Foreclosure in Montclair : Advice

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Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
Hi there. I would like to know how to go about buying a foreclosure condo in Montclair NJ. Regards, Wayne
Hi Wayne,

Is there a particular condo you are thinking of? The best thing you can do is to find a good real estate agent to work with. Look for the SFR (Short Sale and Foreclosure ... more
0 votes Share Flag Tue Jun 3, 2014 Foreclosure in Montclair
aftervince19…, Other/Just Looking in Greenville, NC
aftervince1973 answered:
Mortgage after foreclosure
See Comstock. They have a flexible credit loan. This program assists homeowners who have recently been through a foreclosure, short sale or have recently emerged from bankruptcy.
0 votes Share Flag Wed Apr 9, 2014 Foreclosure in Montclair
Carl Witzig, Real Estate Pro in Montclair, NJ
Carl Witzig answered:
How do we go about purchasing a forclosure property? Do we still use a Realtor? If the property is owned by a bank, will the process be the same?
Monique,
The bank owned props are listed with a broker who uses an MLS to maximize exposure and get as many offers as possible. Use any agent who will give good service, (not easy some ... more
0 votes Share Flag Sun May 15, 2011 Foreclosure in 07042
Cristie Berg, Real Estate Pro in Orem, UT
Cristie Berg answered:
what is the difference between an real estate agent and broker?
It really does depend on which state that you are talking about. In Utah an agent completes 90 hours of classes and a broker completes 150 hours and has minimum experience requirements ... more
0 votes Share Flag Fri Feb 11, 2011 Foreclosure in 07042
Cristie Berg, Real Estate Pro in Orem, UT
Cristie Berg answered:
Looking to put a bid on a luxury home that was forclosed after 15 months on the market. The bank has owned
The answers provided provide good counsel. I would like to answer your question from a little different angle because I think you were asking how to make your offer more appealing with ... more
0 votes Share Flag Fri Feb 11, 2011 Foreclosure in 07042
Carl Witzig, Real Estate Pro in Montclair, NJ
Carl Witzig answered:
place back up offer realtor said bank did not sign What does it means?
Could you write a complete sentence please? Looks like your question was cut off, as it starts with the word place, not capitalized. Should there be a comma after "offer"? A p ... more
0 votes Share Flag Sun May 9, 2010 Foreclosure in 07042
Carl Witzig, Real Estate Pro in Montclair, NJ
Carl Witzig answered:
What are the procedures in new jersey after a sheriff sale?
And before the 10 day redemption period, the bank usually buys the house for what is owed on it, technically the foreclosure and passing of title to the bank. Why do you ask, prey tell?
0 votes Share Flag Sat Jan 16, 2010 Foreclosure in 07042
Harrison K.…, Real Estate Pro in Newport Beach, CA
Harrison K. Long answered:
Is a backup offer on a foreclosed (bank owned) property worthwhile?
Some people will say it's a waste of time to place a backup offer on a home that is under contract and in escrow. That depends. If you have a solid down payment of at least twent ... more
0 votes Share Flag Fri Aug 21, 2009 Foreclosure in 07042
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