Foreclosure in Los Angeles : Advice

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mortgagescam…, Other/Just Looking in Bend, OR
mortgagescamalert answered:
Is Foreclosure Prevention Management 16200 Ventura Blvd #404 Encino, Ca, a legitimate business? Elderly friend pd $15,000 so far but they seem shady.
Sure was interesting to hear that the Los Angeles real estate fraud division was interested in what the clients of Foreclosure Prevention Management had to say about Sierra Martin, if y ... more
0 votes Share Flag Wed Jul 9, 2014 Foreclosure in North Hollywood
Anna Coriasco, Real Estate Pro in 08691
Anna Coriasco answered:
How would I go about bidding for a particular property that I am interested in?
In order to make an offer, you should contact a real estate agent in the area of the home. They can provide you with a list of the recently sold homes in that area that are comparable ... more
0 votes Share Flag Mon Jul 7, 2014 Foreclosure in Studio City
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
I would like to buy a new home...I have a family of six and its time to OWN...MY Fico is only 650 with an
Hello cb, you may qualify FHA from fico scores between 500-579 with 10% down and minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You ... more
0 votes Share Flag Fri Jun 27, 2014 Foreclosure in 90019
Jacqui Rum, Real Estate Pro in Westlake Village, CA
Jacqui Rum answered:
how can i buy a foreclosure home?
Hi Edwin,

You should focus on REO properties, or "bank owned" instead. With foreclosures you will need all cash and you also will "inherit" all the debt that the current seller still ... more
0 votes Share Flag Wed Jun 25, 2014 Foreclosure in Winnetka
Naomi Selick, Real Estate Pro in Los Angeles, CA
Naomi Selick answered:
Hello, is this a safe family area with aged community? if so, how is the price range for a 3-bed room? even if it needs work
Carthay Square is a lovely neighborhood of mostly Spanish style homes with character where $1M will buy you a fixer if you're lucky and it goes up from there. I have sold several homes ... more
0 votes Share Flag Thu Jun 19, 2014 Foreclosure in Carthay Square
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
Hi, I saw 357 S Van Ness Ave in LA listed at over $1mil but recently I saw the same house listed at $70k. Is 70k the price I could buy the house for?
Hello Jack, you and everyone else would pay 70k cash for it but it was probably a scam or NOD? If you figure out what cities/zip codes your considering, minimum number of bedrooms and t ... more
0 votes Share Flag Sun Jun 15, 2014 Foreclosure in Greater Wilshire / Hancock Park
Brock Harris, Real Estate Pro in 90027
“Please, God, just one more bubble. I promise this time not to screw it up.”Okay, so you didn’t buy in 2009 when downtown condos were under $200K, and 3-bedroom homes in Silver Lake could be had… Read more
Blogged Thu Jun 12, 2014 by Brock Harris Home Buying Foreclosure Investment Properties
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Douglas Pere…, Real Estate Pro in Los Angeles, CA
Douglas Perez-(323) 285-8864 answered:
Can the bank foreclose on a house that is in escrow?
Yes, the bank can still foreclose unless the legal owner, the seller, do something to stop it. There are ways to stop it.
0 votes Share Flag Mon Jun 2, 2014 Foreclosure in Los Angeles
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
I would like more information about this property.
Hello champ310, you did not mention an address or attach a link? If you figure out what cities/zip codes your considering, minimum number of bedrooms and the maximum payment/price your ... more
0 votes Share Flag Thu May 29, 2014 Foreclosure in Playa Del Rey
Brad Korb, Real Estate Pro in Burbank, CA
Brad Korb answered:
I like to ask is beverly hills an older community where most people are post retirement, in comparison to malibu where all the young people are?
No ,there are many younger people moving in ,it does just not get the same press as Malibu !
0 votes Share Flag Sat May 24, 2014 Foreclosure in Beverly Hills Post Office
rons, Real Estate Pro in Concord, CA
rons answered:
How could a quitclaim deed help??
There is no question here. Do you mean you aren't paying your loan and want to scam the lender by quitclaiming the deed to some other party? If so, no. That won't help. Assuming my assu ... more
0 votes Share Flag Mon May 19, 2014 Foreclosure in Los Angeles
Heather Paul, Real Estate Pro in Santa Monica, CA
The Los Angeles and California Real Estate Market has definitely picked up. I wanted to share some of the latest California/Los Angeles Real Estate Market statistics with you all for the month of February… Read more
Blogged Thu May 8, 2014 by Heather Paul General Area Market Conditions Foreclosure
Heather Paul, Real Estate Pro in Santa Monica, CA
Foreclosures--and how you handle them--may have long-term credit score implications.The way you approach mortgage delinquency and possible foreclosure can have an effect on your credit score. Prudent handling… Read more
Blogged Thu May 8, 2014 by Heather Paul General Area Home Selling Foreclosure
Heather Paul, Real Estate Pro in Santa Monica, CA
Foreign Home Buyers are Snapping up U.S. Homes, especially in the State ofCalifornia. California has always been a fairly wise investment as home prices increase much faster than other areas.SEARCH LOS… Read more
Blogged Thu May 8, 2014 by Heather Paul Home Buying Foreclosure Property Q&A
Brad Korb, Real Estate Pro in Burbank, CA
Brad Korb answered:
I read that only 40% of short sales close. So what happens to the other 60%?
If 40% close ,then the remaining would go R.E.O. (bank owned )or the owner re-instated the loan ,the bank have worked out a loan modification !
1 vote Share Flag Sun Mar 23, 2014 Foreclosure in Silver Lake
Giovanni Fer…, Real Estate Pro in Los Angeles, CA
Giovanni Ferdinand answered:
when and where are the forclosures taking place for marina del rey?
The MLS has foreclosure properties, however the amount of foreclosures in this area have dwindled.
Giovanni Ferdinand
Realtor®
CalBRE#: 01942485
Office: (424) 280-7400
Direct: (2 ... more
0 votes Share Flag Sun Mar 23, 2014 Foreclosure in Marina Del Ray
David Chiles, Real Estate Pro in Los Angeles, CA
The CEO of Bank of America should be in jail serving a life sentence on conspiracy and fraud charges before any homeowner feels bad about defaulting on a loan. I understand that some homeowners may feel… Read more
Blogged Thu Mar 20, 2014 by David Chiles Market Conditions Financing Foreclosure
Robert J. Kr…, Real Estate Pro in Frederick County, MD
Robert J. Krop answered:
Short Sale and Chapter 7 Bankruptcy, what can the buyer in approved short sale do if the seller decided to file bankruptcy at escrow?
You will need to consult with a local real estate attorney. That is a very unfortunate circumstance. Sorry to hear you have to go through all of that after waiting on the short sale f ... more
0 votes Share Flag Wed Mar 19, 2014 Foreclosure in 90025
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz (213) 814-5238 answered:
Do you have a picture of the house that is for sale in this particular area. Olympic is a nice area i think
Yes it is! Which Property are you referring to?
0 votes Share Flag Mon Mar 17, 2014 Foreclosure in Carthay Square
Ben Vorspan, Real Estate Pro in Studio City, CA
Ben Vorspan answered:
pls tell me what this 30000 is can I buy the house for that much?
definitely speak with a lender. It's possible that your $30k can buy you a $150k home, if you qualify for a 20% downpayment loan. If you can get a 3% loan, that $30k could buy you a wh ... more
0 votes Share Flag Wed Mar 12, 2014 Foreclosure in Van Nuys
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