Foreclosure Cash For Keys In Illinois All Locations : Advice

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Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
When your home has been forclose on, and the mortgage company offer you relocation money what is that called?
Cash for keys is a common expression for this. It's not a lot of money, but often enough to allow you to move and put a deposit down on a rental. In exchange you promise to ... more
0 votes Share Flag Fri Apr 5, 2013 Foreclosure in Markham
Riccardo War…, Real Estate Pro in Downers Grove, IL
Riccardo Wardlow answered:
Do I have to move out on the day of the Sheriff Sale?
You should get a notice to vacate then you will have 30 days after that.

Sean Cochran
Quality Mortgage Lending
630-470-6830 office
630-330-2229 cell
* FHA loan ... more
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
Annette Akey, Real Estate Pro in Glen Ellyn, IL
Annette Akey answered:
I am in foreclosure and the sale is within a week. What are my responsibilities to moving. I am afraid th ...
You should consult an attorney for specific advice on your situation.
You can also find more information at the following websites: ... more
0 votes Share Flag Thu Feb 28, 2013 Foreclosure in 60188
Chris Spaldi…, Real Estate Pro in 85383
Chris Spalding answered:
My landlord is walking away from his mortgage, how long until the bank forecloses and forces me to move out? how long do I continue to pay him?
How did you find out that the landlord has stopped paying the mortgage? foreclosure timeframes vary considerably based upon the state and the lender.
0 votes Share Flag Sun May 18, 2014 Foreclosure in 60616
Deallen, Real Estate Pro in Illinois
Deallen answered:
foreclosure about 9months in illinois, after sheriff sale does fha give csh for keys amount
From my understanding, A investor buys a property at action, gets a receipt of sale, and once the courst finally approve the sale, then a deed. From there, the investors are usually the ... more
0 votes Share Flag Sun Nov 11, 2012 Foreclosure in 60586
Laith Kubba, Real Estate Pro in 60025
Laith Kubba answered:
I am going into foreclosure anyday now. can i hire attorney to help me negotiate keys for cash deal. I n ...
Give me a call at 312-371-2383 and we can discuss available options.
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in 60586
Inaas Arabi, Real Estate Pro in Naperville, IL
Inaas Arabi answered:
My home was foreclosed on went to auction and did not sell, the bank ownes the home how long before I have to move out?
Hello Newpapa96,

Stay in the home till the bank or their agents contact you about moving , you have anywhere from 3 to 4 months in my opinion.

make sure you ask them about cash ... more
0 votes Share Flag Tue Sep 25, 2012 Foreclosure in 60505
Bruce Slaton, Real Estate Pro in Elk Grove, CA
Bruce Slaton answered:
This would better be posted in New Hampshire as California has different laws regarding evictions and it can be different even down the counties

Maybe this link could assist you: htt ... more
0 votes Share Flag Tue Aug 27, 2013 Foreclosure in 95828
Terry  Perdue, Real Estate Pro in Chicago, IL
Terry Perdue answered:
I received a notice stating that An Order for Sale and Possession and Eviction will be entered 8-23-23 on ...
Yes, you have the right to request an extension. You might want to do it in the form of a written motion. Motion for extension of time. State why you need an extension and when you will ... more
0 votes Share Flag Fri Aug 17, 2012 Foreclosure in Chicago
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
my house is going up for auction in Sept. how much time do I have after that? if sold or if not sold ...
Not sure what you mean by auction. If the foreclosure process is over and the auction is for someone to buy it before it goes back to the bank at a public aucton then the bank will almo ... more
0 votes Share Flag Fri Aug 17, 2012 Foreclosure in Chicago
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
My house is going up for auction next month, what happens if it winter season? would we still have to vacate ...
It is not going to take that long:
If the Bank gets it back, (odds are), they will assign a Realtor to list it; that will take 3-5 weeks. That Realtor will contact you to possible arra ... more
0 votes Share Flag Thu Aug 16, 2012 Foreclosure in Chicago
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
we r about to be evicted from our rental home due to foreclosure is there a program that can help us with r ...
Sorry to hear about your situation. Not sure about real estate law and tenant rights in Wisconsin. You need legal advice. I had an army family that got representation and adv ... more
0 votes Share Flag Sun Sep 23, 2012 For Rent in 60073
Dave, Home Buyer in Colfax, CA
Dave answered:
Is it illegal to collect rent on a home one owns while it falls into foreclosure and ultimetly repossess ...
To the extint a non-pro realtor/banker can speak, I have two personal times this was a huge issue for us.
First, on a CH13 15 yrs ago; the trustee advised not to pay
0 votes Share Flag Sat Aug 3, 2013 Foreclosure in Clearwater
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Closing on a foreclosure in April, title free and clear. The owners are still there and don't seem to b ...
This question can best be answered by your attorney, therefore consider a consultation as it is highly advisable that the current owners be out by closing day....
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in Chicago
John Gall  A…, Real Estate Pro in Chicago, IL
John Gall ABR SFR answered:
Is it common for seller and their attorney not to be present at closing.?

I would not be too concerned. Typically, an attorney repesenting the seller would be present at the closing in order to move the closing along efficiently in terms of getting ... more
0 votes Share Flag Fri Apr 6, 2012 Home Buying in Chicago
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
if I short sale my house, will the bank give me some money for moving expenses, ... cash for keys?And how much time will they allow me ...
Hi gstein2012,

No, lenders will not give you any money if you do a short sale as they are already taking a loss on the property. As for how much time you have to move out once the s ... more
0 votes Share Flag Mon Jan 26, 2015 Home Selling
Philip Sencer, Real Estate Pro in Chicago, IL
Philip Sencer answered:
I am in foreclosure for my property now.My current bank wants to put the house in auction by april.How ...
You have plenty of time. The new owner will need to file eviction procedings to get you out and that process takes 3 months or longer. They might offer you what is called 'cash for ... more
0 votes Share Flag Tue Feb 28, 2012 For Rent in Chicago
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
I am a tenant and te property i live became reo property public records as of 12/07/2011. Do the owner still have the right to collect rent?
The previous owner--the person who owned the property before December 7--has no right to collect any rent that became due after December 7. However, if the renter was behind on rent (le ... more
0 votes Share Flag Tue Jan 10, 2012 Foreclosure in Chicago
Peter Kedzior, Real Estate Pro in Arlington Heights, IL
Peter Kedzior answered:
We just found out the condo we are renting is being foreclosed upon. What does this mean for us, as renters? ...
First, the title has to be legally transferred to the lender, which may take months or more. Once that happens, the lender will serve you with a notice to vacate. Even then, you may hav ... more
0 votes Share Flag Tue Oct 18, 2011 Foreclosure in Chicago
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
If my house is listed as Mortgage Release with the County Clerk can I purchase again once my credit is repaired?
If you lose your house to foreclosure, it is unlikely you wuld be able to buy it back unless you had teh cash, in the old days you would need a minimum of 2 years before you could get a ... more
0 votes Share Flag Sun Aug 14, 2011 Home Buying in Richton Park
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