Foreclosure in Eugene : Advice

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James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
I have a money judgment lien on a house. I recently received lawsuit summons for foreclosure. Should I have been sued?
Robin contact an attorney but I doubt you are really being sued.
0 votes Share Flag Thu Sep 6, 2012 Foreclosure in Eugene
Ed Mckee, Real Estate Pro in Portland, OR
Ed Mckee answered:
bird-dogging for investors, so my question is can I bring houses to my investors from any source? A lending Co told they could only take unlisted hom
I close "fix & flip" transactions consistently with a small institution with Private Money. Their rates start at about 71/4 and they never run out of money and will close ... more
2 votes Share Flag Wed Jan 25, 2012 Foreclosure in Eugene
Dohn Riley, Real Estate Pro in Eugene, OR
Dohn Riley answered:
Can a short-sale seller legally sell "an option" on the property? I assume this is not known to the lien holder.
I agree that most likely you do not have a legitimate contract. If a seller does not have enough equity to cover the primary and secondary mortgages plus the costs of the sale, that per ... more
0 votes Share Flag Sun Dec 26, 2010 Foreclosure in 97440
Robert Pratt, Real Estate Pro in Chicago, IL
Robert Pratt answered:
Foreclosures; general questions, how do they relate in terms of pricing and how hard are they to purchase?
In general foreclosed properties are priced to sell. Banks are at a point where they are trying to unload the property, at what is owed on the note or its market value or sometimes unde ... more
0 votes Share Flag Wed Dec 22, 2010 Foreclosure in Eugene
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
if a home is being foreclosed and going up for auction does the property it's self have to be posted before the sale or just advertised in
If it is a foreclsoure auction, the property itself does not need to be poste din most states,, but the auction simply advertised for the 3 weeks before the foreclosure auction in the m ... more
0 votes Share Flag Mon Dec 20, 2010 Foreclosure in Bethel-Danebo
Happyrenter, Home Buyer in Eugene, OR
Happyrenter answered:
Do I move out, or do I stay rent free if the forclosure was canceled?
Here is some additional information you may want to consider (Source: http://www.nrtoday.com/article/20090818/NEWS/908189996/1055 ):

Both Congress and the Oregon Legislature passed l ... more
0 votes Share Flag Thu Aug 20, 2009 Foreclosure in Eugene
Dirk Knudsen, Real Estate Pro in 97124
Dirk Knudsen answered:
How does the tax lien auction for homes work in Oregon? Is the gen. public eligable w/o liscence?List in Or.
Phil.

Get cashiers check(s)... go to county courthouse... bid! Bid Bid!!

Biggest issue is the deed you get is not a really great deed and that you do not know usually what is go ... more
0 votes Share Flag Sat Apr 4, 2009 Foreclosure in Eugene
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