How Long Can Stay In House Foreclosure In New Jersey All Locations : Advice

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can i list my home while under foreclosure proceedings?
Yes. If you owe more to the bank then the property is worth, you can do a short sale. Feel free to give us a call and we can explain the process to you.

Eli Givoni, Director
Short ... more
0 votes Share Flag Fri Apr 13, 2012 Foreclosure in 07731
Gerard Carney, Real Estate Pro in Spring Hill, FL
Gerard Carney answered:
I am working with an agent to buy a house in Bloomfield. She is nice, but I feel she is not that knowledge ...
You are absolutely wrong, Agents sit in the dark on the information regarding Short Sales, Simply put, there is very little information other than a Realtor has made the asking price, q ... more
0 votes Share Flag Thu Dec 15, 2011 Home Buying in Bloomfield
Frank Bigans…, Real Estate Pro in Newport News, VA
Frank Biganski answered:
Looking to purchase a condo or townhouse in Virginia Beach as a vacation home and possible summer lease. Pu ...

I specialize in townhome and condo properties and since you are considering the possibility of leasing the property, I would not suggest purchasing within a condo community a ... more
0 votes Share Flag Sun Dec 11, 2011 Home Buying in Virginia Beach
Sean McIllwa…, Real Estate Pro in Boulder, CO
Sean McIllwain answered:
Is Boulder on the precipice of a potential housing meltdown? Need honest market analysis. See
I can't see Boulder having a meltdown due to several key factors:

1. College town
2. Slow growth initiative
3. Appreciation in the bubble years was never out of control as com ... more
0 votes Share Flag Thu Dec 20, 2012 Market Conditions in Boulder
Helen Cocuzza, Real Estate Pro in BayHead, NJ
Helen Cocuzza answered:
if a house has been in preforclosure for 1yr than placed on short sale no money pd on house how can owner ...
I have never had that occur, it is still going to be sold whether by Sheriff's sale or Bank so typically you cant get it back. However I did know of a fellow that was losing his ... more
0 votes Share Flag Wed Jun 15, 2011 Foreclosure in 08109
Kathleen Lor…, Real Estate Pro in Baxter, MN
Kathleen Lordbock answered:
If Seller refuses Extension to Closing Date, and all my Contingencies have expired, do I lose my Escrow Deposit?
Did you sign an arbitration agreement or decline arbitration?
0 votes Share Flag Sat Dec 20, 2014 Home Buying in Los Angeles
Jennifer Bla…, Real Estate Pro in Basking Ridge, NJ
Jennifer Blanchard answered:
How can I be sure my realtor put a bid in?
Hi Newbie, I'm sorry to hear this question. Your relationship with your realtor should leave no room for this sort of doubt. But, if you truly need assurance, you can ask your agen ... more
0 votes Share Flag Mon Feb 10, 2014 Home Buying in 07036
Cindy Crawfo…, Real Estate Pro in Round Rock, TX
Cindy Crawford answered:
If I want to spend $250K on a house, what listing price Should I be shopping in?
Hi Otis,
An average list to sales price in these neighborhoods is around 96%. I'd love to help you find the right home. Please call text or email me.
Cindy Crawford, REA ... more
0 votes Share Flag Sat Apr 30, 2011 Home Buying in Austin
Linda Cefalu, Real Estate Pro in Franklin, WI
Linda Cefalu answered:
Tonight's news is predicting that 2011 will be hit very hard by increased foreclosures, quoting stats from RealtyTrac.
I think the news has a way of causing some of the issues we are dealing with. I believe we will be looking at an increase in the number of foreclosures in the future. However, while t ... more
0 votes Share Flag Tue Feb 15, 2011 Market Conditions in New Jersey
Felix Hung, Real Estate Pro in Irvine, CA
Felix Hung answered:
Escrow hold back. underwriter wants me as buyer to pay for the repairs B4 closing.How can I pay for repairs.w ...
If the underwriter is asking for you to repair the property, it's likely that you're financing with a FHA loan. If that is the case, your agent should have known that the prop ... more
0 votes Share Flag Tue Aug 25, 2015 Home Buying in Tucson
Lisa Cannata, Real Estate Pro in Falmouth, MA
Lisa Cannata answered:
I am looking to buy REO around Parsippany.NJ area for residential purpose. How can I find an agent wit ...
A lot of the times the companies that tend to list the majority of REO properties have the Realtors with the most experience working for them. Even using the listing agent when it comes ... more
0 votes Share Flag Sat Jun 20, 2015 Home Buying in 07054
Laud, Other/Just Looking in Fitchburg, WI
Laud answered:
With the recession and housing market like it is, can you negotiate realtor fees?
You can ALWAYS find a Realtor who will do it for less. There are hundreds of Realtors who are basically out of work and willing to do just about anything for money. They too are unemp ... more
0 votes Share Flag Fri Jul 15, 2011 Home Selling in Madison
Laura Gianno…, Real Estate Pro in Manahawkin, NJ
Laura Giannotta answered:
Trying to buy a short sale home. Should I back out?
You are represented by a REALTOR, it would be unethical for another REALTOR to advise you.
0 votes Share Flag Mon Dec 13, 2010 Home Buying in 08330
Melinda Cronk, Real Estate Pro in Ridgewood, NJ
Melinda Cronk answered:
CONTACTED HOME OWNER to let her know that I would like to purchase
Hello. While short sales can represent a great bargain for buyers who are willing to do the work, the downfall is that you have to be willing to wait through the approval process. Som ... more
0 votes Share Flag Fri Feb 4, 2011 Home Buying in 07450
David Leonard, Real Estate Pro in Jersey City, NJ
David Leonard answered:
I'm thinking about buying an investment property in JC.
To answer the foreclosure question: if the property is already foreclosed on, you won't save any money. The banks get a BPO on the property from three agents, they pick one, and ... more
0 votes Share Flag Sun Jul 15, 2012 Market Conditions in 07302
Joanna Morris, Real Estate Pro in Inverness, FL
Joanna Morris answered:
Can we contact the attorney acting on behalf of the lender to find out whats going on with a property ...
Typically the foreclosure process takes a long time. Eventually they will foreclose and give the property to a Realtor to list.
0 votes Share Flag Mon Nov 1, 2010 Foreclosure in Princeton
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
2 Bed townhome at 250K, 3 bed townhome at 350K? Is it worth 100K more for additional space?
The square footage of the units is more important in trying to figure this out than strictly whether it has 2 or 3 bedrooms. That seems like a large price difference in that price range ... more
0 votes Share Flag Wed Oct 20, 2010 Home Buying in 08879
Scott Miller, Real Estate Pro in Boca Raton, FL
Scott Miller answered:
Do you think this latest "foreclosure crisis" with at least three major banks calling a halt to f ...
Hi Suz. Hmmmm, well, Florida is receiving $388M from Wells Fargo in a settlement towards mods, right? So that would be 388 homes at a million $ each, or 776 at $500K/ea, or 1552 at $25 ... more
0 votes Share Flag Wed Oct 26, 2011 Market Conditions in Morris County
The Force Gr…, Real Estate Pro in ,
The Force Group answered:
Why do short sales take so much time to settle?
Dear Balaji,

Short sales can be frustrating. Has anyone explained the process to you? Here is a brief on how it works:

After the seller has accepted your offer a person will be a ... more
0 votes Share Flag Tue May 1, 2012 Home Buying in 08859
Jay Hurst, Real Estate Pro in McLean, VA
Jay Hurst answered:
Housing Is A Lousy Investment?
Why do Gold, Silver and Oil have value? They are limited resources.
So is land.

In my very first Real Estate class, it was taught - "under all is the land". Land is finite ... more
0 votes Share Flag Sun Dec 11, 2011 Home Buying in Virginia Beach
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