Who Pays Transfer Tax Seller Or Buyer?: Foreclosure All Locations : Advice

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Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
Should I get a realtor to represent us for a foreclosed property?
Good Morning Tweath;

You should be represented by a Real Estate Agent when you are considering buying, selling, or leasing any property.
0 votes Share Flag Thu Mar 3, 2011 Foreclosure
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
If I can buy fully negotiated short sales directly from the agent/broker that represents the lender at 80% of BPO, is this a good flip opportunity?
Your plan is well thought out, the only problem i see is a short sale is never approved until there is a buyer and an offer in writing, the bank will not order their bpo or appraisal un ... more
0 votes Share Flag Mon Jul 12, 2010 Foreclosure in Los Angeles
Peter Kedzior, Real Estate Pro in Arlington Heights, IL
Peter Kedzior answered:
am interested in a fourclouser aside from the price listed on the property are there any other monies that is owed to the bank owened property?
Buying of a foreclosed (bank owned) property, you will get a clear title with no debts and liens. The only situation when you may have to pay old debts is if you are buying a property t ... more
0 votes Share Flag Tue Jun 29, 2010 Foreclosure in Chicago
Brad Davidson, Real Estate Pro in Anaheim Hlls, Anaheim,...
Brad Davidson answered:
Has anyone ever heard of American Standard online?
Anyone can do a title transfer with a quitclaim deed. If this is one of the companies claiming to be able to save you from foreclosure, BEWARE!!! Putting title in another name won ... more
0 votes Share Flag Wed Jul 8, 2015 Foreclosure in 92648
Paul Priestl…, Real Estate Pro in 19047
Paul Priestley answered:
Corporate owned property, proof of funds / pre approval offer, will I even get a ... -approve me or should I not even bother with this house? ...
Megan I can help you through this process. Buying a Bank owned property is not much different then buying a property from a private owner only banks usally take a lot longer to accept y ... more
0 votes Share Flag Sun Mar 7, 2010 Foreclosure in 19020
Michael E Th…, Real Estate Pro in 48182
Michael E Thompson answered:
who pays closing costs on a foreclosed home?
There's no set answer to this...you have to watch the disclosures, and terms of a listing pretty carefully--I always advise clients writing offers on bank owned homes to be specific in ... more
0 votes Share Flag Wed Feb 11, 2015 Foreclosure in Holland
Mary Ann Maz…, Real Estate Pro in Myrtle Beach, SC
Mary Ann Mazzarella answered:
On bank owned properties in Foreclosures, are the prices listed the only price the bank will accept?
No, you can make offers but keep in mind others might also be making offers. In addition, sometimes it takes weeks until they tell you if they have accepted your offer. Usually the sell ... more
0 votes Share Flag Sun Feb 22, 2009 Foreclosure in 22315
Deanna Lawre…, Both Buyer and Seller in Phoenix, AZ
Deanna Lawrence answered:
Who is the Best Short Sale Processing Company?
My company, New Vista Home Services, specializes in short sales. You can reach me, Deanna, at 480.330.3963.
0 votes Share Flag Fri Sep 12, 2014 Foreclosure in Phoenix
Ken Brazil, Real Estate Pro in Roseville, CA
Ken Brazil answered:
Regarding REO's
Hi C. Olson,
The bank will give clear title at close of escrow like any normal closing. Be sure that there's no HOA because the banks in most cases will not pay for any back HOA dues. ... more
0 votes Share Flag Fri Mar 14, 2008 Foreclosure in Roseville, CA
CJ Brasiel, Real Estate Pro in San Jose, CA
CJ Brasiel answered:
I have 2 questions!!
Raj -

1.) It may be answered best by your lender. Assuming you are obtaining a loan to purchase the home, there may be a pre-payment penalty or like that will cost you if you sell ... more
0 votes Share Flag Tue Jan 22, 2008 Foreclosure
Ute Ferdig -…, Real Estate Pro in Newcastle, CA
Ute Ferdig - Atty. Negotiator answered:
My realtor told me "I am picky" after shown me 3 condos?!
Hi Pak. There's no set # of properties that needs to be shown. Whether you can be picky or not depends on what you can afford. If there is not a lot of inventory in your price range, ... more
0 votes Share Flag Sat Feb 8, 2014 Foreclosure in Alameda
Rosalind Boy…, Both Buyer and Seller in Chesapeake, VA
Rosalind Boyle answered:
Chesapeake V.A. good or should holding out a little while to see how the market goes for a buyer..?? Thank ...
It's a good time to buy. There is inventory to look at and interest rates are still at near record lows. Unlike a few years ago, you are much less likely to have to settle for a house ... more
0 votes Share Flag Fri May 23, 2008 Foreclosure in Chesapeake, VA
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