Foreclosure in Rochester : Advice

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Alvin King G…, Real Estate Pro in Las Vegas, NV
Alvin King GRI,BA,REO answered:
Looking for a Realtor to show me foreclosure properties. I have experience buying more than 40 foreclosure properties. Please contact me.
It sounds like your experience in purchasing Foreclosed properties is vast. Are you looking for properties in any specific city? If you are looking for properties in the Las Vegas Met ... more
0 votes Share Flag Sat Aug 2, 2014 Foreclosure in Rochester
Ryan Dake, Real Estate Pro in Dallas, TX
Ryan Dake answered:
The house I am renting has gone into foreclosure, can I buy this house from lender?
Hi Lilbellasicilian--
Sorry to hear about that situation. Its unfortunate how often that landlords do this to their renters. You can buy it from the bank but the ways to do it are lim ... more
0 votes Share Flag Fri Apr 25, 2014 Foreclosure in Rochester
Bruce Ailion, Real Estate Pro in Marietta, GA
11 Ways to Create a Welcoming Front Entrance for Under $100By: Cara Greenberg HouseLogic.com Wouldn’t it be nice to approach your home’s entrance with a grin instead of a grimace? Take our… Read more
Blogged Thu Jul 18, 2013 by Bruce Ailion Home Selling Foreclosure Investment Properties
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Chris Moore, Real Estate Pro in 35750
Chris Moore answered:
how can i buy a foreclosed ?Is it diffcult?
Buying a foreclosure property can be very difficult or it can be very simple. There are so many circumstances that can effect the outcome. Make sure you use a reputable Realtor to ass ... more
1 vote Share Flag Thu Feb 21, 2013 Foreclosure in Rochester
Steve Quinta…, Real Estate Pro in Albuquerque, NM
Steve Quintana answered:
How can I purchase a Bankruptcy house in limbo?
The answers you have now from the bank and the owner do not add up. There are several possible routes to getting this house:

1. Ask the owner to sign over her rights.

2. Look a ... more
0 votes Share Flag Fri Aug 3, 2012 Foreclosure in Rochester
Paul E. Bocka, Real Estate Pro in Fairport, NY
The Neighbor Next Door initiatives are a collection of FHA's home sales programs designed to help communities and promote homeownership. Help a neighborhood! Buy a home through HUD's Good Neighbor Next… Read more
Blogged Sun Jul 31, 2011 by Paul E. Bocka Foreclosure
Paul E. Bocka, Real Estate Pro in Fairport, NY
HUD wants to strengthen America's communities. The Good Neighbor Next Door Program offers HUD owned single family (one-unit) homes to eligible participants at a 50% discount.The U.S. Department of Housing… Read more
Blogged Thu Aug 12, 2010 by Paul E. Bocka Foreclosure
Paul E. Bocka, Real Estate Pro in Fairport, NY
Can this program be used for repairs and improvements on purchases of HUD Homes?  Like the regular Section 203(k) program, Streamlined (k) may be used for single-family housing sold by HUD.  REO… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
How do you determine the value of a troubled property?Buyers considering a foreclosure property should obtain as much information as possible from the lender, including the range of bids expected. It also… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
How Banks Sell REOs Generally, banks have an entire department set up to manage their REO inventory. Once you make an offer to purchase, banks generally present a "counter-offer." It may be at a higher… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
NeighborWorks America Works to Thwart Foreclosure Rescue ScamsConsumers Tips to Avoid Being Scammed NeighborWorks® America announced that it filed two trademark complaints with online search engines… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
Falling Behind in Your Mortgage Payments? Contact us for FREE Foreclosure Prevention Counseling 585-546-3700 ext. 3015   Remember to Just say “NO” to “Foreclosure Chasers" who contact… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
REO is an abbreviation for Real Estate Owned properties. An REO (Real Estate Owned) is a property that goes back to the mortgage company after an unsuccessful foreclosure auction.  The bank now owns… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
Non-profit Program Informational Links:   Non-profit Approval Information  Non-profit FAQs  Housing Counseling Agencies  Downpayment Assistance Programs (DAPS)  Mortgagee letters  Net… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
Highlights of HUD's Homeless Assistance An unprecedented number of local programs - more than 5,300 - will receive nearly $1.4 billion.1,096 of the project awards being announced today target individuals… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
You may be able to get a hold of a decent property through a Housing and Urban Development (HUD) foreclosure.  Keep in mind that with a HUD foreclosure, you may have to invest money for repairs. If… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
HUD's Dollar Homes initiative helps local governments to foster housing opportunities for low to moderate income families and address specific community needs by offering them the opportunity to purchase… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
FHA offers community&faith-based non-profit organizations the opportunity to purchase Hud Homes, at discounts up to 30 percent, under the Direct Sales Program. With this discount, local non-profit… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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Paul E. Bocka, Real Estate Pro in Fairport, NY
What about financing?Although HUD does not offer financing directly, some of our homes qualify for FHA-insured loans. Shop around for a lender to find the best loan terms.Visit our Resource Center for… Read more
Blogged Mon Mar 29, 2010 by Paul E. Bocka Foreclosure
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