Real Estate Auction On Courthouse Steps All Locations : Nationwide Real Estate Advice

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Joseph Finne…, Real Estate Pro in Bethlehem, PA
Joseph Finnerty answered:
how can I buy a foreclosed home?
Hi Richard,

Foreclosed homes are listed by real estate firms the same as regular resale homes and you can view them for sale on all of the typical websites that you look at for non-f ... more
0 votes Share Flag Fri Nov 15, 2013 Home Buying in Venice
Lonna Berry, Real Estate Pro in Scotts Valley, CA
Lonna Berry answered:
These listings that are realty Trac, do you have to join, can an agent look them ... they are not an auction can you deal with the bank ? ...
Hi Brian,

You do have to join in order to see all the information on Realtytrac. I think you can join for free for a week to check it out and cancel after that. If an agent has resou ... more
0 votes Share Flag Thu Jan 10, 2013 Home Buying in Boulder Creek
Douglas Poto…, Real Estate Pro in Kingman, AZ
Douglas Potokar answered:
Most of the homes put up for auction are distressed homes. Most will not qualify for any financing means. Investor will pick them up and renovate them allowing the property to be fancia ... more
0 votes Share Flag Thu Jan 10, 2013 Home Buying in Washington
Shaukatali K…, Real Estate Pro in Katy, TX
Shaukatali Kadibhai answered:
How to buy a foreclosed property bankowned??
Hello Kit,
When you buy foreclosed property in auction you have to pay the FULL amount in CASH.
I have done this in Florida but may differ in other states.

So there is no down paym ... more
0 votes Share Flag Thu Jan 10, 2013 Foreclosure in 91791
Alain Picard, Real Estate Pro in Puyallup, WA
Alain Picard answered:
buying an auction property & clean title
I would have to advise you to work with an experienced real estate agent and/or attorney when buying homes at foreclosure auctions. You could end up buying more than you bargained for. ... more
0 votes Share Flag Fri Dec 28, 2012 Home Buying
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
buying an auction house
No, you don't, but do plan on facing a bid for that amount.
0 votes Share Flag Sun May 17, 2015 Home Buying in Berkeley
Steve (888)…, Other/Just Looking in 33496
Steve (888) 662-4404 answered:
interested in placing a bid at online foreclosure auction at half of estimated value. Do I have a chance of ...
You are wasting your time with such a lowball offer unless its a Sink Hole property!.

This is not 2007, prices are going back up. You need to make a reasonable offer if you wha ... more
0 votes Share Flag Wed Dec 26, 2012 Foreclosure in 34446
Simon Campbe…, Real Estate Pro in Miami Beach, FL
Simon Campbell answered:
do you have to pay the full amount at the same time?
If you are purchasing the foreclosed home that is listed by a real estate agent, you can submit an offer subject to bank financing.

If you are purchasing through an auction, in many ... more
0 votes Share Flag Thu Dec 20, 2012 Foreclosure
Laura Coffey, Real Estate Pro in Santa Clarita, CA
Laura Coffey answered:
Do foreclosures get listed on the MLS?
Foreclosures that are listed by agents do go in MLS. When a house is first foreclosed on it will usually go to auction first. If no one buys it then it will go into the MLS by a REO age ... more
0 votes Share Flag Mon Dec 17, 2012 Foreclosure in Marin County
Alma Kee, Real Estate Pro in Tampa, FL
Alma Kee answered:
I would like to know if you could find out who the owner is and make a deal with them directly in the pre-foreclosure process
Sure and although there are very few "preforclosure" properties where the owner actually has equity, you may be able to find the rare one. There will be other investors knocking on the ... more
0 votes Share Flag Thu Jun 20, 2013 In My Neighborhood in 33570
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
Bought Occupied short sale property through auction.
You should start by sending an eviction notice. If that doesn't work, get the sheriff involved.
0 votes Share Flag Mon Apr 14, 2014 Home Buying in Fort Lauderdale
Linda Baker, Real Estate Pro in Los Gatos, CA
Linda Baker answered:
Hi I am Angie ,when is the good time to listing the house for sell ? and i like to purchasing other home in San jose area, about $450,000 under?
Hi Angie,
Believe it or not, right now is a great time to sell!!
Even though December is historically slower, there are still many active buyers and multiple offers are still the rule ... more
0 votes Share Flag Thu Dec 13, 2012 Foreclosure in Berryessa
Steven Ornel…, Real Estate Pro in Fremont, CA
Steven Ornellas answered:
About Trustee Sale or Foreclosure Auction - What do buyers be wary?
Hi Alice, you are targeting the most risky of ways to obtain distressed property and if you have not done this before I would refocus your purchase towards a different direction.

Her ... more
0 votes Share Flag Sat Mar 30, 2013 Market Conditions in San Jose
Claudia Mull…, Real Estate Pro in
Claudia Muller Gravelle answered:
What is the current reality of working with a bank to purchase REO in Livermore.?
Dave: This sounds very promising.
You would be required to have a minimum of 20% down payment for this. 30% will get you better pricing on the interest rate. The more down payment, t ... more
0 votes Share Flag Wed Nov 28, 2012 Home Buying in Livermore
Terri Vellios, Real Estate Pro in Campbell, CA
Terri Vellios answered:
Can auction properties be bought at steep discount? What are the risks in buying auction properties?
Are you referring to the court house steps or where a real estate agent / company does an auction?

On the court house steps are you just purchasing the foreclosed lien, there may be ... more
0 votes Share Flag Sat Nov 17, 2012 Home Buying in San Jose
Richard Iaro…, Real Estate Pro in Gambrills, MD
Richard Iarossi answered:
Foreclosures in Friendship Heights
If you're talking about foreclosures sold at auction on the courthouse steps, most of the time they are taken back by the bank. The bank will eventually put it back in inventory with a ... more
0 votes Share Flag Thu Oct 17, 2013 Home Buying in 20815
Pacita Dimac…, Real Estate Pro in Oakland, CA
Pacita Dimacali answered:
How to buy a home at auction (not the courthouse steps ones)?
Your best bet may be to attend one of these events, see how it's done. The rules may be different depending on who the foreclosing bank is.

Since you've seen, then you ma ... more
0 votes Share Flag Fri Nov 2, 2012 Home Buying in Concord
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
I'm renting a room and i was given 3weeks to move out. The house has been up for foreclosure. Can i get cash for keys? I'm in San Jose CA
Please do not shoot the messenger;
It has been my experience that the Landlord usually ends up with the CASH:

You don't know who the Lender or the Listing Agent is, you don't know h ... more
0 votes Share Flag Wed Oct 24, 2012 Foreclosure in San Jose
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
I want to buy a REO property,cash only,in an on- line auction. Need advice on steps to take to check per ...
From my point of view; I don't understand why you'd want to do this:
You are talking resking $200,000 to $400,000 (Anaheim prices) to buy a pig-in-a-poke, without Inspections, without ... more
0 votes Share Flag Thu Oct 18, 2012 Home Buying in Anaheim
Monica Barri…, Real Estate Pro in San Antonio, TX
Monica Barrientos answered:
Can I stop a house from going to auction?
Ms. Petersen, I will contact the former listing agent for you and will see if the bank would still consider a sales contract as oppossed to a courthouse auction. Please give me the addr ... more
0 votes Share Flag Fri Oct 12, 2012 Home Buying in San Antonio
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