Foreclosure in Coral Springs
Gregory Dami…, Real Estate Pro in Pompano Beach, FL
Gregory Damiani answered:
What are the inconveniences of buying a short sale property?
Myriad. First and foremost is time. I have had short sales take 2 years!! I think you need to realistically expect 3 months from offer to successful close - UNLESS - you step in the ... more
0 votes Share Flag Mon May 14, 2012 Foreclosure in North Central Hollywood
Roy D. Barker…, Real Estate Pro in Coconut Creek, FL
Roy D. Barker, Jr answered:
looking to move to south florida early next year. do you think there will still be a market for forclosure cleanout business then?
Foreclosures are not going away any time soon. I have an investment group that is waiting on Fannie mae/freddie mac to release another 500,000 properties in the very near future. we h ... more
0 votes Share Flag Sat May 5, 2012 Foreclosure in Pompano Beach
Roy D. Barker…, Real Estate Pro in Coconut Creek, FL
Roy D. Barker, Jr answered:
How do you foreclose on a property?
Owner Financing is esentially the same process as any bank loan, it is just the owners become the bank.. As long as the Documents are recorded, it goes through the court system just lik ... more
0 votes Share Flag Sat May 5, 2012 Foreclosure in Pompano Beach
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
my house was sold at auction.need to know how long i have to move out.
What kind of auction?

If you mean a foreclosure auction at the courthouse, then the Certificate of Title is issued 10 days after the sale and that's when the new owner legally owns i ... more
1 vote Share Flag Mon Apr 23, 2012 Foreclosure in Margate
Martha Mccar…, Real Estate Pro in Estes Park, CO
Martha Mccarver - answered:
my cedit score is 620 i make 10000 my husband makes 100000 he just forclose i would like to know if i could get a loan for a mortgage
You could certainly try to get a mortgage in just your name. You would have to qualify on just your income, so....smaller home.
0 votes Share Flag Sun Apr 22, 2012 Foreclosure in Margate
Marsha Umans…, Real Estate Pro in Coral Springs, FL
Marsha Umansky answered:
I have loan with Aurora bank.I would like to know who holds the note on my home since Aurora is not the lender .How to find the info.about my loan?
To verify and contest the "robo-signing", and possibly keep your home, you need to have a good real estate attorney.
You need to talk to your current mortgage servicer/lien holder and ... more
0 votes Share Flag Mon Apr 16, 2012 Foreclosure in 33060
Nicole Marks…, Real Estate Pro in Boca Raton, FL
Nicole Marks Mason answered:
What is the first step I would have to take to purchase a foreclosure...and is there anyway I can see inside and have a tour before I decide further??
With any purchase, foreclosure or otherwise, you need to get a pre-approval letter from a lender or a Proof of Funds letter from the place where your money is being held. Either one of ... more
0 votes Share Flag Sat Apr 14, 2012 Foreclosure in Parkland
Marc Jablon, Real Estate Pro in Boca Raton, FL
Marc Jablon answered:
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?
There are no drawbacks to searching for FSBOs or foreclosures in Parkland. All of the Parkland foreclosures for sale will be listed in the mls. FSBOs in Parkland are another story. FSB ... more
0 votes Share Flag Wed Apr 11, 2012 Foreclosure in Parkland
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Is anyone seeing Condo Boards using their 1st right of refusal and buying distessed units?
No, but I see that clause kicking the value of units to death. Four out of the last five loan app I had on condos were declined because of stupid things like that clause. Doesn't make ... more
0 votes Share Flag Thu Mar 29, 2012 Foreclosure in 33324
James P. Ryan…, Real Estate Pro in Washington, DC
James P. Ryan, Jr answered:
What is the best way to negotiate down a deficiency judgment (without using a lawyer)?
Hi Marsha,
As already mentioned, cash is king, negotiate from a position of relative strength. However, negotiating BEFORE the short sale seems to be an even stronger position.
Best ... more
0 votes Share Flag Sat Mar 10, 2012 Foreclosure in South Florida
SacRElender -…, Real Estate Pro in Sacramento, CA
SacRElender - Bob Willett answered:
Does Anyone else agree with me that is the most shady site in the history of Real estate Sales?
My experience with auction companies is that they do have their own way of doing things, and if you are expecting “Realtor” type ethics you will be disappointed. However, I ... more
0 votes Share Flag Wed Feb 29, 2012 Foreclosure in 33321
Antonio Vega…, Real Estate Pro in Davenport, FL
Antonio Vega-Pacheco answered:
I'm a Canadian interested in buying a condo in orlando for renting it. How does the tax work? do i have to file w/ the IRS or here as foreign?
Since the property will be for investment you will have to pay taxes to the US goverment every year of your income. You will need to get a tax filing number from the IRS (similar to a ... more
1 vote Share Flag Tue Feb 28, 2012 Foreclosure in Fort Lauderdale
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